The World Business Council for Sustainable Development (WBCSD) has launched new criteria to ensure its members align to science-based and net-zero targets to reduce emissions by 2050. The 200 current businesses members of the WBCSD, which include some of the world’s largest emitters like Shell, BP and Volkswagen, were able to join as part of an “open membership”, accepted on plans to improve on sustainability, rather than historic action. Existing and potential new members will now have to comply with the criteria, which also includes reporting in line with the Task Force on Climate-related Financial Disclosures (TCFD). Additionally, businesses will need to declare support for the UN Guiding Principles on Business and Human Rights and support inclusion, equality and diversity and to eliminate discrimination.

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