BrewDog and Asda revisit climate pledges
Recent months have brought a trend of dropped commitments, extended deadlines and sustainability strategy reshuffles.
UK supermarket chain Asda is reviewing its 2040 net zero target – which was just recently approved by the SBTi – in light of business growth, while BrewDog is stepping away from carbon offsetting and relinquishing its ‘carbon-negative- status.
The number of companies pledging to dramatically reduce their own and their supply chains’ emissions is rising at a record pace as regulations and the urgency of climate change force the corporate world to take action. But another trend has emerged in recent months: firms either dropping their commitments to seek SBTi approval for their targets, extending the timeframe to meet them, or reshuffling their strategy entirely.
