Didn’t get to catch our own Robert Lee at S&P Global’s Carbon Management Americas Conference? We got you covered. Here are all the highlights from the “Assessing removals vs. avoidance carbon credits” panel: ⚠️ Credit quality and ‘charismatic marketability’ are not always aligned. • Some projects may legitimately deliver highly marketable co-benefits – biodiversity, ecological, social impact – yet suffer from dubious carbon claims…and vice versa. • Every claim – be it carbon, SDG or co-benefit – needs to be assessed for the credibility of that claim. 📝 Do your homework, ignore the noise.🔈 • Buyers should scrutinize and consider the merits of every project on their own. • While the media takes swipes at the industry, there are highly transformative projects delivering real impact in need of support now. • These climate critical projects won’t survive without carbon finance. 🤝 Embrace the “Yes, and” approach to climate action. • It’s now clear we’ll need every tool in the toolbox – all solutions need support. • Drop the zero-sum game mentality: solutions don’t need to compete against each other, they should complement each other. • Concrete, credible action is what matters most . 🫡 Decide & Commit… but also… Learn & Evolve. 🌱 • Companies need to make a plan, have a clear explanation of why they are choosing a path, and start taking action immediately. • Acting now will help them iterate, improve and strengthen their climate programs as they progress. ⏱️ The best time to start is now. • Companies making bold moves toward climate action will be able to take advantage of favorable market conditions, and buy-in to the best projects with the best pricing. • Those who wait, will perpetually lag behind. Want to learn more on this topic from Rob or the experts on the Catona Climate team? Let's connect.
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New research suggests that companies that participate in voluntary carbon markets (VCM) are leading across a range of measures of robust climate action, accountability, and ambition—across the board. https://lnkd.in/dH2dZ6uR #CarbonCredits #Sustainability #ClimateAction
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Couldn’t agree more with Mark Tercek The NGO and carbon credit ecosystem needs to better understand the real commitment and pace of change being driven by companies that are serious about carbon. We need to embrace this (and improve the system along the way) so we can increase the velocity toward a #SustainableTomorrow
Advisor to companies, countries, and non-profits on financial and business strategies to scale and accelerate environmental progress
I’m not surprised by this research. Companies that lead by investing in carbon credits seem to be the ones that lead by reducing emissions directly too. Time is not on our side (obviously) in addressing the climate challenge. We should encourage the private sector to both reduce emissions and also invest in carbon removal credits!
New research: Carbon credits are associated with businesses decarbonizing faster - Ecosystem Marketplace
https://www.ecosystemmarketplace.com
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New research suggests that companies that participate in voluntary carbon markets (VCM) are leading across a range of measures of robust climate action, accountability, and ambition—across the board. https://lnkd.in/eFuPZ6BP #CarbonCredits #Sustainability #ClimateAction
New research: Carbon credits are associated with businesses decarbonizing faster - Ecosystem Marketplace
https://www.ecosystemmarketplace.com
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🆕📰New Blog: 5 steps to setting a robust carbon offsetting strategy🌱 Voluntary carbon offsetting plays a crucial role in advancing corporate climate action and in safeguarding natural resources🌎🌳 Integrating #carbonoffsetting into your company’s strategic framework from the outset allows you to future-proof your climate strategy, enhance resilience and also support your Environmental, Social, and Governance (#ESG) commitments. EcoAct experts outline five key steps to setting a robust offsetting strategy for your organisation 👉🔗https://hubs.li/Q02wyg3c0 #voluntarycarbonoffsetting #voluntarycarbonmarket #offsettingstrategy #climateaction
Five steps to setting a robust carbon offsetting strategy | EcoAct
https://eco-act.com
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🤔 Confused about all the different carbon standards that exist and don’t know where to start? ⭐ Join our webinar next week, where we will present a comprehensive mapping and categorization of all the standards. 🌟 Helpful, especially for those looking to certify their company and align their operations with the goal of limiting global warming to 1.5C!
Interested in learning more about voluntary standards and initiatives for carbon management and the role they can play in helping companies reach their climate goals? Join our webinar on March 21! We’ll unpack the different types of initiatives and explore how they can help companies advance more ambitious climate change mitigation strategies. Panelists from a range of sectors and organizations will also share their first-hand experiences with such standards and initiatives. Join the conversation with our excellent speakers: Arturo Balderas, Senior Consultant on Climate Action Panagiotis Karamanos, Senior Advisor, ACI EUROPE Erika Luna, Junior Policy Analyst, IISD Elena Marro, Research Associate, European University Institute Jamie Richards, Director of ESG, amika and Eva NYC Austin Whitman, CEO, The Change Climate Project Register now: https://lnkd.in/g5hmC_ss #ClimateCrisis #ActNow #NetZero World Energy, LLC
Navigating the Landscape of Voluntary Standards and Initiatives for Carbon Management | State of Sustainability Initiatives
https://www.iisd.org/ssi
