Wildlife Works ’s Post

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.”