How Carbon Credits Help Accelerate Decarbonization
Voluntary carbon markets are playing a central role in climate action strategies for corporations and governments alike. Alongside ambitious decarbonization goalsto reduce business’ carbon footprint, high-quality greenhouse gas (GHG) offsets are unlocking more ambitious near-term action and delivering environmental and social co-benefits.
As a result, the demand for carbon credits is rising, and organizational needs are becoming more complex. ENGIE Impact's consultants have extensive experience in carbon markets and are helping to shape the future of those markets today, offering comprehensive support to address a broad range of environmental commodity needs.
What is a Carbon Credit?
Carbon credits are purchasable instruments that represent emissions avoidance, reduction or removal that result from a carbon project.
Are Carbon Credits Credible?
While low-quality carbon offsets have given “offsetting” a poor reputation, voluntary carbon credit standard organizations have made – and continue to make – great strides in developing robust and rigorous approval systems. Standards are continuously updated to ensure credits are legitimate and ‘additional’ to a business-as-usual scenario. However, not all standards or developers are created equal, making it difficult to navigate these evolving markets.
Why Use Carbon Credits?
Carbon credits help soften the hard edges of the transition to low or zero-carbon ways of working, producing and transporting. They enable companies to make a more significant contribution to climate action sooner and provide space to invest in developing and deploying transformational technologies within their businesses and supply chains. They also channel investment into critical decarbonization levers, including preservation, restoration, and regeneration of nature's natural carbon removal machines (forests, wetlands, etc.).
We Help You Navigate Carbon Markets
ENGIE Impact helps clients navigate rapidly changing market conditions, identify carbon projects that support their unique sustainability story, and secure high-quality carbon credits now and long into the future.
Develop a Decarbonization and Carbon Credit Strategy
Experts help organize clients’ data, determine internal emission reduction opportunities, and integrate high-quality energy carbon credits into emission reduction strategies.
Market Making and Innovation
ENGIE Impact works with a range of governments, non-profits, and industry leaders to develop and drive forward initiatives that advance emerging technologies and policy priorities. From nature-based and technological removals to green hydrogen and synthetic fuels, industry experts can help clients shape the policies and markets of tomorrow.
Financial and Reputational Risk Management
ENGIE Impact works with clients to define their carbon credit strategy by leveraging extensive industry knowledge to facilitate a comprehensive RFP process. We also actively participate in the Taskforce for Scaling the Voluntary Carbon Market (TSVCM) initiative, serving on the carbon credit quality and governance working groups, which are designed to drive the development and implementation phase of this initiative.
Featured Experts
James Ramsay
Director, Sustainability Solutions - EMEA
Reaching Net Zero globally requires an increased investment in near-term climate solutions, including carbon markets and the underlaying carbon credits.
Why You Can’t Afford To Wait On Quality Carbon Offsets
It is more important than ever to build a decarbonization strategy that can withstand market fluctuations and uses high-quality carbon offsets to tackle residual carbon emissions.
Charting Your Transformation Journey To Net Zero Carbon
Achieving Net Zero will not be easy. To keep pace with these ambitious goals, leaders should map their journey through the lens of three foundational dimensions of transformation: scales, levers and enablers.
Offsetting is a valid strategic tool for companies in the race to net zero. Learn how carbon offsets can support near-term sustainability efforts and long-term decarbonization strategy.
The Final Step to Carbon Neutrality: Procuring High Quality Carbon Offsets
Alongside ambitious decarbonization goals, explore how ENGIE Impact designed an offset strategy to invest in high-quality projects to meet our carbon neutral goal, unlocking more ambitious near-term action.
ENGIE Impact works with clients to define their carbon offset strategy and procure renewable energy credits by leveraging extensive industry knowledge to facilitate a comprehensive RFP process. We also actively participate in the Taskforce for Scaling the Voluntary Carbon Market (TSVCM) initiative, serving on the offset quality and governance working groups, which are designed to drive the development and implementation phase of this initiative.
Accelerate Your Climate Strategy Today
ENGIE Impact specializes in developing tailored solutions that go beyond carbon reduction, to facilitate environmental, economic and societal gains.