The negligible role of carbon offsetting in corporate climate strategies.

ABSTRACT: Carbon credits feature prominently in corporate climate strategies and have sparked public debate about their potential to delay companies' internal decarbonisation. While industry reports claim that credit purchasers decarbonise faster, rigorous evidence is missing. Here, we provide an in-depth analysis of 89 multinational companies' historical emission reductions and climate target ambitions. Based on self-reported environmental data and more than 400 sustainability reports, we find no significant difference between the climate strategies of companies that purchased credits and those that did not. Voluntary offsetting is not a central part of most companies' climate strategies, and many pass credit costs directly onto their customers. While the companies within our sample retired one-fou

SUBMITTER: Stolz N 

PROVIDER: S-EPMC12423307 | biostudies-literature | 2025 Sep

REPOSITORIES: biostudies-literature