Everything you should know about the SBTi carbon-offsetting controversy
Everything you should know about the SBTi carbon-offsetting controversy
26 Apr 2024
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Description
The Science-Based Targets initiative (SBTi) has sparked controversy by proposing to loosen rules around companies using carbon offsets to meet their emission reduction targets, particularly for hard-to-abate scope 3, and then withdrawing the proposal hours later. In this video, Dave Carter, former McKinsey strategy consultant goes straight to the point and explains why the SBTi statement about expanding carbon offset use for corporate emissions targets generated such controversy.
Table Of Contents
What's happened
What is the SBTi and what was the drama that unfolded?
Why is it important
Why carbon offsets are so controversial?
What's next
What are the wider effects a new proposal can spark on the corporate emission targets area?
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