International Edition

societe: Aramco

McKinsey Influences Carbon Credit Debate at COP28

The revelation of McKinsey & Company’s active involvement in the promotion of carbon credits at a COP28 preparatory summit highlights the stakes and controversies surrounding this practice in the context of global climate policies.

Oil giants’ partial commitment to decarbonization

At COP28, 50 oil companies, including giants such as Aramco and Adnoc, pledged to decarbonize their production operations by 2050. This commitment is limited, however, as it excludes emissions linked to the use of the products sold.