Report: Companies' climate targets not what they claim to be

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Climate commitments by companies aren’t always as green as they seem. A new report concludes major brands are exaggerating how ambitious their efforts to cut greenhouse gas emissions are — in effect misleading consumers, investors and governments.

“These net zero pledges, they actually amount to a commitment to reduce the emissions of those companies by just 36%,” said Day. Companies either claim the rest will be removed from the atmosphere by artificial or natural means — so-called carbon offsets — or simply remove large chunks of their emissions from the tally.

Carrefour said it disagreed with the report, adding that its climate efforts had been validated by independent experts — a position also taken by Swiss-based Nestle, whose targets were labeled as having “low integrity.”

 

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Nothing can be done with most companies emissions until a clean freight option is available. Major emitter in most supply chains with no zero emission options. Off setting is joke too, only passes buck and not proven to work.

Everybody lies about everything now thats the new thing, just lie

no shit

johnastoehr As matt_levine says: everything is securities fraud.

Earth's climate has been changing for over 4 billion years. Get used to it!

What CEO would pass up such a golden opportunity to grift.

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