Understanding the Use of Carbon Credits by Companies: A Review of the Defining Elements of Corporate Climate Claims.

ABSTRACT: Worldwide, companies are increasingly making claims about their current climate efforts and their future mitigation commitments. These claims tend to be underpinned by carbon credits issued in voluntary carbon markets to offset emissions. Corporate climate claims are largely unregulated which means that they are often (perceived to be) misleading and deceptive. As such, corporate climate claims risk undermining, rather than contributing to, global climate mitigation. This paper takes as its point of departure the proposition that a better understanding of corporate climate claims is needed to govern such claims in a manner that adequately addresses potential greenwashing risks. To that end, the paper reviews the nascent literature on corporate climate claims relying on the use of voluntary

SUBMITTER: Trouwloon D 

PROVIDER: S-EPMC10069309 | biostudies-literature | 2023 Apr

REPOSITORIES: biostudies-literature