Proposed code allows for use of carbon credits to address Scope 3 emissions

The Environmental Defense Fund and the We Mean Business Coalition were among the organizations backing the Scope 3 Action Code of Practice from the Voluntary Carbon Markets Integrity Initiative. Read More

SBTi wants more small companies to set net-zero goals. Here’s how it’s wooing them

Proposed changes to corporate standard are also designed to bring more midsize firms into the fold. Read More

New SBTi CEO urges companies to step up action on net zero

Former EY partner David Kennedy calls for more “partnership” with corporations as the nonprofit finalizes a major revision to the Corporate Net Zero Standard. Read More

Target-setting overhaul offers more options for reducing Scope 3 emissions

The SBTi has listened to companies that have long lobbied for more flexibility in dealing with this difficult challenge. Read More

SBTi proposes more flexibility in 132-page net-zero overhaul

Window is now open for corporations, NGOs, regulators and others to offer feedback on “initial consultation” draft Corporate Net Zero 2.0. Read More

SBTi delays new corporate net-zero update again

The Science Based Targets initiative will gather critique in an online survey and through five working groups. Read More

Coca-Cola’s confusing emissions claims draw fire

Inconsistent and confusing public disclosures muddle attempts to assess corporate ambitions on climate. Read More

Carbon markets look to put a turbulent 2024 behind with signs pointing to an uptick

Action by governments and others give carbon market advocates hope that a corner has been turned. Read More

Science Based Targets initiative CEO resigns, citing personal reasons

Luiz Amaral’s resignation is the latest development in a challenging time for the validation organization. Read More

What corporate finance teams should know about SBTi’s new financial sector guidance

Updates for banks and other institutions setting science-based targets for emissions reductions take effect Nov. 30. Read More