We Mean Business Coalition: Difference between revisions

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BSR / CDP / [[CERES]] / CLG Europe / [[Climate Group]] / The B Team / and the [[World Business Council for Sustainable Development]]
BSR / CDP / [[CERES]] / CLG Europe / [[Climate Group]] / The B Team / and the [[World Business Council for Sustainable Development]]
= Cop-27 Events =
The WMBC hosted 101 events at COP-27.<ref>https://www.wemeanbusinesscoalition.org/cop27-business-pavilion</ref> Sponsors included [[Bayer-Monsanto]], [[Nestle]], [[Facebook]], [[Unilever]], and [[Salesforce]], and the [[World Economic Forum]] and [[World Wildlife Fund]] were two of many notable partners.<ref>https://www.wemeanbusinesscoalition.org/cop27-sponsors-partners/</ref>
= Verra Scandal =


In February 2023, the WMBC's Deputy Director of Nature-Based Solutions wrote an article for [[Reuters]]<ref>https://www.reuters.com/business/sustainable-business/comment-carbon-market-scrutiny-must-be-call-action-improve-them-not-abandon-them-2023-02-09/</ref> minimizing the extent of greenwashing uncovered the previous month in the voluntary carbon market, specifically [[Verra]]'s avoided deforestation credits.<ref>https://www.theguardian.com/environment/2023/jan/18/revealed-forest-carbon-offsets-biggest-provider-worthless-verra-aoe</ref>  
In February 2023, the WMBC's Deputy Director of Nature-Based Solutions wrote an article for [[Reuters]]<ref>https://www.reuters.com/business/sustainable-business/comment-carbon-market-scrutiny-must-be-call-action-improve-them-not-abandon-them-2023-02-09/</ref> minimizing the extent of greenwashing uncovered the previous month in the voluntary carbon market, specifically [[Verra]]'s avoided deforestation credits.<ref>https://www.theguardian.com/environment/2023/jan/18/revealed-forest-carbon-offsets-biggest-provider-worthless-verra-aoe</ref>  

Revision as of 22:17, 24 February 2023

The We Mean Business Coalition (WMBC) is a group of seven nonprofit organizations seeking to "accelerate the inclusive transition to a global net-zero economy" by working with the world's most influential businesses. These members are:

BSR / CDP / CERES / CLG Europe / Climate Group / The B Team / and the World Business Council for Sustainable Development

Cop-27 Events

The WMBC hosted 101 events at COP-27.[1] Sponsors included Bayer-Monsanto, Nestle, Facebook, Unilever, and Salesforce, and the World Economic Forum and World Wildlife Fund were two of many notable partners.[2]

Verra Scandal

In February 2023, the WMBC's Deputy Director of Nature-Based Solutions wrote an article for Reuters[3] minimizing the extent of greenwashing uncovered the previous month in the voluntary carbon market, specifically Verra's avoided deforestation credits.[4]

The article failed to disclose that Verra was not only founded by one of the WMBC's members (Climate Group), it is also a current member of The Natural Climate Solutions Alliance (NCSA), which is convened by another Verra founder World Economic Forum along with another WMBC member, the World Business Council for Sustainable Development.

Instead, the article promoted as "the good news" the work of another NCSA member - Sylvera - and the NCSA's upcoming "buyer's guide" as a way of ensuring "due diligence" in carbon credit purchases. Major polluters belonging to the NCSA include British Petroleum, Equinor, Nestle, Shell Oil, and Weyerhaeuser.