Knowledge Hub

Standardise transition plans globally to avoid greenwashing, non-profit urges

A coal-fired power station. The report suggests greenwashing by some companies that claim adherence to a transition plan but are members of lobbying groups that support fossil fuel production. (Photo: Waldo Swiegers/Bloomberg)

Ensuring that companies deliver on their claimed emissions reductions is impossible without an agreed international standard, says Reclaim Finance

International jurisdictions should agree a mandatory standard that all transition plans must follow, and set up supervisors or specific regulatory agencies to ensure that plans deliver on decarbonisation promises, says Paul ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Planting trees_forestry
Knowledge Hub, Policy & Regulation, UK
February 23, 2024

Including Woodland Carbon Code in UK ETS could boost prices and accelerate afforestation

A paper co-authored by academics at King’s College London and asset manager Foresight Group argues the case for expanding the UK’s Emissions Trading System to include afforestation 
Read more