International > Firms that buy carbon credits also enact greater in-scope emissions reductions, says new report

Firms that buy carbon credits also enact greater in-scope emissions reductions, says new report

Published 06:00 on May 3, 2023  /  Last updated at 16:44 on May 2, 2023  / Roy Manuell /  International, Voluntary

Research from a carbon project ratings agency suggests that companies that purchase and retire credits also tend to implement greater in-scope emissions cuts than those that do not, contravening criticism of the voluntary carbon market (VCM) that offset-buying distracts from direct corporate climate action.
Research from a carbon project ratings agency suggests that companies that purchase and retire credits also tend to implement greater in-scope emissions cuts than those that do not, contravening criticism of the voluntary carbon market (VCM) that offset-buying distracts from direct corporate climate action.


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