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VCMI launch standard to rate company’s carbon offset claims

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A standard to assess cooperate’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on June 28 by Voluntary Carbon Markets Integrity Initiative (VCMI) aiming to bring transparency and confidence to an unregulated market.

Many companies have set net zero targets but acknowledge they will need to buy or generate carbon credits to offset emissions they are unable to remove from their operations.

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