Top Posts
Death toll from Mokwa flood rises to 153
Scientists say nearly 40% of the world’s glaciers...
Nigerian government seeks alignment of NDC climate action...
German court dismisses climate case against RWE
WHO Climate Change action plan approved
Report: World likely to breach 1.5°C limit in...
At Bonn climate talks, Brazil demands early deals...
Researchers warn Africa could face 113 million climate...
LAPO MfB launches tree-planting initiative to fight climate...
Stiell says new NDCs are about growth, antidote...
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
World

Staff at climate target organisation revolt over carbon-offsetting plan

by admineconai April 12, 2024
written by admineconai April 12, 2024
443

Staff at one of the world’s leading climate-certification organisations are reported to have called for the CEO and board members to resign after they announced plans to allow companies to meet their climate targets with carbon offsets.

According to reports, they fear that companies will use the offsets for greenwashing, while avoiding making the necessary cuts in greenhouse gas emissions – without which the world faces climate catastrophe.

The UN-backed Science Based Targets initiative (SBTi), which certifies whether a company is on track to help limit global heating to under 1.5C, has validated hundreds of net zero plans from companies including J Sainsbury plc, John Lewis and Maersk.

Till now, the SBTi has ruled out the use of carbon offsets, instead emphasising the importance of deep greenhouse gas emissions cuts. But on Tuesday, the SBTi board of trustees released plans to allow carbon credits in their net zero standard by permitting companies to use them to offset emissions from their supply chains, known as scope 3 emissions.

Read also: Biden races to commit billions to climate action as election looms

The board said that there was “ongoing healthy debate on the subject”, but that “when properly supported by policies, standards and procedures based on scientific evidence”, the use of offsets in supply chains could be “an additional tool to tackle climate change”, and so it had decided to extend their use. They said a draft of the new rules would be published by July.

SBTi staff reacted furiously to the announcement and advisers, who say they were not consulted on the decision and that the move is not based on science. In a letter to management seen by the Guardian, they called for the statement to be withdrawn, and for the resignation of CEO Luiz Fernando do Amaral and any board members who supported the decision.

The statement read: “We stand ready to support any efforts aimed at ensuring that the SBTi does not become a greenwashing platform where decisions are unduly influenced by lobbyists, driven by potential conflicts of interest and poor adherence to existing governance procedures. In the event that our concerns are not addressed, SBTi staff will have no choice but to take further action.”

Story was adapted from the Guardian.

Carbon offsettingClimate changeOrganisationPlanStaffTarget
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
Biden races to commit billions to climate action as election looms
next post
AEMC says Carbon price should be set at $70 a tonne

Related Posts

Scientists say nearly 40% of the world’s glaciers...

June 3, 2025

German court dismisses climate case against RWE

May 28, 2025

WHO Climate Change action plan approved

May 28, 2025

Report: World likely to breach 1.5°C limit in...

May 28, 2025

At Bonn climate talks, Brazil demands early deals...

May 23, 2025

Guterres raises alarm over rapid Himalayan glacier melt

May 17, 2025

Study shows two-thirds of global warming caused by...

May 8, 2025

Weather expert warns climate change to hit agriculture...

May 5, 2025

Trump dismisses authors of major climate report

April 30, 2025

New UN report shows Indigenous Peoples sidelined in...

April 25, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

  • Facebook
  • Twitter
  • Instagram
  • Linkedin
  • Bloglovin
  • Vimeo

@2021 - All Right Reserved. Designed and Developed by Eco-Nai+

EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World