ESG Today

NOVEMBER 19, 2024

In return, the companies will receive carbon offset credits for the emissions generated by employees’ business travel. These certificates will be utilized by the companies to supply sustainable aviation fuel (SAF) to Alaska Airlines passenger flights. Watershed is an aggregator partner of SABA.

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3BL Media

SEPTEMBER 12, 2024

As a result, to meet the goals of the Paris Agreement, the aviation sector will need to rely on carbon offsets and removals to neutralize residual emissions. American also partners with Cool Effect, a leading nonprofit provider of carbon offsets, to give our customers the opportunity to purchase offsets.

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Carbon Offsets Waste Net Zero Paris Agreement 162

Envirotec Magazine

JUNE 13, 2024

While almost a third of those questioned (33%) believed carbon offsetting is a viable strategy for achieving net-zero emissions, just 37% have employed it as a strategy to reduce their businesses’ environmental impact. The survey gathered data from 1,498 professionals from across the environmental services industry from April-May 2024.

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Carbon Offsets Net Zero Greenwashing Climate Change 59

Sustainability Matters

MARCH 23, 2025

In 2024 we identified $6.7 Zembrodt acknowledged the sometimes-contentious issue of carbon offsets and emphasised they should not be used by companies to avoid actual emissions reduction in their operations. Some organisations were rightly walking away from dubious, generic offset schemes, she said.

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3BL Media

SEPTEMBER 30, 2024

September 30, 2024 /3BL/ - SCS Global Services (SCS), an international leader in third-party environmental and sustainability certification, has been approved as a verification body for offset projects under the state of Washington’s Cap-and-Invest Program. EMERYVILLE, Calif.,

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Carbon Offsets Manufacturing Development 173

Corporate Knights

APRIL 30, 2024

This mismanagement has seeped into government-backed carbon credit programs, which have resulted in community evictions and protests. This story is part of our Spring 2024 issue. S hilpa Tiwari is CEO of No Women No Spice, an organic spice company, and Isenzo Group, a sustainability strategy firm.

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Green Bonds Climate Change Development Carbon Offsets 306

ESG Today

JUNE 6, 2023

Australia-based carbon markets investor Carbon Growth Partners (CGP) announced today that it is planning to raise US$200 million for its re-opened Carbon Growth Fund to invest in global carbon credits and carbon offset projects.

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Carbon Offsets Net Zero Development 97

ESG Today

JUNE 26, 2024

The surcharge applies to all flights sold and operated by the Lufthansa Group departing from the 27 EU countries as well as the UK, Norway and Switzerland from January 1, 2025 and booked from June 26, 2024. The surcharge amount is between €1 and €72 depending on the flight route and fare.

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Carbon Offsets 120

Corporate Knights

JULY 25, 2023

Those guidelines are due to be released in 2024. Now, it’s being taken up by a multilateral panel that is expected to report in 2024 if all goes well. Carbon Capture Backed by Carbon Offsets? In 2020, a blistering analysis showed Canada leading the G20 countries in per capita public financing to oil and gas.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

3BL Media

NOVEMBER 27, 2023

AB 1305: Voluntary Carbon Market Disclosures Business Regulation Act For its part, AB 1305 will impose new disclosure requirements on companies - public and private, of all sizes - that make net-zero GHG emissions, GHG emissions neutrality, or similar claims.

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Carbon Offsets Net Zero Climate Change Decarbonize 147

3BL Media

AUGUST 29, 2022

In late 2021, we finalized a new SAF offtake agreement with Aemetis, an advanced renewable fuels and biochemicals company, to take delivery of 16 million gallons of Aemetis SAF annually over a seven-year period beginning in 2024. The SAF will be produced at the Aemetis Carbon Zero plant under development in Riverbank, California.

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ESG Today

DECEMBER 9, 2022

While airlines in the EU are currently provided with free allowances to avoid paying for carbon emissions, the new deal, applying to intra-European flights, as well as flights departing flights to the UK and Switzerland, will phase out these allowances between 2024 and 2026, with allowances becoming fully auctioned in 2026.

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Paris Agreement Carbon Offsets Climate Change Waste 133

ESG Today

AUGUST 1, 2024

JetBlue and fuel provider World Fuel Services announced a new supply agreement for up to 5 million gallons of sustainable aviation fuel (SAF) for use at New York’s JFK airport, with deliveries beginning as early as the fourth quarter of 2024.

