News

The Science Based Targeting Initiative (SBTi) will allow companies to offset Scope 3 emissions using carbon credits, a move that could trigger greenwashing controversies or significantly change the renewable energy certificate (REC) and carbon credit mark

To mitigate global warming, the Paris Olympics has set ambitious carbon reduction goals. However, the non-profit organization Carbon Market Watch argues that its carbon footprint remains excessively high, making it difficult to be sustainable.

The Science Based Targets initiative announced that it will allow the use of carbon credits to reduce emissions from Scope 3. Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, are set to be published July.

According to global consulting firm Kearney, over 70% of executives in the Asia-Pacific region expressed reluctance to publicly disclose carbon reduction plans due to greenwashing anxieties.

Nike has dodged a potential lawsuit following a judge's dismissal of the case related to greenwashing due to insufficient evidence.

JSE Ltd., the largest stock and bond exchange in Africa, plans to begin trading carbon offset credits in the next two months.

Verification agencies, consulting firms, and agri-food industry players of Taiwan gathered at a forum held on March 28 to share insights on corporate sustainability and carbon reduction from three different perspectives.

District Court of Amsterdam determined on March 20 that an advertising campaign for Sustainable Aviation Fuel and other environmental measures by the Dutch flag carrier, KLM, was deemed "greenwashing."

Siemens Energy is gearing up for a comeback. Repsol SA and BayWa r.e. have both indicated that Siemens' turbines are set to resume supply, attempting to shake off the crisis of quality problems from last year.

Amazon announced on 20 a new power purchase agreement (PPA) with Spanish renewable energy company Iberdrola, with the US retail giant procuring 159 MW from the UK-based East Anglia THREE offshore wind farm.