Climate targets group trustees seek to calm governance storm

Trustees of a climate targets verification group at the centre of a governance storm on Friday sought to assuage concern over their plan to allow offsetting of companies' supply chain emissions. Among the complaints was that the board had circumvented an established governance process and made a decision to allow offsetting of so-called Scope 3 emissions without the agreement of the broader group. By allowing limited use of offsets for Scope 3 emissions, the hope is it will help drive money to climate friendly projects like afforestation.