Greenhouse gas accounting, reporting, and target-setting: Current state of play for the financial sector For many years now investors have been requesting information on climate-related governance and risks from their investees, through means such as the CDP questionnaire. More recently, financial institutions – and their emissions, climate commitments, and performance – have started coming under […]
The EU has set its sights on carbon removal projects. Developing local carbon sequestration capacity and market trust through harmonisation and transparency is the central aim of the Proposal for Establishing a Union Certification Framework for Carbon Removals recently adopted by the European Commission (EC). This shouldn’t come as a surprise considering EC’s rollout of […]
2022 was an unprecedented year for global energy markets, with levels of volatility and uncertainty that the world had never experienced. In the past year alone, the market experienced cascading impacts from supply chain constraints, resource shortages due to the Russia-Ukraine war, as well as tariff and regulatory uncertainty. Any one of these factors would […]
From our CEO: The time is now for corporate sustainability leaders to deeply consider human impacts, and embed environmental justice into climate action to help build a more equitable low-carbon future It’s the start of another year, a time when many of us reflect on the past and envision the future we want for ourselves, […]
In many countries across Europe, demand for power purchase agreements (PPA) has remained strong due to sustainability goals and the appearance of specific countries in the market (e.g. in Eastern and Southeastern Europe). The ambitious renewable deployment targets have driven increased PPA volumes. At the same time, uncertainty is also growing in the market, particularly […]
The world’s Forest, Land and Agriculture (FLAG) sector is responsible for approximately 25% of net anthropogenic emissions globally, but it also has the potential to absorb a significant amount of existing emissions from the atmosphere. To address this gap in emissions accounting and reduction, the Science Based Target initiative (SBTi) introduced new FLAG guidance that […]
Despite the growing interest in carbon removal projects, the removals market is still nascent and many unanswered questions exist around project-level criteria, new methodologies, and scalability. In the absence of definitive and common standards, how can corporations help build a robust carbon removals market that can support net zero ambitions by 2050 or sooner? In […]
Maggie Lund, policy manager on the Carbon Markets and Corporate Carbon Strategies team explores recent trends and initiatives in the Voluntary Carbon Markets that aim to ensure quality carbon credit supply and credible corporate environmental claims. Review our findings below: Watch the video
Corporations will play an essential role in transitioning to net zero emissions no later than 2050. With the size of their environmental footprints – and their capacity to reduce them – companies will be critical in scaling the action needed to ensure a sustainable future. The United Nations High-Level Expert Group on the Net-Zero Emissions […]
Every year, the Conference of the Parties (COP), hosted by the United Nations Framework Convention on Climate Change (UNFCCC), brings together world leaders to align on policies to limit global temperature rise and mitigate the worst impacts of climate change. This year’s 27th summit took place in November in the city of Sharm El-Sheikh, Egypt, […]
At nearly every conference that we have attended this year, our teams have heard about the complexities surrounding quantifying and addressing supply chain emissions. As we know supply chain emissions account for the lion’s share of a company’s total emissions (upwards of 90% in some cases), it was satisfying to attend an entire conference devoted […]
With limited time and vast need, Europe is preparing for a rapid energy transition away from fossil fuels and toward renewable resources.
