Thomas Day

25 posts

Thomas Day

Thomas Day

@ThomasDay_

Climate policy, carbon market mechanisms and corporate climate responsibility @newclimateinst | Own views

Berlin Beigetreten Nisan 2015
29 Folgt69 Follower
Thomas Day retweetet
NewClimate Institute @newclimate.bsky.social
NewClimate Institute @newclimate.bsky.social@newclimateinst·
Read @SilkeMooldijk's commentary piece in @ClimateHome on the threat to companies' emissions reduction goals from the SBTi's board proposal to allow offsetting for scope 3, which would weaken already lax rules ⤵️
Climate Home News@ClimateHome

The Science Based Targets Initiative was established ten years ago to engage the private sector in combating climate change. It is the largest and most influential validator of corporate climate targets — but it needs tighter rules buff.ly/4aUrnnb

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Thomas Day
Thomas Day@ThomasDay_·
What we need is reliable governance and science-aligned development of standards. I applaud the SBTi staff for their commitment to integrity, and their pushback on the Board’s actions. dropbox.com/scl/fi/gvjkqr4…
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Thomas Day
Thomas Day@ThomasDay_·
The SBTi Board’s statement looks like an illegitimate takeover. We understanding that the SBTi Board of Trustees have taken a unilateral decision with no scientific basis, and no backing from SBTi's own technical council and standards development team.
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Thomas Day
Thomas Day@ThomasDay_·
The offsetting mechanism being forced on SBTi would completely nullify the already insufficient scope 3 commitments of most companies, reversing years of incremental progress that SBTi and its member companies have fought so hard to achieve.
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Thomas Day retweetet
NewClimate Institute @newclimate.bsky.social
NewClimate Institute @newclimate.bsky.social@newclimateinst·
It remains unclear if disruption is due to attack on Microsoft's infrastructure or an error. We have confirmed that we are not blacklisted & our website is malware free. We urgently need Microsoft to resolve this, as it could have significant implications in the lead-up to #COP28
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Thomas Day retweetet
Changing Markets Foundation
Changing Markets Foundation@ChangingMarkets·
Hey @sciencetargets - we together with 20 other NGOs - asked you for more profound reform, as suggested by the High Level Expert group report Integrity Matters that was flagged by @antonioguterres as the new standard: changingmarkets.org/wp-content/upl… 🧵
Science Based Targets initiative@sciencetargets

SBTi SCALE UP: In response to enormous demand for #sciencebasedtargets and to further strengthen standard-setting, the #SBTi is scaling up. Here are the 5 key pillars of the transformation program: 🧵 #SBTiScaleUp (1/7)

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Thomas Day
Thomas Day@ThomasDay_·
Congratulations @ChangingMarkets on this excellent analysis. Accounting approaches like insetting that distract from the grave lack of progress on methane emissions are highly unconstructive. Such approaches will delay climate action across the sector.
Changing Markets Foundation@ChangingMarkets

On the eve of @Nestle ’s #AGM, we, together with @StandMighty @CClaimsWatch, delivered a message the company can no longer ignore. It must #CutMethane and ramp up the ambition of its #climate target. #NestLies

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Thomas Day retweetet
Carsten Warnecke
Carsten Warnecke@CaWarnecke·
Companies' first line of defense is to claim that they have already applied the most stringent standards. There is obviously an urgent need to commonly define these strictest standards! #CorporateResponsibility #ClimateAction #NetZero #CCRM2023 #ClimateNeutrality
Frederic Hans@_frhans

7/ Despite the release of the @UN #HLEG recommendations and the @isostandards’ Net Zero Guidelines in 2022, the climate strategies of the 24 major corporates remain mostly inadequate in light of the tremendous global efforts required.

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Thomas Day
Thomas Day@ThomasDay_·
What do companies’ net zero targets mean? Apparently anything between 1% & 95% emission reductions! Or even - no clear commitment to anything at all - for half of the companies assessed. Is ‘Net Zero’ really the most appropriate terminology for corporate climate action?
NewClimate Institute @newclimate.bsky.social@newclimateinst

4/ Climate pledges of the 24 corporations collectively commit to reduce those companies’ emissions by just 36%, in stark contrast to what their #NetZero and #ClimateNeutrality pledges imply. Just 5 companies commit to deep decarbonisation. ⬇️

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Thomas Day retweetet
NewClimate Institute @newclimate.bsky.social
NewClimate Institute @newclimate.bsky.social@newclimateinst·
4/ Climate pledges of the 24 corporations collectively commit to reduce those companies’ emissions by just 36%, in stark contrast to what their #NetZero and #ClimateNeutrality pledges imply. Just 5 companies commit to deep decarbonisation. ⬇️
NewClimate Institute @newclimate.bsky.social tweet media
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Thomas Day
Thomas Day@ThomasDay_·
Regulators cannot simply shift the burden to voluntary initiatives to drive meaningful corporate climate action. Ambiguous net zero targets distract from the key issue that the short-term plans of many self-proclaimed climate leaders are misleading and woefully insufficient
NewClimate Institute @newclimate.bsky.social@newclimateinst

Climate pledges of major companies are misleading & go less than halfway of what is required by 2030. Our 2023 Corporate Climate Responsibility Monitor published today w/ @CarbonMrktWatch shows: companies’ #ClimateAction remains insufficient + ambiguous.🧵bit.ly/NewClimate_CCR…

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