A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

Technology & Data

BeZero Unveils Tool to Identify ‘Quality’ Carbon Credits  

Global carbon ratings agency BeZero Carbon has published a methodology that it claims enables organisations to calculate how many carbon credits they need to retire or buy to make credible net zero claims. This is achieved by estimating a discount factor for each rating bucket on BeZero’s eight-point rating scale, that can be used to calculate an over-purchasing factor per tonne required. Buyers or re-sellers will also be able to use new tools on BeZero Carbon Markets to calculate how many credits they should purchase in order to make a certain tonne-based claim, while accounting for the risks involved. Chief Innovation Officer and Co-Founder at BeZero Sebastien Cross said: “One of the biggest challenges facing voluntary carbon market is that all carbon credits have been treated as equal – this is simply not the case. Everyone knows quality isn’t binary. But we lack the framework and tools to reflect the fact that credits perform better than others. A risk-adjusted approach allows customers to select the quality of credits they invest in. This is essential to tackling a lack of confidence on the demand side, and helping scale the VCM effectively.”  

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top