Corporate Knights
JUNE 27, 2022
In March, Jim Hourdequin, the CEO of Lyme Timber – one of the world’s largest suppliers of carbon offsets to companies like Chevron – admitted that lax standards have allowed his forestry company to earn US$53 million over the past two years without making significant changes to business as usual.
GreenBiz
JANUARY 7, 2021
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.
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3BL Media
JULY 22, 2022
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.
3BL Media
NOVEMBER 13, 2022
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?
3BL Media
JULY 15, 2022
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.
GreenBiz
MAY 5, 2021
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.
ESG Today
MAY 15, 2023
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.
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