110 results found

COP29: Decarbonisation beyond the value chain: navigating between carbon credits and climate contributions
Venue Side event room 4, COP29
Date 12 Nov 2024
Start time 16:45

This side event discussed the "climate contribution" model, what this model entails, the requirements for companies to engage in it, as well as how it can support climate action that goes beyond carbon crediting alone.

The promise of voluntary carbon markets unlocking finance for the Global South may be a myth
Publication date 30 Oct 2024

Carbon offsetting creates false expectations for the Global South, as it may not provide the climate and financial benefits it claims. Instead, it enables companies to continue polluting by paying to "offset" their emissions, leaving the Global South to bear the brunt of delayed climate action. A more promising approach to channelling funds to the Global South could focus on directly addressing scope 3 emissions in supply chains. Dubbed as the "finance COP,” the upcoming UN climate summit in Azerbaijan will centre on raising climate finance. Developed countries are expected to reach a new...

CBAM Vulnerability Monitor (CBAM-VM)

The CBAM Vulnerability Monitor (CBAM-VM) is an Excel-based tool designed to evaluate the relative vulnerability of countries or regions to the European Union’s Carbon Border Adjustment Mechanism (CBAM).

The role of environmental attribute certificates for corporate climate strategies
Publication date 21 Oct 2024

This paper provides an overview of potential commodity EACs and describe the relevant nuances and challenges to shed light on the approach.

Briefing: 24/7 renewable electricity matching is a far more credible approach for the GHG Protocol and the SBTi than the Emissions First Partnership proposal
Publication date 10 Oct 2024

This page is a Q&A briefing on the importance of 24/7 renewable electricity matching and the technical issues of the competing Emissions First Partnership proposals.

Navigating regenerative agriculture in corporate climate strategies
Publication date 26 Sep 2024

This report takes a deeper look at regenerative agriculture use by 30 multinational food and agriculture companies, especially with regards to its role in reaching corporate GHG emission reduction targets.

Net Zero Stocktake 2024
Publication date 23 Sep 2024

Assessing the status and trends of net zero target setting across countries, sub-national governments and companies.

From offsetting push to new NDCs: What to watch out for at Climate Week NYC 2024
Publication date 16 Sep 2024

With this summer marking the hottest on record and following a year where the global annual temperature exceeded 1.5˚C, the urgency for accelerated and more effective climate action has never been clearer. As we approach COP29 in Baku, Azerbaijan, critical discussions around the most pressing climate topics – from climate finance, corporate accountability in climate action to national climate targets for 2035 – are laying the groundwork for the UN’s main climate conference. As the countdown to COP29 continues, Climate Week NYC, the largest annual climate event of its kind, will take place from...

VCMI’s revised Scope 3 proposal could distract from and delay immediate climate action, undermining front-runners' efforts
Publication date 02 Sep 2024

Amid growing controversy over potentially loosening rules for offsetting corporate emissions, the Voluntary Carbon Markets Integrity initiative (VCMI) has released a second proposal for its contentious Scope 3 Claim.

SBTi’s plans for its net zero standard revision may offer a promising way past the disruptive offsetting dispute
Publication date 30 Jul 2024

Following months of polarised wrangling over the potential role of offsetting to meet corporate climate targets, the SBTi has published two papers which shed light on the future trajectory of the initiative’s standards.

Joint Statement: Why carbon offsetting undermines climate targets
Publication date 02 Jul 2024

We call for scientific, ambitious, equitable, robust, credible and transparent rules around carbon accounting and corporate climate target setting. Voluntary and regulatory frameworks on climate transition planning must exclude offsetting.

'Greenhushing': An emerging trend or sign of less greenwashing?
Publication date 15 May 2024

The term 'greenhushing' has recently emerged in discussions around corporate climate action, but is it an actual trend? In this blogpost, we dive deeper on the issue.

