Green, empty promises? The truth behind corporate climate pledges

Facing a reckoning over their contribution to the climate emergency, companies are coming out with a record number of pledges

For climate campaigners, 26 May seemed like the start of a long-awaited reckoning for oil and gas companies.

Over a single 24-hour period, a Dutch court ordered Shell to dramatically cut emissions, shareholders voted to force Chevron to reduce emissions from the products it sells, and a tiny activist investment firm secured three positions on ExxonMobil’s 12-member board for candidates committed to climate action.

Related: Green light: a new series on the critical role of companies in the climate crisis

If leaders truly grasped the seriousness of the crisis they would immediately pivot their entire model

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