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Carbon Offsets Supply Chains Supply Chain Decarbonize 109

3BL Media

JUNE 3, 2024

The new solar panels were officially switched on by Szabolcs Zolyomi and Stefan Brechling Larsen on 24 April 2024, in front of media. Lenovo’s newest Global Innovation Centre , unveiled in October 2023 and operating on-site at the facility, now has the capacity for customers to test HPC workloads on 100% solar energy.

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Environmental Finance

JULY 16, 2024

The surprisingly high use of carbon offsets by Italian oil major Eni in its progress towards its carbon emissions target has created an interesting litmus test for issuer and investor behaviours around sustainability-linked bonds (SLBs),

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Carbon Offsets 40

3BL Media

APRIL 9, 2024

HOUSTON, April 9, 2024 /3BL/ - Green Mountain Energy Earth Day at Discovery Green returns to one of Houston’s most sustainable parks on Saturday, April 20 from 12-5 p.m. Whole Earth Offsets Informing the community about carbon offsets during a fireside chat and through an interactive puzzle for kids.

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ESG Today

MAY 11, 2023

The IFRS Foundation, for example, recently announced that its new climate and sustainability reporting standards, which include Scope 3 reporting, and disclosure on climate risks and opportunities, will take effect in 2024. Of the targets that have been set, for example, only 30% include net zero goals, and 17% align with a 1.5°C

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Net Zero Carbon Offsets Climate Change Decarbonize 127

Renewable Energy World

DECEMBER 13, 2021

ZeroAvia says it is on track to achieve commercialization for its hydrogen propulsion technology in 2024. The Airline has set a goal of reducing its GHG emissions 100% by 2050, without relying on traditional carbon offsets. With the new investment, the company has raised $115 million.

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ESG Today

JANUARY 31, 2023

United Airlines has committed to fully reduce greenhouse gas emissions by 2050 without relying on carbon offsets. ” The companies stated that if the technology is successful, construction of the pilot facility will commence in 2024, followed by a full-scale facility that could begin commercial operations by 2028.

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Carbon Offsets Decarbonize Logistics Development 109

ESG Today

JUNE 17, 2024

While the Commission’s proposal required the separation of offsets used from greenhouse gas emissions reductions, and a specification of whether the offsets relate to emission reductions or removals, Council’s position distinguishes between “offset claims” that use carbon credits to balance out an emissions share to reach net zero, and “contribution (..)

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Greenwashing Net Zero Carbon Offsets Climate Change 113

3BL Media

NOVEMBER 17, 2022

Achieving our reduction goal requires implementing energy efficiency and modernization initiatives, utilizing renewable energy, establishing power purchase agreements, purchasing renewable energy certificates and carbon offsets, and transitioning to low-carbon energy sources throughout our operations.

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Zero Carbon Carbon Offsets Chief Sustainability Officer Manufacturing 130

3BL Media

AUGUST 2, 2023

In an effort to reach net-zero emissions, companies are turning to carbon credits. These credits are used to offset emissions and allow the owner to emit a certain amount of carbon dioxide (CO 2 ) or greenhouse gases.

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Net Zero Carbon Offsets Greenwashing Analytics 130

3BL Media

SEPTEMBER 25, 2024

of global CDR, according to the 2024 State of Carbon Dioxide Removal Report. This includes projects like biochar, enhanced rock weathering, direct air capture with carbon storage (DACCS) and bioenergy with carbon capture and storage (BECCS). The carbon landscape is complicated.

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Climate Change Carbon Offsets Development 147

Chris Hall

MAY 17, 2024

Just recently, the Science Based Targets initiative (SBTi) provoked a backlash – including from within the organisation itself – when it revised its Corporate Net Zero Standard to let companies use environmental attribute certificates, including carbon offsetting schemes. trillion a year. trillion annually by the same year.

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Carbon Offsets Net Zero Climate Change Waste 64

3BL Media

FEBRUARY 14, 2024

The Coalition set a goal to implement building performance policies and programs by Earth Day 2024, with many jurisdictions already having existing policies in place. and larger; these buildings must meet a final EUI target by 2030, with interim targets in 2024 and 2027. or larger should comply with LL97 starting in 2024.

