The world is awash with claims that companies are ‘net zero’ aligned – but what does it really mean? Behind most corporate net zero claims are different standards and guidelines. Some of the most widely used are about to be updated—and we want them to be improved. Read our factsheet to find out how.
Companies that make no changes to their usual practices but claim their products or operations are climate neutral by buying carbon offsetting credits are greenwashing. The European Union recently took the same stance with new rules on green claims and empowering consumers. Our report reveals that a leading international standard rubberstamps practices that contradict these laws and are not aligned with the goals of the Paris Agreement.
Press release | Companies that make no changes to their usual practices but claim their products or operations are climate neutral by buying carbon offsetting credits are greenwashing – plain and simple. The European Union recently took the same stance with new rules on green claims and empowering consumers. A report from environmental NGO ECOS [1] reveals that a new international standard rubberstamps practices that are in contradiction to these laws and are not aligned with the goals of the Paris Agreement [2].
The gold standard for climate targets, SBTi, falls short. It does not follow the latest science or UN recommendations on net zero. Together with 20+ NGOs, ECOS has urged SBTi to align with UN standards. Read the joint letter.
ECOS is co-funded by the European Commission and EFTA
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or EISMEA. Neither the European Union nor the granting authority can be held responsible for them.