Amid soaring emissions, not one of the corporations evaluated in the latest Corporate Climate Responsibility Monitor received a clean bill of health for its climate strategy, though some isolated improvements occurred. This highlights the vital importance of governments stepping up to better regulate the climate action of the private sector.
Despite some good initiatives, the climate strategies of top food and agriculture corporations are not cutting the mustard, according to a preview of the Corporate Climate Responsibility Monitor. Danone ranks highest among the assessed companies, while JBC and PepsiCo are bottom of the class.
3 December 2024 | 10:30 – 13:30 CET | RED Radisson Hotel, Rue d’Idalie 35, 1050 Bruxelles and online REGISTER HERE As a supplement to fast, deep and sustained emissions reductions, carbon removals will be needed to balance out the emissions that society deems vital and hard to abate, and to lower historical greenhouse gas …
Read more “Towards 2040 and beyond: The role of carbon removals in the EU climate framework”
Carbon Market Watch strongly condemns the SBTi Board of Trustees’ announcement to recognise carbon credits as a way to “abate” scope 3 emissions. These indirect, value chain emissions usually make up the lion’s share of a company’s carbon footprint.
9 April 2024 | 15:00 – 16:00 CET | ONLINE REGISTER HERE Major corporations around the world lay claim to being climate champions with their “net zero” pledges and “carbon neutral” products and services. But how seriously are these multinational companies tackling the climate emergency? Which are taking genuine green action, and which are engaged in …
Read more “Decade of (in)action: Are corporate 2030 climate plans fit for purpose?”
Major corporations are making disingenuous ‘net zero’ and ‘carbon neutral’ claims based on dubious emissions offsetting practices rather than actual cuts. This cannot continue.
Carbon removals are not meant as a tool for corporate greenwashing or climate inaction. They should only be used to reduce the concentration of greenhouse gases in the atmosphere.
Despite claiming to be champions of climate action, two dozen of the world’s largest and richest corporations are hiding their climate inaction behind the fig leaf of green-sounding ‘net zero’ plans, concludes the 2023 edition of the Corporate Climate Responsibility Monitor. For that reason, governments must stop their dithering and regulate robustly what green claims companies are permitted to make.
As the climate crisis intensifies, EU legislators are working on updating the Unfair Commercial Practices Directive (UCPD) and the Consumer Rights Directive (CRD) to better protect consumers against common greenwashing practices and equip them for a green economy. However, the current proposal – “Empowering Consumers for the Green Transition” – will not effectively end greenwashing. …
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