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Climate Investments

Buying In

Taking Stock of the Role of Offsets in Corporate Carbon Strategies

By Allie Goldstein - Ecosystem Marketplace
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Among a group of nearly 2,000 companies that publicly disclosed data in 2015, 18% use offsetting as part of a carbon reduction strategy – including familiar household names such as L’Oréal, General Motors, and Delta Air Lines – according to a new report by Forest Trends’ Ecosystem Marketplace, “Buying in: Taking Stock of the Role of Carbon Offsets in Corporate Carbon Strategies.”

Some of these brands have very real operational concerns that drive them to fight climate change. Sportswear manufacturer PUMA worries that weather changes and temperature extremes could affect its cotton farmers. In the tech sector, global warming might increase the cost of cooling large data centers for businesses like Google and Microsoft. Delta anticipates that since higher temperatures decrease air density, climate change may increasingly force their planes to carry lighter loads (e.g., fewer passengers), leading to a drop in revenue.

How are these companies tackling the challenge?

DOWNLOAD REPORT        DOWNLOAD PRESS RELEASE

SELECT FIGURES

Market Snapshot: Number and Percentage of Reporting Companies That Engage in Offsetting and Number of Offsets They Purchase or Originate

Top 20 Voluntary and Compliance Offset Purchasers by Volume, 2012–2014

WATCH THE WEBINAR

DOWNLOAD THE SLIDES

Presentation Slides: Allie Goldstein of Ecosystem Marketplace

Presentation Slides: Simon Henry of the International Carbon Reduction Offset Alliance (ICROA)

SELECT MEDIA COVERAGE

MEDIA CONTACTS

Anne Thiel
+ 1 (202) 446 1982
athiel@forest-trends.org

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