The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies' climate pledges. The objectives of the Corporate Climate Responsibility Monitor are:
Identify and highlight good practice approaches that can be replicated by other companies, recognising that companies are experimenting to work out what is constructive and credible practice.
Reveal the extent to which major companies' climate leadership claims have integrity, and provide a structured methodology for others to replicate such an evaluation.
Scrutinise the credibility of companies' plans for offsetting their emissions through carbon dioxide removals or emission reduction credits, recognising that voluntary carbon markets are highly fragmented and there remains a lot of uncertainty on credible good practice.
The Corporate Climate Responsibility Monitor focuses on four main areas of corporate climate action: tracking and disclosure of emissions, setting emission reduction targets , reducing own emissions and taking responsibility for unabated emissions through climate contributions or offsetting. Finally, it evaluatates 25 major global companies' transparency and integrety across these four areas.
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