Controversy Over SBTi Approval of Allowing Carbon Credits for Scope 3 Emissions Offsetting
The organization will now allow companies to use carbon credits to offset their Scope 3 emissions, which includes their entire value chain, in their pursuit of net-zero targets.
Ericsson Sets Ambitious Climate Targets with SBTi Approval
The company has pledged to cut emissions by 90% across its value chain from 2020 levels by the end of 2040, with plans to neutralize the remaining 10% through approved carbon removal methods.