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Long-Term Carbon Offsets Outlook 2023

3BL Media

Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbon offset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.

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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

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Is Carbon Offsetting Worth It?

3BL Media

DESCRIPTION: Significant price spikes in the energy attribute certificate (EAC) and carbon offset markets have many companies are wondering whether environmental commodities are the right way to reach their goals, asking: is carbon offsetting worth it? Is carbon offsetting worth it?

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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future. billion company’s new commitment to achieve net-zero status for its own operations by the end of this decade. . billion company’s new commitment to achieve net-zero status for its own operations by the end of this decade. .

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Why Land Remediation Is the Future of Carbon Offsets

3BL Media

A recent report from McKinsey & Company offered some hard evidence for what environmentalists have long known to be a mounting concern: The current carbon offset market will struggle in the next thirty years to meet the exponentially increasing demands placed on it by corporate America’s collective drive to meet their carbon pledges.

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AB: Are Carbon Offsets the Next ESG Investing Frontier?

3BL Media

Carbon offsets occupy a relatively small space on the spectrum of environmental, social and governance (ESG) issues. But as more countries and companies commit to net-zero carbon emissions goals, they’re steadily gaining attention from investors as a tool to accelerate carbon reductions.

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How RISE With SAP and GROW With SAP Contribute to SAP’s Net-Zero Journey

3BL Media

Feature by Michael McComb SAP aims to be a net-zero enterprise by 2030. RISE with SAP and GROW with SAP , two flagship solutions designed to help our customers migrate to cloud enterprise resource planning (ERP), are essential elements in SAP’s net-zero journey.

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