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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.
Increased use of carbonoffsets by corporates among drivers of future market expansion. Two new reports predict strong growth in the voluntary carbon market (VCM) this year as increasing numbers of companies globally set carbon neutrality and other climate goals that will rely partly on use of carbonoffsets.
Also, shifting to energy efficiency and renewable energy aligns with efforts to improve energy security and reduce poverty (IPCC, 2018). Besides, companies can contribute to fighting climate change by developing low-carbon products, services and low-carbon technologies that reduce their customers’ carbon emissions.
That’s the message that came out of the COP26 meetings in Glasgow this week from U.S. In general, proposals that raise issues with broad societal impacts will be allowed to a vote, a view consistent with SEC guidance from 1976 to 2018. Keynote Remarks by Secretary of the Treasury Janet L. Shareholder Proposals: Staff Legal Bulletin No.
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