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SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates. Wyburd said that while carbon credits and removals can support the path to net zero, they must never be a substitute for internal decarbonisation.

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Pathways to Net Zero

3BL Media

As a result, our slate of emissions reduction projects are now prioritized from 2023 through 2026. The pathways shown remain the most current forecast of our route to net zero; carbon offsets and credits are still estimated to represent about one-quarter of our net-zero strategy.

Net Zero 100
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New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

SB 253 requires all businesses with revenues exceeding $1 billion operating in California to annually disclose their Scope 1 and 2 emissions, starting in 2026. Under SB 253, Scope 1 and 2 emissions will initially be subject to limited assurance from the first year of disclosure in 2026 and reasonable assurance starting in 2030.

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United Airlines Signs Agreement for up to 400 Electric “Air Taxi” Aircraft from Embraer-Backed Eve

ESG Today

First delivery of the new electric aircraft are expected as early as 2026. eVTOL aircraft use electric motors, rather than traditional combustion engines to provide carbon-free flights, and can be used to provide “air taxi” service in urban markets.

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The music industry changes its tune on climate change

Corporate Knights

Agreeing to work collectively, the pact includes a commitment from each signatory to reduce greenhouse gas emissions to net-zero by 2050 and achieve a 50% reduction by 2030. With a quantifiable number, they then built in the price of carbon offsets supporting the Medford Spring Grassland Conservation Project in Bent County, Colorado.

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What Companies Should Know About California’s New Climate Accountability Package

3BL Media

Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. In addition, offset sellers must provide disclosures on carbon offset project details and accountability measures.

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Net zero transition – the latest signals of change: July 7, 2023

We Mean Business Coalition

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 Two thirds of Brookfield’s 6.5