Companies are increasingly buying carbon credits to reduce their carbon footprint and contribute to global climate action. Carbon credits also play a key role in helping businesses meet their net-zero emission targets.
Why Do Companies Buy Carbon Credits?
Meet Climate Goals
Carbon credits enable companies to compensate for emissions they cannot eliminate, helping them move closer to achieving net-zero emissions targets.
Support Climate Action
By purchasing carbon credits, businesses fund projects that reduce emissions, protect ecosystems, and support community development. These investments create a lasting positive impact on the environment and society.
Contribute to ESG Strategy
Carbon credits are often integrated into a company’s broader Environmental, Social, and Governance (ESG) strategy, showcasing their commitment to sustainability.
Communicate Impact
Investing in carbon credits helps companies demonstrate their climate impact to stakeholders in a tangible and credible way.
Access Capital
A company’s carbon footprint and decarbonization efforts can significantly influence its ability to attract investment and access capital.
How Do Carbon Credits Work?
A high-integrity carbon credit represents one tonne of carbon dioxide that has been removed or reduced from the atmosphere.
These reductions or removals must be certified under internationally recognized carbon standards to ensure their credibility.
Companies can purchase these credits to offset their emissions or invest in projects to generate new credits.
How Can Companies Buy Carbon Credits?
Businesses can purchase credits from existing projects or invest in developing new ones.
They have the flexibility to combine credits from different geographies and price ranges.
Companies can select credits that align with their values, backed by independent ratings for added assurance.
Carbon credits offer businesses a practical way to reduce their environmental impact while supporting meaningful climate action. By incorporating them into their strategies, companies contribute to a more sustainable and equitable future.
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