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International Business Times
International Business Times
Science
Issam AHMED

THE TRUTH ABOUT: World s biggest companies snap up likely junk carbon offsets analysis - The Untold Story

A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among brands that heavily invested in likely worthless carbon offset credits (Credit: AFP)

Globally recognized companies -- from oil and gas majors to the banking sector and tech -- are contributing to greenwashing by snapping up vast quantities of "likely junk" carbon offsets, a watchdog warned Thursday.

A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among corporations heavily investing in probably worthless credits from environmental projects meant to count towards their emissions reductions.

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