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December 5, 2023

VCMI Scope 3 ‘flexibility claim’ raises concerns

Trees in forest.
The VCMI’s new flexibility claim allows companies to use carbon credits to close the gap between their Scope 3 emissions reductions targets and their existing emissions (Photo: Fahroni/Envato)

The Voluntary Carbon Markets Initiative has updated its ‘claims code of practice’, allowing companies to begin making claims about how they use carbon credits

The Voluntary Carbon Markets Initiative’s plans to help businesses use carbon credits to close the gap between their current emissions and their emissions reduction targets have triggered concerns at non-profit Carbon Market Watch. 

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