Oil majors abandon Net-Zero Standards, exposing cracks in global climate accountability - Africa Sustainability Matters
Summary by Africa Sustainability Matters
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Oil majors abandon Net-Zero Standards, exposing cracks in global climate accountability - Africa Sustainability Matters
Global oil majors have quietly withdrawn from a landmark initiative to define what “net zero” really means for the fossil fuel industry, casting fresh doubt over the sincerity of corporate climate pledges and reigniting tensions between science-based targets and commercial interests. Shell, Norway’s Aker BP, and Canada’s Enbridge have exited the expert advisory group of the Science-Based Targets initiative (SBTi), effectively dismantling a six-y…
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