Telstra ditches carbon offset scheme for direct action

Original article by Cameron England
The Australian – Page: 13 & 16 : 14-Jun-24

Telstra is to abandon the federal government’s Climate Active carbon neutral labelling program in favour of direct action to cut emissions. The program sees companies, products, buildings and events paying an annual fee to call themselves carbon neutral with government support, although it was attacked by a Senate committee in April over claims it was being used to "greenwash" large companies by enabling them to claim carbon neutrality, with the Australian Competition and Consumer Commission refusing to endorse the program’s claims. Telstra says the telco’s decision to no longer be part of the program was not related to concerns about the program or carbon credits in general, but that its stakeholders had indicated they preferred a direct approach to emissions reduction.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

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