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VCM Code of Practice Launches, with Google, Unilever and Hitachi on Board

Chris Hall

With Google, Unilever and Hitachi among those already signed up to road-test the provisional code, VCMI is hoping more businesses will take up what it calls a globally standardised benchmark when using carbon credits as part of their net zero strategies. . Market-based solutions are critical to reducing emissions.

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What is the Science-Based Targets initiative (SBTi)?

Sphera

To achieve this goal, participants agreed that GHG emissions must be halved by 2030 and fall to “net-zero”—meaning that emissions still being generated are offset by reduction of the same amount elsewhere—by 2050. 2°C reduction target, on the way to achieving science-based net zero targets by 2050. Net-zero targets.