Carbon offsets - What role do they have to play in the race to reach net zero?

Advocating for clear guidelines

clock • 4 min read

As the impacts of climate change continue to become more apparent and impact the lives of people across the globe, we are seeing an influx of companies, cities and countries publishing targets to reduce emissions and reach net zero.

In 2019, it is estimated that only 16% of the global economy was covered by net zero targets, which increased to cover 68% by 2021. Popularity of ESG investing wanes among UK investors However, not all net-zero pledges are created equal, and we have a role to play as investors in scrutinising the viability of the targets our investee companies set to ensure they are playing their part in combatting climate change. While there is no single definition of net zero and no single framework for measurement, the Science-Based Targets initiative (SBTi) published the following definition for c...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

City Hive's Bev Shah: Why target setting matters
ESG

City Hive's Bev Shah: Why target setting matters

'Provide focus and motivation'

Bev Shah
clock 28 November 2024 • 3 min read
Jupiter's Jason Pidcock on ESG 'nonsense' and why China remains 'unappealing'
ESG

Jupiter's Jason Pidcock on ESG 'nonsense' and why China remains 'unappealing'

Manager of Jupiter Asian Income fund

Linus Uhlig
clock 27 November 2024 • 5 min read
Columbia Threadneedle adopts SDR 'Sustainability Focus' labels on nine funds
ESG

Columbia Threadneedle adopts SDR 'Sustainability Focus' labels on nine funds

Global, UK equities and multi asset funds

Eve Maddock-Jones
clock 26 November 2024 • 1 min read
Trustpilot