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The Wild West of plastic credits and offsets

GreenBiz

And, much like the market for carbon offsets, it’s messy. . There is no industry standard or definition . In the same way that a company’s carbon credit may offset its U.S. In the same way that a company’s carbon credit may offset its U.S. Consider carbon markets again.

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Here's why companies should assess double materiality

GreenBiz

After years of debate over the definition of materiality, 2020 has brought a consensus that materiality is double — meaning that businesses should report on financially material topics that influence enterprise value as well as topics material to the economy, environment and people. This is covered by the SASB definition of materiality.

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Carbon marketplace hawks credits in businesses that store CO2 with their products

GreenBiz

Carbon marketplace hawks credits in businesses that store CO2 with their products. As corporate interest in carbon removal options grows, Puro.earth , a startup from Finland, is offering a twist on carbon marketplaces. Gloria Oladipo. Mon, 08/31/2020 - 05:00.

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Can improved ESG data, definitions, and standards really 'green' the banking sector?

Business Green

Advocates of this approach reckon it would help catalyse investments in clean technologies and ensure investors are more cognisant of the complex and escalating risks associated with high carbon assets. An alternative approach could include setting minimum mandatory climate standards for ESG products, requiring banks to adopt 1.5C

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Demystifying the ?Absolute Zero? concept

GreenBiz

The nuances of all the various adjectives and descriptors that are used to describe climate action — from "science-based" to "net zero" to "carbon negative" — are enough to make heads spin, especially for those who spend their professional lives worrying about how to communicate these concepts. Offsetting versus insetting.

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5 tips to beat eco-anxiety

Terra Infirma

None of the climate solutions are perfect – I know electric cars don’t fix congestion, require mining of minerals and have their own substantial carbon footprint, but they are most definitely better than ICE cars. I also share a bit of good news every day to push back against the tide of negativity. Small actions.

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Want to avoid greenwashing? Be clear about what it means

Business Green

Companies need shared definitions if they understand what greenwashing actually is and how it can be tackled. Now more definitions of greenwashing are cropping up, in Europe in particular. These definitions, coupled with new anti-greenwashing laws , are meant to help suss out bad actors.