Carbon offsets

Renewable energy carbon credits excluded from market integrity scheme

The second most popular type of carbon offsets have rapidly declined in both volume and value.

Melodie Michel

06 August 2024

Carbon offsets

SBTi releases ‘mixed findings’ on carbon credit effectiveness in climate targets

"The SBTi believes that direct decarbonisation must remain the priority for corporate climate action."

Melodie Michel

30 July 2024

Carbon offsets

VCMI to launch consultation on use of carbon credits for Scope 3

Standard-setters’ exploration of Scope 3 decarbonisation flexibility has rekindled the debate around the corporate use of carbon offsets.

Melodie Michel

23 July 2024

Climate Targets

BrewDog and Asda revisit climate pledges

Recent months have brought a trend of dropped commitments, extended deadlines and sustainability strategy reshuffles.

Melodie Michel

22 July 2024

Carbon offsets

Telstra moves away from carbon offsets to redirect investment in reduction

The decision was driven by increased scrutiny and changing consumer expectations, says CSO Justine Rowe.

Melodie Michel

18 June 2024

CSO Futures Weekly

CSO Futures Weekly: The true power of transition planning

Transition plans for transformation, H&M's carbon offset concerns and a raft of sustainability appointments.

Melodie Michel

06 June 2024

Policy & Standards

H&M Head of Sustainability ‘concerned’ about expanding carbon offset use within SBTi

“The decision weakens corporate climate pledges and makes real decarbonisation efforts within value chains less attractive.”

Melodie Michel

03 June 2024

Carbon market

Voluntary carbon market value down 61% as firms become wary of carbon offsets

This is the second consecutive year of contraction for the VCM, after a peak of nearly US$2 billion in 2021.

Melodie Michel

31 May 2024

CSO Futures Weekly

CSO Futures Weekly: ExxonMobil AGM deals a blow to activist investors

Sustainability proposals fail at Exxon, Vodafone's first transition plan and a big week for carbon removals...

Melodie Michel

30 May 2024

Policy & Standards

US government releases carbon offsetting principles, hopes to boost voluntary carbon market

The principles draw from other carbon market integrity guidelines from the ICVCM and VCMI.

Melodie Michel

28 May 2024