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Many companies mislead by using accounting practices that make their environmental goals relatively meaningless or exclude parts of their businesses in their calculations, NewClimate Institute finds.

Many companies mislead by using accounting practices that make their environmental goals relatively meaningless or exclude parts of their businesses in their calculations, NewClimate Institute finds.

Many companies mislead by using accounting practices that make their environmental goals relatively meaningless or exclude parts of their businesses in their calculations, NewClimate Institute finds.

Many companies mislead by using accounting practices that make their environmental goals relatively meaningless or exclude parts of their businesses in their calculations, NewClimate Institute finds.

That’s the conclusion of a new report by the NewClimate Institute, an environmental organization that works to combat global warming. Its researchers, who...

That’s the conclusion of a new report by the NewClimate Institute, an environmental organization that works to combat global warming. Its researchers, who...

By Cathy Bussewitz | AP Business Writer NEW YORK—Many of the world’s largest companies are failing to take significant enough steps to meet their pledges to vastly reduce the impact of their greenhouse gas emissions in the decades ahead. That’s the conclusion of a new report by the NewClimate Institute,…

Many companies mislead by using accounting practices that make their environmental goals relatively meaningless or exclude parts of their businesses in their calculations, NewClimate Institute finds.

Big companies such as Walmart, Amazon and Nestle have made big promises to take climate action, including net-zero commitments. But a new report takes a closer look, and shows that some of them are misleading consumers.

Many are using accounting practices that make their environmental goals almost meaningless.