Many global brands have been exaggerating their efforts to cut greenhouse gas emissions and are failing to deliver on their climate pledges, a new report concludes, calling on governments to enforce stricter regulations to prevent corporate greenwashing.
Two European environmental think tanks, NewClimate Institute and Carbon Market Watch, examined 24 multinationals that endorsed the Paris agreement target of capping global warming at 1.5 degrees Celsius and cutting greenhouse gas emissions by 45 percent by 2030. Few have met their pledges.
