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A study conducted by NewClimate Institute in collaboration with Carbon Market Watch revealed that 25 of the world’s largest companies’ claims to combat climate change cannot be taken at face value

Top global companies could be greenwashing climate action measures, says study

Corporate Climate Responsibility Monitor evaluated climate action claims of 25 major companies

By Yashasvini Razdan
Published - Feb 07, 2022, 10:20 PM ET
Last Updated - Jun 06, 2024, 03:56 AM EDT

Corporate Climate Responsibility Monitor evaluated climate action claims of 25 major companies

The study assessed the transparency of each firm’s headline climate pledges and gave them an “integrity” rating

A study conducted by NewClimate Institute in collaboration with Carbon Market Watch revealed that 25 of the world’s largest companies’ claims to combat climate change cannot be taken at face value.

The report suggested that in reality, these companies are only committing to reducing their emissions by 40% on average, not 100% as suggested by their “net-zero” and “carbon neutral” claims.

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