A new report from InfluenceMap accuses a variety of major companies of boasting about climate commitments while opposing regulations behind the scenes. Veuer’s Matt Hoffman has the details.
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00:00Just because a company says they're fighting climate change, doesn't mean you can believe them.
00:04A new report from the research group InfluenceMap examined almost 300 companies from the Forbes 2000
00:09and accuses 58% of them of net-zero greenwash.
00:14By this, InfluenceMap means that these companies publicly tout their commitment to ending net greenhouse gas emissions,
00:19while at the same time lobbying against policies that could help achieve that goal on a large scale.
00:24One company singled out as a particularly egregious offender was Chevron,
00:28which The Guardian reports has extensively lobbied the American government against climate-friendly legislation,
00:33despite InfluenceMap's finding that it included green claims in almost half its public statements.
00:38Other companies listed included Delta Air Lines, Duke Energy, and ExxonMobil.
00:42InfluenceMap relied on so-called Integrity Matters guidelines
00:46from the UN's High-Level Expert Group on Net-Zero Commitments.
00:49The report includes a statement from that group's chair, Catherine McKenna, who says,
00:53Not only are many companies choosing to undermine their own climate commitments by lobbying against climate action,
00:58their net-zero commitments are simply not credible.