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Is Carbon Offsetting Worth It?

3BL Media

DESCRIPTION: Significant price spikes in the energy attribute certificate (EAC) and carbon offset markets have many companies are wondering whether environmental commodities are the right way to reach their goals, asking: is carbon offsetting worth it? Is carbon offsetting worth it?

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ESG Today: Week in Review

ESG Today

This week in ESG news: Deloitte study finds over 70% of companies have abandoned M&A deals over ESG concerns; CDP launches new sustainability reporting platform; EU regulators call for action on greenwashing in financial sector; H&M warns against use of carbon credits in corporate net zero plans; Climeworks unveils carbon removal tech breakthrough; (..)

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Sustainability trends 2023

Carlos Sanchez

In 2022, the voice against “greenwashing” practices was clear and loud. Moreover, companies will use voluntary frameworks and surveys such as GRI, SASB, CDP, UNGC, and Ecovadis to answer requests from customers, investors and other stakeholders. 2022 Sustainability Summary. Sustainability trends 2023: Net-Zero roadmaps.

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4 ESG trends to watch in 2022

Carlos Sanchez

Two events will increase corporate Net-zero programs credibility and separate climate action from pure greenwashing: The launch of the first science-based Net-Zero standard by SBTi. Besides, companies will have to limit the carbon offsetting to a max of 10% of the firm’s emissions. 2 – Carbon Offset Markets price Hike.

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What Net-Zero companies are and How to start the journey

Carlos Sanchez

Moreover, according to CDP, supply chain emissions are on average 11.4 Businesses must close the ‘Say : Do’ gap; the greenwashing space between their environmental pledges and (lack of) actions to meet them Paul Polman, former Unilever CEO. Besides, it could use sustainability reporting platforms such as CDP.

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Listen to the Science

Chris Hall

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 Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). “It Divided opinion Last year was a challenging one for the VCMs.

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Keeping on the Straight and Narrow

Chris Hall

Only 1% of over 13,000 corporates across 13 industries and 117 countries disclosed against 24 key climate transition plan indicators, according to a 2021 report by sustainability disclosure platform CDP. Eighty-four percent responded to less than 80% of those indicators. . Throwing down the gauntlet .