Are businesses using #carboncredits as a license to pollute? Instead of speculating or going off of anecdotal cases, let’s look at what the data says: New comprehensive research from Ecosystem Marketplace shows that: 🌱 Companies engaging in the voluntary carbon market are reducing their own emissions more quickly than their peers. They are 1.8X more likely to be decarbonizing year-over-year. 🌱 The median voluntary credit buyer is investing 3X more in emission reduction efforts within their value chain 🌱 They are 3.4X more likely to have an approved science-based climate target. This report builds upon a growing body of research, including recent reports from Sylvera and Trove Research, all demonstrating that companies engaged in the voluntary carbon market outperform their peers in taking #climateaction. As Dr. M. Sanjayan, CEO of Conservation International put it,“We are in a race against time, and the global scientific consensus is clear: we must invest in nature to combat climate change. Each and every one of us, from individuals to governments and the corporate sector, must play a role. Carbon credits offer an immediate way for businesses to reduce global emissions right now, and today’s report reaffirms what we’ve long known: carbon credit buyers tend to be leaders in taking climate action. Those criticizing them or lagging on the sidelines should take note.”
NEW REPORT: Our latest research shows that businesses purchasing voluntary #carboncredits are more likely to report lower gross emissions year-on-year, & invest more in emissions reductions, than companies not engaged in carbon markets. Explore the report findings here: https://bit.ly/Report-CB Voluntary buyers are also: - 1.8X more likely to be decarbonizing year-over-year - 3X more likely than non-buyers to include Scope 3 emissions in their climate targets - 1.2X more likely to have board oversight of their climate transition plans Conservation International, High Tide Foundation, Skoll Foundation, VCMI, We Mean Business Coalition Stephen Donofrio Charlotte Barber Kate Brandaw Ellis Alexander Procton Ciro Calderón Laura Weatherer