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Carbonoffsets occupy a relatively small space on the spectrum of environmental, social and governance (ESG) issues. But as more countries and companies commit to net-zero carbon emissions goals, they’re steadily gaining attention from investors as a tool to accelerate carbon reductions. Quality Control Still Has Gaps.
These efforts have helped T-Mobile earn an A- for our 2021 CDP Climate Change Disclosures , and JUST Capital once again named us the #1 company in U.S. Since 2018, we have invested $1.6M By the end of 2021, we reduced our scope 1 and 2 emissions by 97% and reduced scope 3 emissions intensity by 16% per customer!
Also, shifting to energy efficiency and renewable energy aligns with efforts to improve energy security and reduce poverty (IPCC, 2018). Moreover, according to CDP, supply chain emissions are on average 11.4 According to Dexter Galvin, Global Director of CDP Supply Chain, there are six benefits of setting a science-based target.
SBTi, a UK-registered charity, is a collaboration between the UN Global Compact and NGOs CDP, World Resources Institute and the WWF. As an example of good practice, Turner cited the CarbonOffsetting and Reduction Scheme for International Aviation (CORSIA). “It
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