SBTi CEO steps down amidst credits controversy

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LONDON – The CEO of the Science-Based Targets initiative (SBTi), who has been at the heart of controversial proposals to expand the use of carbon credits to offset CO2 emissions, has stepped down for “personal reasons”.

Luiz Amaral will stand down at the end of this month to be replaced on an interim basis by the organisation’s current chief legal officer Susan Jenny Ehr, confirmed an SBTi statement.

LONDON – The CEO of the Science-Based Targets initiative (SBTi), who has been at the heart of controversial proposals to expand the use of carbon credits to offset CO2 emissions, has stepped down for “personal reasons”.

Luiz Amaral will stand down at the end of this month to be replaced on an interim basis by the organisation’s current chief legal officer Susan Jenny Ehr, confirmed an SBTi statement.

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