Whistleblower Allegations Shake Foundations of SBTi

A former employee of the Science-Based Targets initiative (SBTi) has filed a complaint with Britain's Charity Commission accusing the non-profit of acting against its mission by exploring the use of carbon credits. The complaint alleges breaches of governance and conflicts of interest within the board.

A former employee of the Science-Based Targets initiative (SBTi) has lodged a complaint with Britain's charity regulator, alleging the non-profit has deviated from its mission.

The complaint, reviewed by Reuters, claims the SBTi's board of trustees acted recklessly by announcing in April the potential use of carbon credits, a move they argue discourages companies from cutting their own emissions. Despite initial rejection, the board's shift to explore the option led to internal backlash, ultimately resulting in the resignation of CEO Luiz Amaral.

The complainant, who sought anonymity due to fear of retribution, alleges persistent breaches of company rules and ignored expert advice by the trustees. The complaint also highlights potential conflicts of interest, noting several trustees' ties to the carbon offset industry and funding from the Bezos Earth Fund.

SBTi, refraining from commenting before their own review, reaffirmed its current stance against offsets. Charity Commission officials did not respond for comments, while experts like Holger Hoffman-Riem endorse the need for an investigation.