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Long-Term Carbon Offsets Outlook 2023

3BL Media

Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbon offset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.

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Aviation is plotting a sustainable course

GreenBiz

In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. body, set a course for airlines to offset emissions of international flights above a 2019-20 baseline.

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H&M Warns Against Use of Carbon Offsets in SBTi’s Climate Target Standard

ESG Today

The organization launched its flagship Corporate Net-Zero Standard in 2021 , used to assess and certify companies’ decarbonization commitments to achieve net zero emissions and to act as a blueprint for companies’ science-based climate target setting.

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BeZero Carbon Raises $32 Million to Expand Carbon Credit Rating Platform into New Markets

ESG Today

BeZero has customers in over 30 countries across six continents, with ratings available on more than 40 platforms, including Bloomberg, with subscribers to its platform providing ratings, data, and scientific analysis for over 480 carbon credit projects including UBS, Sumitomo, Emirates NBD, Equinor, Woodside Energy, and ERM.

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Commitment to Customers, Transparency, and Decarbonization

3BL Media

Q: As you look back on sustainability at NRG in 2022, what were some of the highlights? A: 2022 was another year of progress, made possible by collaboration and innovation both internally and externally. Three priorities guided our work. Q: What are you working on now that excites you most?

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Climate Outlook: An Encouraging Look at Corporate Action for Earth

3BL Media

DESCRIPTION: Businesses are stepping up for the planet, investing in sustainable solutions and working towards decarbonization faster than any other period. Demand for carbon offsets is at an all-time high. They are moving towards decarbonization in creative and unique ways while offsetting what can’t be mitigated.

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KKR 2021 Sustainability Report: Climate

3BL Media

4th webinar presented, focusing on what carbon offsets can – and can’t – do as part of our Climate Action webinar series. SCALING UP: OUR 2022 PRIORITIES. 3 Bloomberg New Energy Finance, as of March 2022. Set net-zero by 2050 goals at three private markets funds that are currently being raised. 1 As of December 31, 2021.