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Sustainability pays off

Report: Net-zero corporate commitments largely over-reliant on carbon offsetting

February 2022
08
Author: Brose
Company: Verband Deutscher Maschinen- und Anlagenbau e.V.
Report: Net-zero corporate commitments largely over-reliant on carbon offsetting

An analysis of 25 corporates' net-zero commitments has found that they cover, on average, just 40% of annual greenhouse gas emissions, with the likes of Unilever, Nestle and BMW Group named among the worst offenders. The findings were published today (7 February) by Berlin-based organisation the New Climate Institute and non-profit Carbon Market Watch and have made national headlines here in the UK.

 

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