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🟢The Corporate #Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges. 🟢Companies around the world are increasingly alert to the climate emergency. They face calls from a growing range of #stakeholders to take responsibility for the impact of their activities. Most large companies now have public climate strategies and targets, many of which include pledges that appear to significantly reduce, or even eliminate, their contributions to #globalwarming. The rapid acceleration of corporate climate pledges, combined with the fragmentation of approaches, means that it is more difficult than ever to distinguish between real climate leadership and unsubstantiated greenwashing. 🟢The 2023 Corporate Climate Responsibility Monitor assesses the climate strategies of 24 major global companies, critically analysing the extent to which they demonstrate corporate climate leadership. 🟢We evaluate the integrity of climate pledges against good practice criteria to identify examples for replication, and highlight areas where improvement is needed. 🟢This is the second iteration of the Corporate Climate Responsibility Monitor, whereby the 2022 analysis revealed a number of issues with corporate climate strategies. 🟢We assess and draw insights on transparency and integrity in four main areas of corporate climate action: ⚡• Tracking and disclosure of emissions ⚡• Setting emission reduction targets ⚡• Reducing own emissions ⚡• Climate contributions and offsetting claims 🟢The 24 companies assessed in this report are major multinational companies. They comprise of the largest three global companies with bold climate pledges from eight consumer-facing and industrial sectors. They reported combined revenues of USD 3.16 trillion in 2021, approximately 10% of the total revenue from the world’s largest 500 companies. 🟢Their total self-reported GHG #emission footprint in 2019, including #upstream and #downstream emissions that may include a marginal degree of overlap, amount to approximately 2.2 GtCO2. This is equivalent to roughly 4% of global GHG emissions in 2019. Ten of the 24 companies were also assessed in the 2022 Corporate Climate Responsibility Monitor. 👇👇👇 Follow Integrated Africa Power (IAP) for more updates Carbon Market Watch @new climate institute Authors: @Thomas Day, Silke Mooldijk , Frederic Hans , Sybrig Smit , Eduardo Posada , Reena Skribbe , Santiago Woollands , Harry Fearnehough , Takeshi Kuramochi , Carsten Warnecke , @Aki Kachi, Niklas Höhne öhne
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Risk Management Advisor, Experienced Director, Audit & Risk Committee Member, CEO, CFO, CRO, NSW SES Volunteer, Presenter of One Minute Risk Manager
Excited to share the insights from InConsult's latest publication, Facing the Future: Climate and Sustainability Reporting. In Part 1 we look into the evolving landscape of climate disclosure and sustainability reporting: - Australia’s climate change journey - The imminent changes to climate change disclosure - Directors in the spotlight Stay tuned, more to come in the coming weeks... * Part 2 will take a deeper dive into the new laws and new risks. * Part 3 will provide tips for overcoming the mandatory reporting challenges. #Sustainability #ClimateReporting #FutureFocused #InConsult #SustainableBusiness #ESG #ClimateChange #CorporateResponsibility
Facing the Future: Climate and Sustainability Reporting
https://inconsult.com.au
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Carbon Project Development and Auditing | Sustainable agriculture | GHG accounting | International Carbon Standards | Nature enthusiast | Forest lover | Scientist
So much for the argument that the Voluntary Carbon Market #VCM prevents decarbonisation! Turns out, the companies that buy #offsets are also ahead in lowering their own emissions. Very valuable piece of research that will hopefully bring some of the critics to reconsider their negative propaganda against the carbon market.
More evidence that carbon offsetting is correlated with – and not an impediment to – direct decarbonisation. As study after study has shown, companies who use offsets are often (but not always) more ‘all in’ on climate action, using offsets as part of a comprehensive decarbonization strategy. The latest research released today by Ecosystem Marketplace here: https://lnkd.in/gFftUrRP and supported by no less than CDP, Conservation International, High Tide Foundation, Skoll Foundation, We Mean Business Coalition, The Nature Conservancy and others finds that: 1. Companies engaged in the VCM outperform their peers in accelerated climate action (by 1.8X) 📈 2. Voluntary carbon buyers are more likely to have science-based targets to address climate change (by 3.4X) 🎯 3. Voluntary carbon buyers' emission reductions targets are more ambitious through the inclusion of Scope 3 emissions (by 3X) 🏭 4. Voluntary carbon buyers are more likely to disclose their emissions (by 1.2X) 📢 4. Offsetting companies, while making a start, can do much more, with just 2% across all scopes currently being offset. 💗 And... despite offsets being a positive, outcomes-based and voluntary action only 8.2 percent of the total carbon buyers covered by the report are disclosing their carbon market engagement to CDP. The rock-throwers are winning, proving the adage that no good deed goes unpunished and having the perverse effect of reducing transparency, rather than increasing it. We need to turn that around and celebrate those who take action, and criticise those who don't. One marker of journalistic integrity might be to publish research that is contrary to one's worldview. So it will be interesting to see what sort of coverage this new research gets in The Guardian and Bloomberg. I can guess, but will be delighted to be proven wrong. #climatechange
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Companies buying carbon credits are far more likely to be taking robust, ambitious and accountable action to decarbonize their business and supply chains, according to new Forest Trends' Ecosystem Marketplace research. This resonates with Climate Impact Partners' FG500 research. https://lnkd.in/dwTcmudn
Study reveals how firms buying carbon credits are 'outperforming' peers on climate | GreenBiz
greenbiz.com
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Climate and Carbon Market Policy @ Conservation International | Natural Climate Solutions · Article 6 · Voluntary Carbon Market · REDD+ · Restoration
We're at a critical moment for our climate and voluntary carbon market offers a crucial pathway for companies to reduce their emissions even more RIGHT NOW. Companies purchasing voluntary #carboncredits are also leaders in #climateaction, accountability, and ambition. New Ecosystem Marketplace research shows that: – Companies engaging in the voluntary carbon market are reducing their own emissions more quickly than their peers. They are 1.8X more likely to be decarbonizing year-over-year; – The median voluntary credit buyer is investing 3X more in emission reduction efforts within their value chain; and – They are 3.4X more likely to have an approved science-based climate target Explore more findings from “All in on Climate: The Role of Carbon Credits in Corporate Climate Strategies” https://bit.ly/CB-report
All In On Climate: The Role of Carbon Credits in Corporate Climate Strategies - Forest Trends
https://www.forest-trends.org
