SBTi releases an official clarification to its Scope 3 statement

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Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.

SBTi made headlines last week, first by announcing plans to provide guidance to companies on offsetting their Scope 3 emissions through the purchase of carbon credits. Subsequently, turmoil ensued within the organization.