Report: Companies’ climate targets not what they claim to be
Associated PressBERLIN — Climate commitments by companies aren’t always as green as they seem. The researchers also questioned companies’ pledges to achieve “net zero’’ emissions, arguing that most consumers would understand that to mean largely stopping the release of planet-heating gas into the atmosphere. Carrefour said it disagreed with the report, adding that its climate efforts had been validated by independent experts — a position also taken by Swiss-based Nestle, whose targets were labeled as having “low integrity.” “We will continue to pursue a holistic strategy of reducing our emissions and removing carbon from the atmosphere through measures that deliver benefits to the millions of people connected to our company’s operations,” Nestle said in a statement. “We support the NewClimate Institute’s concern to achieve the greatest possible transparency and comparability in the climate goals of large companies,” it said. The report’s authors said their findings highlighted the need for greater transparency and stricter regulation of corporate climate efforts, to prevent companies from greenwashing their environmental impact —- particularly when making ‘net zero’ claims.