Remove 2024 Remove Carbon Offsets Remove Greenwashing
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Cooking the books: The magical math of ‘climate-friendly’ meat

Corporate Knights

In 2023, we purchased carbon offset credits from 16 projects that neutralized approximately 7% of our Scope 3 emissions,” Maple Leaf spokespeople tell Corporate Knights – specifically for products that carry the “carbon zero” marketing label. That includes emissions from animals and meat purchased from suppliers. “In

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Nasdaq Survey Report: 2024 Global Net Zero Pulse

3BL Media

In line with last year’s survey findings, strategies that focus on carbon removal credits are favored by respondents from larger companies, whereas smaller companies are more likely to have strategies that focus on carbon reduction or avoidance credits.

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EU Council Agrees on New Rules to Tackle Greenwashing in Product Green Claims

ESG Today

The European Council today announced today that it has reached an agreement on a series of proposals aimed at protecting consumers from greenwashing, setting requirements for companies to substantiate and verify claims and labels regarding the environmental attributes of products and services.

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Concerns about credibility of carbon offsetting schemes expressed in UK environmental services survey

Envirotec Magazine

While almost a third of those questioned (33%) believed carbon offsetting is a viable strategy for achieving net-zero emissions, just 37% have employed it as a strategy to reduce their businesses’ environmental impact. The survey gathered data from 1,498 professionals from across the environmental services industry from April-May 2024.

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New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

AB 1305: Voluntary Carbon Market Disclosures Business Regulation Act For its part, AB 1305 will impose new disclosure requirements on companies - public and private, of all sizes - that make net-zero GHG emissions, GHG emissions neutrality, or similar claims.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Those guidelines are due to be released in 2024. Now, it’s being taken up by a multilateral panel that is expected to report in 2024 if all goes well. Carbon Capture Backed by Carbon Offsets? In 2020, a blistering analysis showed Canada leading the G20 countries in per capita public financing to oil and gas.

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Pension Plans Increase Focus on ESG Investing for a Sustainable Future

3BL Media

The voluntary carbon-offset market is rapidly evolving and is expected to grow to around $250 billion by 2050 from only $2 billion in 2020. 5 This will require financial institutions to publish climate disclosures that align with the TCFD framework beginning in 2024, using a phased approach.

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