This report from the SBTi explores the business case for companies to adopt Beyond Value Chain Mitigation (BVCM) and describes the suggested steps involved in making a BVCM pledge. Published in February 2024, it also provides illustrative examples to show how companies in a range of sectors might implement BVCM in line with the suggestions provided.
Abatable’s report contains informative visuals to communicate the landscape for project developers in 2023. Published in February 2024, it predicts that the market will move at two speeds during 2024 with project developers at different stages with respect to Corsia and Article 6. It also expects project developers will start to diversify their pipelines and start to collaborate for corresponding adjustments.
The resource from the Cambridge Institute for Sustainability Leadership (CISL) highlights the importance of private finance in climate and nature solutions. Published in November 2023, it suggests that directing funding to nature-based solutions is currently more cost-effective than investing in tech-based solutions. However, it notes that financing for nature currently lags behind finance for climate.
This report, published by MSCI in November 2023, considers the impact of allowing companies to meet their science-based emission reduction targets using carbon credits. Using detailed modelling, it shows how carbon credits can help those companies who are already on track to meet their emission reduction targets. If just these companies used credits, it would rapidly scale demand.
This report from MSCI finds that companies using carbon credits decarbonise on average twice as fast as those that do not use carbon credits. Published in June 2023, this finding is based on the emissions data of 4,156 companies over five years. It revealed a statistically significant trend that companies using a material amount of carbon credits reduce emissions faster than those that do not. Companies using higher integrity credits were found to be cutting their emissions quicker than those with low integrity credits.
BeZero considers the durability of carbon removal in this report published in May 2023. Following increasing corporate interest in this topic, this report aims to explain the importance of durability and its principles. It also shares advice for navigating scientific uncertainty in an emerging space.
Does investment in carbon credits hinder decarbonization among the world’s largest companies? Published by Sylvera in May 2023, this report responds to media criticism saying that buying carbon credits is an excuse to continue business as usual. It analysed the Scope 1 and 2 emission data and carbon credit purchases of 100 of the largest businesses across different industries. It found that those purchasing credits are cutting emissions by 6.2% each year while those who aren’t are cutting only 3.4%.
This report focuses on an important group of climate stakeholders: consumers. Published by Boston Consulting Group in March 2023, it is insightful reading for businesses looking to understand their clients’ perceptions of carbon credits. This survey, based on 1,320 consumers, found that greater transparency is needed for consumers to engage with carbon credits. It found a willingness among consumers to learn more about carbon credits and to switch brands if one offered offsets and the existing one did not.
Published in February 2023, this report from The Nature Conservancy (TNC) helps carbon credit buyers conduct thorough, credible due diligence before purchase. Buyers want to be certain that the projects they buy from deliver impacts for the climate, nature and people. The TNC spoke to 24 demand-side actors to help define best practices for due diligence.
Published in February 2023, this Abatable report is aimed at investors and companies who are currently supporting projects in the voluntary carbon market. It is intended to help them in navigating emerging policy and regulatory risks.