Luiz Amaral, who was the SBTi’s first CEO when appointed in 2022, is exiting his role as chief executive of SBTi at the end of this month.
Search Results for “offset”
Carbon offsets undermine climate targets, say non-profits
More than 80 leading non-profits have hit out at the use of carbon offsets to meet climate targets, highlighting key issues with the practice.
Amazon moves away from global carbon offset standard
The Jeff Bezos-founded firm is instead backing its standard known as Abacus, which it has developed jointly with a carbon registry named Verra.
Carbon offsets market plunges over 60% amid environmental concerns
Research by Ecosystem Marketplace, a nonprofit focused on the carbon market, reveals the carbon offsets market was down 61% from $1.9bn (£1.5bn) in 2022 to $723m in 2023.
WWF says ‘Offsets are not a substitute’ as it wades into STBi row
The intervention from wildlife charity WWF comes amid a fierce debate around carbon credits, which has caused outrage within the SBTi itself.
Verra’s carbon offset schemes ‘not stopping’ deforestation
Many Verra’s carbon offsetting schemes are “not stopping any deforestation at all or stopping very small amounts”.
Data: around 80% of carbon offset projects are ‘likely junk’
Around 80% of carbon offset projects are ‘likely junk’, reveals new data from Corporate Accountability and the Guardian.
Shell silently drops carbon offsetting
Shell has silently dropped carbon offsetting amid concerns many don’t have positive environmental impact.
Nestlé drops its ‘carbon neutral’ pledge and cancels carbon offsetting
Nestlé has withdrawn its sustainability pledges to make certain brands ‘carbon neutral’ and is stopping its use of carbon offsets.
Travelodge CEO: the secrets of a sustainable stay
Travelodge CEO Jo Boydell outlines the valuable role the hospitality sector can play in helping the UK reach its net zero targets.