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World’s largest companies are buying ‘largely worthless’ carbon credits from the rainforest

Corporate Knights

Revelations that almost 95% of the “avoided deforestation” carbon credits issued by the world’s largest certifier have zero climate mitigation value, have sparked calls for rigour, transparency, and accountability in the carbon credit process.

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Aflac 2021 Business & Sustainability Report: Environment and Climate Risk Management

3BL Media

In 2020, Aflac achieved carbon neutrality in its Scopes 1 and 2 greenhouse gas emissions by reducing emissions and purchasing renewable energy credits and carbon offsets. In addition, Aflac set the following climate goals: Reduce absolute Scope 1 and 2 emissions 75% by 2030 from a 2007 baseline. In 2020, Aflac U.S.

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20 C-suite sustainability champions for 2021

GreenBiz

Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbon offsets. Since 2007, Cisco has reduced its GHG emissions by 55 percent since 2007.

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DHL Is Investing $7.5 Billion to Ensure Climate Goals Are Met

Environment + Energy Leader

When DHL first set its GoGreen target in 2007-2008, the goal was to become 30% more efficient by 2020. But it blew past that threshold in 2016, prompting the company to set even more ambitious targets — to reduce all transport-related emissions to zero by 2050. . The post DHL Is Investing $7.5

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DHL Is Investing $7.5 Billion to Ensure Climate Goals Are Met

Environment + Energy Leader

When DHL first set its GoGreen target in 2007-2008, the goal was to become 30% more efficient by 2020. But it blew past that threshold in 2016, prompting the company to set even more ambitious targets — to reduce all transport-related emissions to zero by 2050. . The post DHL Is Investing $7.5

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Is the burgeoning 'plastic credits' market a new wave of greenwashing?

Corporate Knights

“The plastic crisis is too large and imminent to be solved by a single solution or mechanism,” and credits are only part of the problem, according to Verra , a nonprofit that started in 2007 by creating verification systems for carbon credits, and more recently branched into verifying plastic credits.

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How U.S. Businesses Can Compete with China in Emerging Markets: Transitioning from a ‘Death Economy’ to a ‘Life Economy’

James Militzer

As the country experienced increasing social benefits from its embrace of what it refers to as “a free market economy with socialist aspects,” it began to take steps to amplify those benefits by also protecting and enhancing natural capital — a strategy that started in 2007, and has since become firmly embedded in Chinese society.