Patch

For a lot of companies, climate action starts with a climate claim — maybe you call it a target or commitment. Some claims offer a blueprint for your action year-over-year, and they give an incentive to publicize your company's progress toward sustainability. But some claims can limit your options or make you less strategic with your climate action. Sophie Graham from IFS has an interesting perspective: when she became Chief Sustainability Officer at the company, she inherited a carbon neutral target, then revised it to a near-term science-based emissions reduction target approved by #SBTi. Our own Bee Hui Yeh will chat with Sophie in an exclusive webinar March 27. They'll cover: 🎯 How to revisit, update, and refine inherited climate claims to ensure accuracy, credibility, and alignment with the latest standards 🌍 How to figure out the key inputs to claims, including carbon footprint measurement, climate scenario analysis, and preferred standard (SBTi, ISO, Climate Pledge) 💶 How to involve the office of the CFO to understand budget for offsetting residual emissions and exploring opportunities to make an even bigger impact They'll be taking questions as well, so make sure you register to save your spot! Link is in the comments 👇

Our own Lucy Hargreaves has broken down SBTi's latest draft revision of their Corporate Net-Zero Standard. Find out what it means for you 👇

"Practical and action oriented" — that's a major theme of corporate climate action in 2025.

The Sustainable Markets Initiative was founded by King Charles III to convene CEOs from around the world alongside government leaders and NGOs to catalyze private sector efforts toward a sustainable future. Pragmatic action was at the heart of this year's event — that's music to our ears at Patch. We know our long-term goals depend on what we do today. It's encouraging to see so many leaders from around the world thinking this way too.

🌱🌎 Carbon Markets + Climate Policy Insights #68🌱🌎 Here’s this week's roundup of critical developments shaping climate action and carbon markets! 📢 Puro.earth announced the appointment of Jan-Willem Bode as its new President, in addition to announcing two other senior appointments. Antti Vihavainen, Puro's current CEO and co-founder will assume the role of Vice Chairman. 🦋 Google launched an accelerator focused on startups using technology to protect, manage and restore nature.  🇪🇺 The European Commission adopted proposals for an Omnibus package to reduce red tape and increase business competitiveness, including proposed threshold changes to the Corporate Sustainability Reporting Directive (CSRD). 📢 Carbon Removal Canada hosted the second annual Carbon Removal Day in Ottawa. I spoke on a panel focused on scaling CDR in Canada. As I said on the panel, "we need to send a strong signal to project developers that if they come to Canada and they set up shop here, they're going to get the best treatment". Thanks for the coverage Carbon Pulse 🙏 Thanks for reading! (sources linked in comments) #CDR #VCM #climatepolicy #climateaction #sustainability #weeklyupdate #carboncredits #carbonremoval #carbonmarkets #corporatesustainability #voluntarycarbonmarkets

At Patch, we're always emphasizing the need to take a strategic approach in carbon markets. That sounds obvious — even trite! At some point the word "strategy" feels like it loses all meaning, but there's a reason we're constantly focused on it: WAY too many companies aren't building proactive goals or key results for their carbon programs. In some cases, this means backing into an unstrategic purchase because of claims or budgets that are imposed from outside. In some cases it means pushing back an engagement to next year (or the year after). The reality is there's a lot on sustainability teams' plates beyond carbon markets. Reducing emissions should always come first, but even that isn't always a sustainability leader's primary mandate. For CSOs reporting into legal teams, it may be regulatory compliance or reporting. For others, it could be communications or PR. This has to change. And for many companies, it is. Our clients are deeply focused on integrating sustainability into their company's value chain — from internal carbon pricing to building sustainability into cross-functional decision making and beyond. They're taking a truly strategic approach to carbon markets as well, which is where we come in. Being "strategic" is as much about choosing what to do as what not to do. Most of these teams don't have dedicated carbon experts in house (only 15% do). That's where Patch comes in. We help clients synthesize company goals with climate goals to build truly proactive strategies for accomplishing big things via carbon credits. Let us know: what are your strategic goals for carbon markets?

Excellent to see our own Lucy Hargreaves in the spotlight in the Toronto Star! She's certainly one to watch — especially here on LinkedIn where she regularly posts very insightful reads on global climate policy and carbon market trends. Take a look at the article and give Lucy a follow! https://lnkd.in/eCmDp9HH

🌱🌎 Carbon Markets + Climate Policy Insights #66🌱🌎 Here’s this week's roundup of critical developments shaping climate action and carbon markets! 👏 Climate Action Reserve announced that Robin Rix, former Chief Legal, Risk, and Governance Officer at Verra, will be its new President. Rix brings extensive experience in carbon markets and climate policy to the role, succeeding Craig Ebert who is retiring after nearly 9 years of leadership. Congratulations Robin 👏 🇺🇸 The Bipartisan Policy Center has convened a task force of VCM experts to develop policy recommendations for how the US federal government can promote fair, efficient, and transparent carbon markets. 🌐 The UNFCCC's Article 6.4 Supervisory Body held it's 15th meeting and agreed to launch an interim registry to help accelerate the implementation of the Paris Agreement Crediting Mechanism. ✈️ International Civil Aviation Organization launched "Finvest Hub", an investment platform for funding sustainable aviation fuel production facilities, clean energy infrastructure, and other aviation decarbonization initiatives. The aviation sector is hopeful this will help address the urgent need to scale up SAF production and deployment to meet increasing demand.  🧐 Carbon Pulse reported that interest in Article 6 projects increased by 30% in the last month according to data compiled by UNEP's Copenhagen Climate Centre Thanks for reading! (sources linked in comments) #CDR #VCM #climatepolicy #climateaction #sustainability #weeklyupdate #carboncredits #carbonremoval #carbonmarkets #corporatesustainability #voluntarycarbonmarkets

This is not the time to step back from the policy world — it's time to engage even more deeply. Patch is as focused as we've ever been on strengthening international connections in the public and private sector. There's no one more engaged than our own Lucy Hargreaves. Make sure you follow her account for regular updates on the global carbon market and climate policy landscape.

It was a pleasure to host so many sustainability leaders from the built environment for breakfast earlier this week. We think the UK built environment is uniquely positioned to set the global benchmark for decarbonising hard-to-abate sectors in the drive toward Net Zero 🇬🇧 🏗️. With pioneering initiatives such as the UK Net Zero Carbon Buildings Standard and the UK Green Building Council (UKGBC)'s Carbon Offsetting and Pricing Guidelines, the sector has a well-defined pathway to both significantly reduce emissions and credibly address residual emissions 📉 . A big thank you to Stephen Thompson from Arup for sharing his invaluable insights on all things sustainable design and carbon strategy 🙏 . One of the most compelling takeaways for me was the importance of integrating carbon credits into the earliest stages of building design. By embedding an effective internal carbon price (ICP) as a dedicated line item in cost planning, companies can ensure these considerations are not relegated to post-construction efforts but are instead at the forefront of decision-making. More to come on how to set a net zero-aligned ICP in the coming months cc. Dr Injy Johnstone & Lizzy Coad. If you’re involved in the UK built environment and have questions about aligning upcoming investments or new developments with the latest Net Zero guidance, don't hesitate to reach out. Thanks for coming and prompting such an insightful discussion Sam K Allen, MPH Nicola Battey 🌱 Rob Miller Anna Carolina Dowson Ariane Ephraïm Kate Sandle Katie Sampford Lea Vavrik Jamie Kelly Shraddha Nair Kyle Gray Ed Green Joe Cruttwell Miral Alaraj Marie Geneste Samira M Salasel