FIFA’s latest grand tournament, the month-long Club World Cup has kicked off in the USA. The expanded 32-team games flex the football industry’s money making power, while spotlighting its disregard for people and planet.
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.
Tech giant Amazon now sells carbon credits to its corporate customers. While this offers companies a low-cost way to appear to be taking climate action, it does nothing to cut their real-world emissions.
This joint statement outlines a robust alternative to the “carbon neutrality” model of corporate climate finance.
Dozens of stakeholders have signed a joint statement urging companies and organisations to ditch outdated ‘carbon neutrality’ models and replace them with robust alternative approaches to climate action outside corporate value chains that provide much-needed finance without making unsubstantiated claims.
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”
In this joint statement, 80 civil society organisations, including Carbon Market Watch, express their opposition to the use of carbon credits for offsetting purposes and the recent move towards relaxing rules surrounding indirect scope 3 emissions, such as the recent controversy at the Science-based Targets initiative (SBTi). Climate targets must focus primarily on the reduction …
Read more “Why carbon offsetting undermines climate targets – Joint NGO statement”
As Euro 2024 kicks off, the tournament has been caught offside with some of its climate claims. UEFA must do better to tackle its carbon footprint.
As this year’s edition of the CCRM reveals, the median absolute emissions reduction commitments by 2030 for the 51 companies assessed was as little as 30% (and 33% at the most optimistic), whereas the world needs a 43% reduction in greenhouse gas emissions and 48% in carbon emissions below 2019 levels to limit the global temperature increase to 1.5°C.
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