Avoided deforestation credits represent a reality that doesn’t exist. Removing them from net-zero strategies, while still funding them under a different scheme, can avoid this problem.
Thoughts about what developments like the London Stock Exchange Group’s launch of a new exchange offering for carbon credits portend for the path ahead.
The Science Based Targets initiative has provided pivotal guidance for companies to decarbonize but must embrace alternative solutions, such as the Voluntary Carbon Market, to accelerate climate impact.
Sponsored: Just how much carbon offsetting is simply greenwashing? As a sustainability director, I have become versed in what it means for a company to manage its environmental impact.
Companies are stepping up to establish science-aligned net zero commitments. Yet it is increasingly clear that to fully meet the moment of the climate crisis, companies must look beyond their ‘four walls’ to ensure that they are maximizing contributions to our ultimate goal: global net zero.