Carbon Market Watch response to the UN High-level expert group on net zero

Carbon Market Watch welcomes the opportunity to input to the HLEG’s call for public submissions on net-zero commitments of non-State entities. There is currently a proliferation of net-zero claims, as well as other similarly vague claims such as carbon neutral, carbon negative, climate positive, climate neutral, net carbon zero, and so on. Neither policymakers nor …

FIFA World Cup in Qatar scores own goal with misleading carbon neutrality claim, new report

The FIFA World Cup in Qatar advertises itself as the first carbon-neutral tournament of its kind. Our latest research casts serious doubt on this claim, suggesting that this goal will be achieved through creative accounting rather than actually reaching a carbon footprint of (net) zero.

Hollow corporate promises: How to stop false climate claims

Corporations are exaggerating their climate action, according to our recent report. But what are the next steps for those companies who truly want to reduce their impact on the climate? And how can governments stop false or misleading pledges sneaking into advertising? The Corporate Climate Responsibility Monitor, a joint report from Carbon Market Watch and …

Top corporations use misleading climate pledges to greenwash image, new report

Major global companies are avoiding meaningful climate action and are instead using false, misleading or ambiguous green claims, a new report shows. The first Climate Corporate Responsibility Monitor assesses the pledges made by 25 of the world’s largest corporations, many of them household names, against a set of transparent quantitative and qualitative indicators. Due out …

Corporate Climate Responsibility Monitor

The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges. Companies around the world are increasingly alert to the climate emergency. They face calls from a growing range of stakeholders to take responsibility for the impact of their activities. Most large companies now have public climate strategies and targets, many of …

Launch of the Corporate Climate Responsibility Monitor: Untangling green business from greenwashing in corporate climate claims

Date: 7 February 2022 Time: 11.00 – 12.00 CET Companies around the world are increasingly alert to the climate emergency, facing calls from a growing range of stakeholders to take responsibility for the environmental impact of their activities. The rapid acceleration of corporate climate pledges means that it is more difficult than ever to distinguish …

January newsletter editorial: Europe’s sustainable energy quandary

Dear friends, Shortly before a dinner guest around our New Year’s Eve table asked me whether it will really be possible to satisfy all our future energy needs with electricity from renewable sources, the European Commission slipped through its controversial proposal for what constitutes green investment.  In the Commission’s draft addition to the green taxonomy, …

Net-zero pipe dreams: Why fossil fuels cannot be carbon neutral

Executive summary With fossil fuels being branded “carbon neutral” left and right, this Carbon Market Watch investigative report analyses 18 recent carbon neutrality claims in detail, uncovering that they amount to brazen greenwashing. These “carbon neutral” fossil fuel claims primarily concern liquefied natural gas (LNG) cargoes, with two relating to oil and condensate shipments. The …