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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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The Voluntary Carbon Market: Unregulated and Useless? 

Impakter

Earlier this month, an investigation conducted by the Guardian, Die Zeit, and SourceMaterial found that 90% of rainforest carbon offsets sold by Verra are worthless. This has re-raised issues around voluntary carbon markets and their lack of regulation.

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Best Buy Excels at Carbon and Waste Reductions

Environment + Energy Leader

Best Buy set out in 2017 to reduce its carbon emissions in its operations by 60% by 2030 — from a 2009 baseline. The post Best Buy Excels at Carbon and Waste Reductions appeared first on Environment + Energy Leader. It has met that goal. Now it is upping the ante.

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Oportun Wins Finovate Award for Excellence in Sustainability

3BL Media

Reducing our carbon footprint by purchasing 7,240 tonnes of carbon offsets. In recognition of its responsibly designed products, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. Reducing 20,488 pounds of CO2 emissions from e-waste and recycling initiatives.

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Best Buy Excels at Carbon and Waste Reductions

Environment + Energy Leader

Best Buy set out in 2017 to reduce its carbon emissions in its operations by 60% by 2030 — from a 2009 baseline. The post Best Buy Excels at Carbon and Waste Reductions appeared first on Environment + Energy Leader. It has met that goal. Now it is upping the ante.

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

Corporate Knights

They point to Verra’s carbon credit program which came under scrutiny this year for lack of verifiability and for serving as an excuse for companies not to reduce their carbon footprint. They are not going to get paid if they bring the wrong kind of plastic,” she says. by 2025, Dewing says, especially along its Atlantic coast.

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Delivering pledges to net zero essential if Paris targets to be met, says IEMA

Envirotec Magazine

IEMA’s GHG Management Hierarchy was first published in 2009 when the risk of defaulting to offset solutions was often seen as undermining approaches to reduce carbon emissions. Good practice should continue to see carbon reduction targets addressed separately from compensation measures.