Understanding the Use of Carbon Credits by Companies: A review of the defining elements of corporate climate claims
February 25, 2023 | Global challenges | Source |
Introduction: Researchers from The Netherlands, Germany, and Finland evaluate corporate climate claims related to carbon neutrality and net-zero emissions, highlighting the risks of greenwashing and the lack of transparency in how companies engage with carbon markets.
Key findings: By reviewing literature, the researchers identified three crucial dimensions of corporate climate claims related to carbon credits: the intended use of these credits (offsetting versus non-offsetting), the framing of headline terms like net-zero and carbon neutral, and the status of the claim (aspirational commitments versus actual achievements). Through this analysis, the paper aims to categorize corporate climate claims and discuss the associated risks and governance implications. It emphasizes the need for transparency and robust governance to ensure that these claims genuinely contribute to global climate mitigation efforts.
Figure | Proposed categorization of corporate climate claims and their defining elements.
Viewed Articles
February 25, 2023 | Global challenges | Source |Â Introduction: Researchers from The Netherlands, Germany, and Finland evaluate corporate climate claims related to carbon neutrality and net-zero emissi
World Resources Institute| Source | Download |The "State of Climate Action 2023" report underscores the inadequacy of current global efforts to limit global warming to 1.5°C. The majority of indicato
Read More
June 19, 2024 | Nature | Source |   Introduction: A freelance science journalist based in Sydney, Australia reviewed the role of farming in climate change mitigation. Key findings: Humanity faces two
January 2, 2023 | Nature Ecology & Evolution | Source | Introduction: Indonesia, the world’s largest mangrove-rich country, has set an ambitious goal to rehabilitate 600,000 hectares of mangroves by 2
August 4, 2022 | Nature Sustainability | Source |Â Introduction: An international consortium led by the University of Twente (Netherlands), with partners in Japan, Europe, and the US, reframes agrifood
May 1, 2024 | Annual Review of Public Health | Source |Â Introduction: Sustainable diets have evolved alongside the UN Sustainable Development Goals, incorporating goals in terms of agricultural produc
February 10, 2022 | Nature Sustainability | Source | Introduction: An international research team led by principal investigators from University of Adelaide in Australia and National University of Sin
