We Mean Business Coalition: Difference between revisions
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The We Mean Business Coalition (WMBC) is a group of seven nonprofit organizations: | 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: | ||
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]] | ||
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> | |||
The article failed to disclose that Verra was not only incubated 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 the [[World Economic Forum]] along with another WMBC member, the World Business Council for Sustainable Development. | The article failed to disclose that Verra was not only incubated 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 the [[World Economic Forum]] along with another WMBC member, the World Business Council for Sustainable Development. | ||
Instead, it 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]]. | Instead, it 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]]. | ||
Revision as of 18:09, 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:
BSR / CDP / CERES / CLG Europe / Climate Group / The B Team / and the World Business Council for Sustainable Development
In February 2023, the WMBC's Deputy Director of Nature-Based Solutions wrote an article for Reuters[1] minimizing the extent of greenwashing uncovered the previous month in the voluntary carbon market, specifically Verra's avoided deforestation credits.[2]
The article failed to disclose that Verra was not only incubated 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 the World Economic Forum along with another WMBC member, the World Business Council for Sustainable Development.
Instead, it 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.