Brendanjones, 1 month ago In a credibility-destroying move, the Science Based Targets initiative (SBTi) have decided to allow companies to count offsets towards reducing their scope 3 emissions. Five SBTi teams have written an open letter calling for the CEO and Board who voted in favour to resign, and other orgs have also come out against it: https://carbonmarketwatch.org/publications/open-letter-on-the-use-of-carbon-credits-to-meet-scope-3-ghg-targets/ Full summary here: https://www.reuters.com/sustainability/companies-get-green-light-use-offsets-supply-chain-emissions-2024-04-10/ #climate #emissions
In a credibility-destroying move, the Science Based Targets initiative (SBTi) have decided to allow companies to count offsets towards reducing their scope 3 emissions.
Five SBTi teams have written an open letter calling for the CEO and Board who voted in favour to resign, and other orgs have also come out against it: https://carbonmarketwatch.org/publications/open-letter-on-the-use-of-carbon-credits-to-meet-scope-3-ghg-targets/
Full summary here: https://www.reuters.com/sustainability/companies-get-green-light-use-offsets-supply-chain-emissions-2024-04-10/
#climate #emissions
Brendanjones, 1 month ago The statement from the SBTi board of trustees, explaining the move: https://sciencebasedtargets.org/news/statement-from-the-sbti-board-of-trustees-on-use-of-environmental-attribute-certificates-including-but-not-limited-to-voluntary-carbon-markets-for-abatement-purposes-limited-to-scope-3
The statement from the SBTi board of trustees, explaining the move: https://sciencebasedtargets.org/news/statement-from-the-sbti-board-of-trustees-on-use-of-environmental-attribute-certificates-including-but-not-limited-to-voluntary-carbon-markets-for-abatement-purposes-limited-to-scope-3
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