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Companies using renewable energy certificates could risk greenwashing, says non-profit

H&M Group acknowledges its ‘dependency on standalone renewable energy certificates within our strategy … as they add flexibility on top of our long-term investments in PPAs’ (Photo: Fredrik Sandberg/TT News Agency/AFP via Getty Images)

Long-term power purchase agreements and ‘hourly matching’, not renewable energy certificates, should be the focus of companies’ efforts

Major brands relying on standalone renewable energy certificates to back up claims they use solar or wind energy to power operations may be greenwashing their commitments, according to a report from German ...

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