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Research: sustainability plans for large companies insufficient

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The plans of large companies to become more sustainable are not enough to reduce all their CO2 emissions, despite the fact that they are often presented as such. That’s what the New Climate Institute and Carbon Market Watch say in a report. It looked at the climate plans of 25 large companies, including Unilever. These companies account for 5 percent of global greenhouse gas emissions.

Nearly half of the companies surveyed, such as food manufacturer Nestlé and Brazilian meat processor JBS, have made no specific commitment to actually reduce their emissions to zero by the year they want to be carbon neutral. The other thirteen achieve an average reduction in emissions of 40 percent, the report says.

The researchers found three companies that are well on their way to working almost completely CO2-free. These are container carrier AP Møller-Maersk and telecom companies Vodafone and Deutsche Telekom.

It is easy for companies to disguise unambitious efforts with fancy words, the researchers note. “We were quite shocked by the creativity some companies are using to claim they are on their way to zero emissions and the amount of effort it takes to prove their claims are false,” said Thomas Day of New Climate Institute, a researcher. of the authors of the report.

Because there are no fixed rules for making climate promises, companies can shape them themselves. According to the researchers, the French supermarket group Carrefour does not count the emissions of its stores, where almost all emissions come from. Unilever and Nestlé do not offset their own emissions, but do support individual brands they own to do so. JBS says its production sites will run on renewable energy by 2040, but does not specify how that should be done or how much renewable energy the company is now using.

Compensating for CO2 emissions in particular is extremely misleading, according to the researchers. Two thirds of companies rely on planting forests to correct their future CO2 emissions.

In a response, Amazon, Google, JBS, Nestlé, Unilever and Carrefour state that they support their climate promises. Unilever, for example, said it “welcomes external analysis of our progress”. That company also stated that it is already working on ways to improve its approach.



Research: sustainability plans for large companies insufficient
Source link Research: sustainability plans for large companies insufficient

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