How to call BS on corporate climate pledges
Last week was a big one for corporate climate pledges, timed to coincide with the United Nations General Assembly. AT&T said it would reach the same goal by 2035, and Morgan Stanley said the emissions from clients and projects it loans money to would reach net zero by 2050. You can’t weigh all corporate pledges on a single scale, explains John Sottong, an economist at the World Resources Institute (WRI) who helps manage its Science Based Targets Initiative, which dictates guidelines for corporate climate pledges and has certified those of nearly 1,000 companies.
