Climate targets oversight group under scrutiny over its own governance

(The Financial Times) The independent oversight group that has become the arbiter of corporate climate action is reviewing its own governance practices, after coming under pressure as companies rush to develop net zero emission plans. The Science Based Targets initiative has fast become one of the most influential and trusted advisers on climate change to both companies and investors since being founded ahead of the Paris climate accord in 2015. But the group, made up of 52 people drawn from its partner organisations, has experienced growing pains and is dealing with a formal complaint about its governance and potential conflicts of interest from one of its original instigators, Bill Baue, an adviser on corporate responsibility.

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