article thumbnail

Why carbon tracking and reporting is necessary to hold corporations accountable

GreenBiz

In order to get to enforcement, we need a standardized methodology for measurement of carbon reductions and zero-emission energy that uses internet of things (IoT) sensing, blockchain and artificial intelligence to verifiably track and account for all emissions. It’s important to keep in mind that not all carbon offsets are created equal.

article thumbnail

Why Land Remediation Is the Future of Carbon Offsets

3BL Media

A recent report from McKinsey & Company offered some hard evidence for what environmentalists have long known to be a mounting concern: The current carbon offset market will struggle in the next thirty years to meet the exponentially increasing demands placed on it by corporate America’s collective drive to meet their carbon pledges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

article thumbnail

AB: Are Carbon Offsets the Next ESG Investing Frontier?

3BL Media

Carbon offsets 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.

article thumbnail

What does digital art have to do with sustainability?

GreenBiz

They include information distributed across a wide network of servers. In order to maintain trust in the veracity of the data, the network needs some way to validate new information. Because every server in the network needs to accept that the new information is authentic, this feature is called a consensus mechanism.

article thumbnail

EU Parliament Proposes Ban on Green Claims Based Solely on Carbon Offsetting

ESG Today

The Commission said that the new rules were meant to address a need for reliable and verifiable information for consumers, highlighted by its recent study that found that more than half of green claims by companies in the EU were vague or misleading, and 40% were completely unsubstantiated.

article thumbnail

SCS Standards Releases Revised SCS-108 Carbon Neutral Standard for Public Review

3BL Media

The Standard was first introduced in 2022 to establish certification requirements for entities, buildings, products and services to achieve carbon neutral status. For more information, visit www.SCSstandards.org. updates to the standard until February 07, 2025. Media Contact Victoria Norman Executive Director Send an email