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In this webinar, 3Degrees and Position Green provide valuable context on the new and evolving global climate-related financial disclosure requirements, such as the European Union’s Corporate Sustainability Reporting Directive (CSRD). This webinar aims to help multinational organizations understand the implications of these reporting mandates for their businesses, with a specific focus on the emerging requirements […]
According to CDP, portfolio emissions of global financial institutions are about 700 times larger than their direct emissions. In order to make significant progress on their climate journeys, financial institutions need to understand the full scope of these financed emissions through greenhouse gas (GHG) measurement. But how do you measure the carbon impact of something […]
Recorded March 2nd, 2023 The lasting mitigation of carbon is critical for keeping emissions within the temperature goals set in the Paris Agreement. Backed by the IPCC, Science Based Target Initiative, and the United Nations’ Race to Zero Campaign, carbon removals pose a huge opportunity to meet the crucial 1.5 degrees or less global warming […]
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 […]
Earlier this month, 3Degrees had the opportunity to join other transportation industry players at Advanced Clean Transportation (ACT) Expo, a growing sustainable mobility conference with no signs of slowing down. The transportation transformation is happening right before our eyes, and it’s never felt more real than it did at ACT. Over 10,000 attendees gathered to […]
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, […]
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
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 […]
From April 2023 onward, any organization setting emission reduction targets in line with the SBTi framework must set a Forest, Land and Agriculture (FLAG) Science-Based Target to comply with SBTi’s new FLAG guidance, with special requirements for companies that have considerable emissions from FLAG activities. Companies will need to review the crucial pieces of information […]
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 […]
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 […]
