The company says it will offset more than 100% of its Scope 1, 2 and 3 emissions in 2022 and then do so every year moving forward. To do so, Bain & Company is following a carbon footprint calculation process, which will be run by an external partner and verified outside the company with the […]
Salesforce has unveiled a global collaborative effort aimed at driving consistent standards around high-quality blue carbon projects and credits. As investments in the blue carbon market grow, we must ensure that projects truly safeguard biodiversity, protect coastal and marine ecosystems, and ultimately improve the livelihoods of people in local communities,” says Whitney Johnston, director of […]
As a result, the shipping sector emits about 1,000 million tons of CO2 per year, equating to 13% of the greenhouse gas emissions from global transport. The International Maritime Organization has already committed the shipping sector to cut its greenhouse gas emissions in half by 2050, from a 2008 baseline. The vessels, built by Hyundai […]
Expected to launch in 2022, ACX will be established as a Recognized Investment Exchange and regulated by ADGM. All digital tokens will be custodized by the RCH, settled and cleared using the RCH’s blockchain smart contracts providing efficient settlement for all spot transactions. It is intended that the RCH, once established and operating within ADGM, will […]
CME Group, a marketplace for trading futures, options, and more, recently announced it will launch CBL Core Global Emissions Offset futures on March 7, 2022, pending all relevant regulatory reviews. The pool of offset credits that underpin the CBL GEO, N-GEO and C-GEO contracts is deep, with approximately 230 million offsets available across these three different segments, […]
The car manufacturer will expand its sourcing of low-carbon steel from two suppliers, Salzgitter AG and H2 Green Steel. Salzgitter AG will also increase the use of recycled steel for BMW, such as taking steel scraps from car production and using the materials to make new steel. Using the secondary steel also requires significantly less […]
Carbon offsets are one strategy in a larger decarbonization plan. This provides assurances that the environmental benefits purchased by an end-user of a carbon offset contributed to the reduction of GHG emissions that would not have occurred without that financing. Projects that are issued offset allowances to trade on the voluntary market have to meet […]
“There’s renewed commitment from companies and organizations to run their business and operations in more sustainable ways,” says Deisy Verdinez, Communications Director with the U.S. While there are a plethora of sustainable building certifications in the market, the USGBC Leadership in Energy and Environmental Design program continues to be the world’s most widely used, with […]
“Many people feel unsure of the environmental language used by companies and governments,” says Daisy Powell-Chandler, a director at Public First. As I discussed in an article about the sustainability-minded customer, there is a new era of sustainability unfolding where consumers’ attitudes and values are shaping their lifestyle choices and purchase decisions. According to the […]
There is a critical emphasis on addressing the impact of climate change, severe weather, and grid volatility—all of which have a costly impact to business and society. Distributed energy resources, microgrids and renewables are becoming more and more prevalent as we move towards resiliency and carbon neutrality while the economics become even more compelling. What […]