ECOS | Environmental Coalition on Standards

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Tag: VCMI

  • New VCMI guidance risks justifying carbon offsetting and delaying real corporate climate action, NGOs say

    Press release | In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their Scope 3 emissions are off track to reach their commitments. NGOs including ECOS, NewClimate Institute, Carbon Market Watch and Milieudefensie have critiqued the guidance, saying that carbon credits must not replace direct emissions reductions.

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