Sunday, April 2, 2023
Homeesg impactThe hollow promise of net-zero carbon pledges

The hollow promise of net-zero carbon pledges

  • Countries and corporations around the globe are talking up their climate credentials, pledging to achieve "net-zero" carbon or become "carbon neutral" in the next few decades.
  • Unfortunately, there are no standard guidelines for achieving net zero or carbon neutral emissions. That means companies and countries can create their own definitions.
  • Research from the Taskforce on Scaling Voluntary Carbon Markets shows less than 5% of carbon offsets actually remove carbon dioxide from the atmosphere.


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