Tuesday, 20 October 2020
Greenfact has recently published its market report on CO2 reduction tools for corporations.
The report caters to corporations who desire a better understanding of selected tools available to go green, specifically Biomethane certificates, Guarantees of Origin (GOs) and voluntary carbon credits.
There is mounting regulatory pressure for corporations to disclose the societal and environmental impacts of their operations. As nations worldwide push to meet their GHG emissions mitigation under the Paris Agreements, eyes are on the corporate world and what steps they will take to mitigate their operational effects.
Big corporations have been making public pledges to show their allegiance to reducing GHG emissions. The markets that are available to corporations to abate their emissions are usually characterized by opacity. The aim of this report is to provide some market transparency while putting this into context with the use of a hypothetical case study to visualize the costs associated with carbon abatement.
In tackling Scope 1 and 2 emissions, the report covers biomethane and GO certificates while referring to voluntary carbon credits (VERs and CERs) in tackling unavoidable emissions across Scope 1-3 emissions. Market overviews, comparisons and price developments are given for all tools mentioned.
To tie it all together the report uses a hypothetical case study to illustrate the costs of going green both from an economical and premium budget profile.
The report goes into greater detail on historical prices of the offsetting tools mentioned and the price drivers. The path to carbon neutrality is riddled with opacity and misunderstanding; this report aims to shed some light on select tools.
See our store for a table of contents preview, or if you wish to gain access.