Charting a path towards sustainable business
All countries have committed to limiting global warming to 1.5 degrees centigrade as part of the 2015 Paris Agreement and have pledged to become carbon-neutral by 2050. Increasing awareness of carbon footprints and the challenge of meeting climate-related demands present a significant opportunity for players in voluntary carbon markets to complement national decarbonisation and carbon offset effort and achieve their sustainability goals. Carbon funds are an immediate and cost-effective way for companies to neutralise their carbon footprints. Investment in voluntary carbon markets through carbon funds not only generates carbon credits and enables companies to achieve net-zero goals, but also provides tangible benefits to communities by achieving Sustainable Development Goals (SDGs). Such investment enables companies to develop a sustainable and responsible business environment and gain increased confidence and trust of shareholders.
Key Takeaways
• Stringent emission norms and increasing carbon taxes are forcing businesses to reduce their carbon footprints.
• Carbon offset demand and prices continue to rise as companies become increasingly conscious of the need to achieve carbon neutrality.
• Voluntary carbon markets enable companies not only to achieve net-zero goals by investing in projects to reduce carbon emissions, but also to provide tangible benefits to communities.
• Carbon funds ensure transition towards net-zero emissions through long-term investment in carbon markets and also make available secure revenue streams for businesses.
Author
Sohan Choudhuri
Delivery Lead
Sohan has over 6 years of experience in the field of Infrastructure, Energy and Steel sector. Sohan is a Delivery Lead and currently supports Energy and Utilities clients across various geographies.
Sohan has diverse work experience with Government authorities, steel companies, project developers, power producers, utilities, cement players with focus on strategy formulation, pitch document preparation, investment advisory, market entry, financial advisory.
Sohan holds a MBA degree in operations from Narsee Monjee Institute of Management Studies (NMIMS Mumbai) and B.Tech degree from NIT Rourkela, Sohan has previously worked for one of the Big 4 consulting firms.
Charting a path towards sustainable business
Your file will start downloading automatically
If it does not download within 1 minute,