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February 13, 2024

Companies slammed for not checking trade associations’ climate policies

A Bayer manufacturing facility in Mexico. The multinational has distanced itself from the German Chemical Industry Association’s position on carbon capture and utilisation. (Photo: Jeoffrey Guillemard/Bloomberg)
A Bayer manufacturing facility in Mexico. The multinational has distanced itself from the German Chemical Industry Association’s position on carbon capture and utilisation. (Photo: Jeoffrey Guillemard/Bloomberg)

Major chemical and consumer companies, including Colgate-Palmolive and Procter & Gamble, are members of trade bodies that are ‘misaligned’ with net zero, says Planet Tracker

Corporate management teams that claim to support lowering their carbon footprint are undermining their own message if they belong to associations that do not share their commitments, says a report from London-based climate finance non-profit Planet Tracker.

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