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International Business Times
International Business Times
Science
Nick Perry, Marlowe HOOD

Corporate Climate Pledge Weakened By Carbon Offsets Move

Critics say offsets give corporations a free pass to keep polluting without cleaning-up their act (Credit: AFP)

The world's main benchmark for vetting corporate climate action has been accused by its own staff of "greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains.

The ruling by the Science-Based Targets Initiative (SBTi) was slammed as a "coup" on Thursday and has sparked a revolt by staff who want the decision reversed and the non-profit's CEO and board to resign.

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