The world’s largest carbon trader sold worthless carbon offsets for tens of millions of euros

The world’s largest carbon trader sold worthless carbon offsets for tens of millions of euros

For years, South Pole – the world’s most influential climate consultancy – sold essentially concocted emission rights to hundreds of companies, including Gucci, Volkswagen and energy supplier Greenchoice. As a result, part of the climate achievements of many prestigious companies exist only on paper. Said carbon credits generated tens of millions of euros for South Pole. The company is in crisis: employees want the error to be acknowledged, while