The world's main benchmark for vetting corporate climate action has been accused by its own staff of 'greenwashing' after allowing businesses to use carbon credits to offset pollution from their value chains.
Critics say offsets give corporations a free pass to keep polluting without cleaning-up their act. Photo: JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/FileThe world's main benchmark for vetting corporate climate action has been accused by its own staff of"greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains.
An internal letter sent to SBTi leadership, and seen by AFP, said the board's decision was taken without adequate consultation, defied science, and"resulted in significant harm to our organisation’s reputation and viability.
But critics say offsets give corporations a free pass to keep polluting without cleaning-up their act, and their usage to make claims of"carbon neutrality" has become increasingly contentious.
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