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Is 'net zero' much ado about nothing?

GreenBiz

Is 'net zero' much ado about nothing? Net zero is the near-universal goal of nations, states, provinces, cities, companies, universities and others. The five questions below represent just a sampling of issues surrounding what net zero means — and doesn’t. First, what is net zero? Joel Makower.

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Canadian oil and gas industry is actively lobbying against its net-zero targets: report

Corporate Knights

The Canadian oil and gas industry is engaging in greenwashing by endorsing a 2050 net-zero target while actively lobbying against measures that would achieve that climate goal, international non-profit InfluenceMap says in a report. In statement, CAPP rejected the greenwashing charge. C,” the report said.

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Greenwashing corporate communications is slowing climate progress

Corporate Knights

If we have any chance of heeding the Intergovernmental Panel on Climate Change’s repeated warnings and meaningfully reducing global CO2 emissions by 2030 , the business community will have to get serious about the task at hand. . Vanessa Chris is a content strategist and founder of h2h content. .

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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. . The post Advocates urge regulation of banks’ climate commitments to avoid greenwashing appeared first on Corporate Knights.

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RBC shareholder resolution confronts greenwashing loopholes in ‘sustainable debt’

Corporate Knights

While linking corporate debt to sustainability targets sounds like a great way of incentivizing companies to make environmental, social and governance (ESG) improvements, a lack of standardized rules has quickly opened the door to greenwashing, with some companies using the funds to continue business as usual with little ESG impact. .

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Canada's greenwashing law has been a major reality check for the oil lobby

Corporate Knights

Where once there were claims about the companies working together to reduce their absolute emissions by 22 million tons (Mt) annually by 2030, and to net-zero by 2050, there is now a statement that Pathways is “focused on advancing environmental innovation and pursuing emissions efficiencies from our oil sands operations”.

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There's a new push to get net-zero targets to matter

Corporate Knights

Over the last decade and a half, a standard form has emerged in which governments and corporations have made their promise to do so: the net-zero target. As a strategy, the net-zero target has been criticized by climate advocates; at its worst, it can be a vague, unenforceable greenwashing program. In the U.S.,

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