New study shows carbon credits play key role in corporate climate strategies

Veröffentlicht 17 Oktober 2023

New research from Ecosystem Marketplace reveals that companies purchasing voluntary carbon credits are outperforming those that do not engage in the voluntary carbon market (VCM) in terms of climate action, accountability, and ambition.

Voluntary buyers, compared to non-buyers, are:

  • Reporting lower gross emissions year on year.
  • Spending three times more on decarbonization activities.
  • Three times more likely to include in their climate targets Scope 3 (or value chain) emissions, which can make up 80-90% of a company’s footprint.
  • 1.2 times more likely to have board oversight of their climate transition plans.
  • More likely to have an independent and accredited third-party entity perform a verification of their emissions data.

All In On Climate: The Role of Carbon Credits in Corporate Climate Strategies

Climate Impact Partners' fifth annual report on the climate commitments of the world’s largest companies further demonstrates how climate leadership can yield both profitability and sustainability. Companies that reduced reported emissions year over year earned on average nearly $1 billion more in profit per company than their Fortune Global 500 peers.

Commitment Issues: Markers of Real Climate Action in the Fortune Global 500

Download the full report to learn more about these markers of real climate action and the business case for climate action, plus regional and sector insights as well as CSO perspectives

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Our data indicate that corporate voluntary buyers are using science to backstop their investments into a suite of climate solutions, including project-based carbon credits.
Stephen Donofrio, Managing Director, Ecosystem Marketplace