By Robert Miller | Portfolio Manager at NAOS Asset Management
The world today has a far greater emphasis on reducing our environmental footprint, which is clearly a good thing. Corporations are no exception to this. Corporations are commonly stating their timeframe to become carbon neutral, e.g. Amazon to be net-zero by 2040, whilst Microsoft aims to be carbon negative by 2030.
How do they achieve this desired carbon neutrality? Carbon offsets are generally a key component in this. In theory, you could argue a carbon offset is a logical and transparent way for a corporation to manage its carbon neutrality. At this stage, the reality is far more complex.
This podcast provides a brief but informative look behind the scenes into the world of carbon offsets. This world includes those looking to purchase carbon offsets, the forest/plantation owners, the quality assessment organisations and the verification & private regulatory bodies. There is a lot more to be done on the measurement of carbon offsets for them to become the mechanism we all need them to be.
Link to podcast
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