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Regulators around the world are considering increasing their scrutiny of companies’ emissions-reduction claims in a bid to dispel greenwashing concerns. . Today’s guidelines will help companies continue to decarbonise in a cost-effective way,” UK Business and Energy Secretary Kwasi Kwarteng said. .
David Scaysbrook, Co-founder and Managing Partner of Quinbrook, said the technology would help protect companies against accusations of greenwashing. “As Quintrace users can access hourly carbon calculations in accordance with the GreenhouseGasProtocol, as well as emerging standards like EnergyTag.
Earlier this month, the Canadian Association of Petroleum Producers publicly criticized the federal government’s new greenwashing rules, saying they “effectively silence” climate discussion, impeding companies from speaking to Canadians about their projects’ green credentials. Iris Fairley-Beam is an independent legal researcher.
This has fueled confusion and accusations of greenwashing. Corporate net-zero targets must consider all scopes 1 and 2 according to the GreenhouseGasProtocol Standard s. The Corporate Net-Zero Standard addresses this problem by providing a clear, science-based definition of net-zero.
For example, the recent landmark climate proposal by the US Securities and Exchange Commission (SEC) establishes a disclosure framework based on the Task Force on Climate-Related Financial Disclosures (TCFD) framework and the GreenhouseGasProtocol.
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