Carbon offsets - What role do they have to play in the race to reach net zero?

Advocating for clear guidelines

As the impacts of climate change continue to become more apparent and impact the lives of people across the globe, we are seeing an influx of companies, cities and countries publishing targets to reduce emissions and reach net zero.

In 2019, it is estimated that only 16% of the global economy was covered by net zero targets, which increased to cover 68% by 2021. Popularity of ESG investing wanes among UK investors However, not all net-zero pledges are created equal, and we have a role to play as investors in scrutinising the viability of the targets our investee companies set to ensure they are playing their part in combatting climate change. While there is no single definition of net zero and no single framework for measurement, the Science-Based Targets initiative (SBTi) published the following definition for c...