Workshop for journalists: How to report on corporate net zero targets: telling greenwashing apart from real ambition
Venue International Journalism Festival / online
Date 20 Apr 2024
Start time 11:00

During this workshop Sören Amelang and Sybrig Smit (NewClimate Institute) presented their 7-step guide for journalists to unravel a net zero target. The workshop reflected on lessons learned, with practical tips that reporters can use immediately to unpick a net zero target.

The SBTi Board’s statement on carbon credits is not grounded in science or due process
Publication date 11 Apr 2024

NewClimate Institute applauds the brave reaction from the staff of the Science Based Targets initiative, who today issued a strong statement rejecting their Board’s unilateral statement on the use of carbon credits.

Virtual Launch: CCRM 2024​ - Are corporate 2030 climate plans fit for purpose?
Venue Online
Date 09 Apr 2024
Start time 15:00

Join us and Carbon Market Watch on Tuesday, 9 April at 3 pm CEST for the virtual launch of the 2024 Corporate Climate Responsibility Monitor (CCRM).

Corporate Climate Responsibility Monitor 2024
Publication date 09 Apr 2024

The 2024 CCRM analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership.

Press Release – Corporate Climate Responsibility Monitor 2024
Publication date 09 Apr 2024

Despite increased ambition in their climate target-setting, 51 of the world’s largest companies commit to reducing their emissions by only 30% on average by 2030, falling short of the 43% reduction required to limit global warming to 1.5°C, according to a report released today by NewClimate Institute in collaboration with Carbon Market Watch.

Press release - Leading examples of corporate renewable electricity strategies are leaving laggards and standard-setters in the dust
Publication date 16 Jan 2024

The renewable electricity commitments of 10 major companies in the fashion and tech industries vary widely in terms of ambition and credibility. Standard-setting initiatives provide very limited incentives and sometimes even barriers to companies striving for more impactful renewable electricity strategies.

Navigating the nuances of corporate renewable electricity procurement: Spotlight on fashion and tech
Publication date 16 Jan 2024

The renewable electricity commitments of 10 major companies in the fashion and tech industries vary widely in terms of ambition and credibility. Standard-setting initiative provide very limited incentives and sometimes barriers to companies striving for more impactful renewable electricity strategies.

VCMI’s scope 3 flexibility claim could turn back the corporate ambition dial to business-as-usual
Publication date 08 Dec 2023

The VCMI has released its integrity guidelines for corporate use of carbon credits. In some regards, the concept of VCMI’s Silver, Gold and Platinum claims set out a transparent and constructive approach. But the Scope 3 Flexibility Claim will be the most relevant part of the claims package for the next decade.

COP28 needs to switch mode from finding the smallest common denominator to achieving what was before unimaginable
Publication date 22 Nov 2023

The 28th Conference of Parties of the UNFCCC (COP) takes place from 30 November - 12 December 2023, at the end of another year of record-high temperatures and climate change impacts, which are rapidly increasing in frequency and intensity, causing loss of livelihoods around the globe, and particularly in vulnerable developing countries. We hear more and more voices saying that “we will not make it” and “we are doomed”. However, the past decades have shown that positive change can happen faster than expected and that we have all the tools to protect this planet and its inhabitants. COP28 has a...

NewClimate Institute at COP28
Publication date 22 Nov 2023

The 28th Conference of Parties of the UNFCCC takes place from 30 November - 12 December 2023. NewClimate Institute will be present in Dubai participating in multiple events and releasing new analyses.

The corporate climate accountability loop
Publication date 20 Sep 2023

This paper introduces seven key functions of an accountability system for corporate climate action. We further provide selected observations on how to improve the accountability system’s status quo.

Reaction: Samsung Electronics’ joining RE100 and committing to net zero by 2050
Publication date 14 Sep 2023

This memo contains a Q&A reaction with the authors of the Corporate Climate Responsibility Monitor (CCRM), on the extent to which Samsung’ 2023 Sustainability Report released on 30th June represent an improvement on its climate strategy.

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