The credibility of the world’s foremost benchmark for assessing corporate climate action has been called into question as allegations of “greenwashing” surface from within its own ranks. Employees have raised concerns that the benchmark, which is intended to rigorously evaluate companies’ environmental commitments, has been compromised by permitting businesses to rely on carbon credits to...Read More

In a significant development, draft guidelines for a new policy set to inform a revised Corporate Net Zero Standard are scheduled for publication in July 2024. This anticipated policy change, announced by the organization’s board of trustees in an April 9 statement, signals a notable departure from previous approaches. Under the revised guidelines, companies pursuing...Read More