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What Are Carbon Offsets and Why Do Corporations Use Them?

3BL Media

When one greatly outweighs the other, problems arise, and currently there is a big one brewing in the carbon offset market—demand has grown exponentially and supply simply cannot keep pace. What are carbon offsets and why is it so difficult to make them verifiable, impactful, and scalable? What are carbon offsets?

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Is carbon offsetting enough?

Envirotec Magazine

How carbon offsetting compares to carbon reduction. It made clear that more must be done to reduce and offset carbon emissions. In the years since 2015’s Paris Climate Accord, many industrial businesses have begun using carbon offsetting strategies to balance the emissions of their operations.

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Corporate climate watchdog document deems carbon offsets largely ineffective

Environmental News Bits

Staff at an influential corporate climate action group whose board announced a plan to allow companies to offset greenhouse gas emissions from their supply chain with carbon credits has now found such offsets are largely ineffective, a confidential preliminary draft reviewed by Reuters shows.

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ek? Solutions and Its Eco-Friendly Structures

3BL Media

Under Land Betterment’s umbrella, Land Betterment Exchange (LBX) harnesses the power of carbon offsets to encourage land remediation, pairing environmental specialists with corporate sponsors who receive verifiable, U.S.-based based carbon offset credits. Yet, Land Betterment doesn’t stop when remediation is complete.

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Sustainability compliance should not be seen as a cost

Sustainability Matters

Zembrodt acknowledged the sometimes-contentious issue of carbon offsets and emphasised they should not be used by companies to avoid actual emissions reduction in their operations. Some organisations were rightly walking away from dubious, generic offset schemes, she said. The third project is a 50 MW solar farm in Vietnam.

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Workiva and Persefoni Partner to Streamline Investor-Grade Carbon Disclosure Data

3BL Media

The Workiva and Persefoni partnership will enable users to seamlessly integrate and transfer data between the companies’ platforms, as well as allow access to carbon benchmarking and a carbon offsets marketplace. Customers trust Workiva’s open, intelligent and intuitive platform to connect data, documents and teams.

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United Airlines Invests in Battery-Maker Natron Energy With Eye Toward Further Electrifying Ground Operations

3BL Media

Launched in 2021, UAV is a first-of-its-kind sustainability-focused ventures fund that targets startups, upcoming technologies, and concepts that will complement United's goal of net zero emissions by 2050 – without relying on traditional carbon offsets such as planting trees.