Tech groups including Meta and Amazon will be able to claim gas-fuelled data centres are fully covered by their clean energy investments, after heavy pressure by lobby groups on top corporate climate watchdogs.
The Science Based Targets initiative has decided to drop proposed rules that would have made it harder for a data centre group, running mostly on fossil fuels, to claim its energy needs were entirely met by renewable power to reach its climate goals, four people familiar with the decision told the FT.
Companies argued that the proposal was too onerous and could backfire by discouraging clean energy investments, the people said, despite research showing that such a policy could slash emissions.