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Net-zero pledges have become commonplace among corporations, financial institutions and cities, but questions abound as to whether those companies and governments have real plans in place to achieve them. In many cases, corporations or local governments don’t yet know how they will achieve net-zero status by 2050.
Speaking at COP27 in Egypt last year, UN Secretary General António Guterres was clear: “the criteria and benchmarks for… netzero commitments have varying levels of rigor, and loopholes wide enough to drive a diesel truck through. We must have zero tolerance for netzerogreenwashing.” C within reach.
Governments are being called on to put some regulatory muscle behind corporatenet-zero pledges to ensure they don’t amount to mere greenwashing. . We must have zero tolerance for net-zerogreenwashing. -UN The planet cannot afford delays, excuses, or more greenwashing.” .
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