Switzerland

Renat Heuberger has stepped down as head of the Zurich-based carbon offset provider with immediate effect. The company was recently criticised for exaggerated claims.

Heuberger will be succeeded as CEO of the company on an interim basis by John Davis, who was previously Commercial Director for Asia and the Pacific at South Pole. According to the press release on Friday, the new task would be best performed by a new senior leadership. However, Heuberger will take on a non-executive and advisory role to support the new management. ...