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3BL Media

DECEMBER 13, 2023

The success of Cuningham and other like-minded firms has now emboldened the LFRT to request that all of its member firms commit to the same effort beginning in 2024. After spending five years monitoring and then reducing carbon emissions from our internal operations, Cuningham needed to tackle the daunting issue of carbon offsets.

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Climate Change Net Zero Chief Sustainability Officer Analytics 113

3BL Media

APRIL 30, 2024

million per year or more) to report their Scopes 1, 2, and 3 GHG emissions, identify and calculate their climate-related financial risks, have SBTi (Science Based Target Initiative) validated GHG reduction targets, and disclose through annual CDP (Carbon Disclosure Project) reporting. There are three important regulations to be aware of: 1.

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Carbon Offsets Climate Change Supply Chains CDP 147

3BL Media

OCTOBER 15, 2024

Rayonier announced in 2024 the granting of 75,000 acres of underground pore space lease agreements. By making land available for CCS, we are facilitating a critical solution for reducing carbon emissions, while still preserving the primary use of our land for timber operations. These leases allow emitters to use our land for CCS.

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Net Zero Climate Change Carbon Offsets Manufacturing 147

Environmental News Bits

DECEMBER 13, 2024

The Carbon Direct State of the Voluntary Carbon Market report examines the key trends and developments shaping the voluntary carbon market, with a focus on carbon dioxide removal. Key insights: Changes in policies, buyer preferences, and supply constraints are transforming the voluntary carbon market.

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Development Carbon Offsets 40

Carlos Sanchez

DECEMBER 18, 2022

On top of that, they will be creating plans to comply as soon as by the 2024 reporting cycle (e.g. As part of the report, for example, companies were criticised for building or financing new supplies of fossil fuels or for the use of carbon offsets (read my article about carbon offset markets).

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Net Zero Carbon Offsets Supply Chains Supply Chain 52

Sustainability Update

JUNE 5, 2024

Key Elements of the SEC’s Climate-Related Disclosure Final Rule – A G&A Resource Paper On March 6, 2024, the commissioners of the U.S. In response to numerous lawsuits post adoption, the SEC voluntarily stayed the rule in April 2024 pending judicial review.

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Sustainability Update

MAY 21, 2024

increase in beef and veal prices between March 2023 and March 2024. The carbon offset company 8 Billion Trees provides a calculator for estimating the emissions associated with an individual’s meat consumption. The Bureau of Labor Statistics has documented a 7.6% He is completing his B.A.

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Supply Chains Supply Chain Carbon Offsets Development 40

We Mean Business Coalition

OCTOBER 11, 2024

The period from February 2023 to January 2024 reached 1.52C of warming, according to the EU’s Copernicus Climate Change Service. Another assessment is that companies may rely on carbon offsets to achieve net zero rather than making significant reductions in their actual emissions.

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Paris Agreement Net Zero Carbon Offsets Decarbonize 52

Chris Hall

JULY 26, 2024

Skidmore subsequently resigned as a Conservative MP in early 2024 in protest over then-prime minister Rishi Sunak’s decision to re-open the North Sea to new oil and gas production. C carbon budget will be exhausted in less than five years, according to the Mercator Research Institute on Global Commons and Climate Change.

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Net Zero Climate Change Carbon Offsets Climate Scientist 52

Chris Hall

JULY 1, 2022

Roughly 72% are willing to pay a premium for ESG products and 72% of European asset managers are open to halting all non-ESG product launches by the end of 2024, PwC said. CME Group has traded 135 million carbon offsets since launch. ” .

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Analytics Net Zero Carbon Offsets Data Analytics 52

Chris Hall

MAY 1, 2024

As the fallout continues over the Science Based Targets initiative’s approach to offsets, is the net zero target-setting landscape for corporates fit for purpose? In 2024, the number of listed companies with a climate commitment validated by the Science Based Targets initiative (SBTi) jumped to 20% from just 12% in 2023.

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Net Zero Paris Agreement Carbon Offsets CDP 85

Chris Hall

MAY 31, 2024

While the German courts are still struggling to find common ground on these issues and a clarifying decision of the Federal Supreme Court (Bundesgerichtshof) may not be expected before June 2024 [1] , Brussels has initiated two directives aimed at clarifying and unifying the legal framework on environmental claims.

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Greenwashing Carbon Offsets Development Climate Change 59