The French energy giant plans to develop carbon credits from reforestation, agroforestry and conservation as part of a national ‘Green Gabon’ initiative as it tries to offset its own emissions.
Although methane only stays in the atmosphere for roughly 12 years while carbon dioxide hangs around for up to 1,000 years, it is 25 times more potent and must also be priced.
Taking into account emissions from transportation, post-harvest production, on-farm activity and inputs, the company says its rice will still be carbon neutral.
The non-profit’s joint report with the Accountability Framework initiative shows that only 2.8% of 675 surveyed companies target sourcing 100% no-deforestation commodities.
Across private markets different bodies and groups are striving to harmonize ESG data gathering and reporting: it is a worthy and devilishly difficult task.
GreenCollar CEO James Schultz speaks of the need to safeguard integrity: 'One carbon credit worth $100 is a hell of a lot better than 10 credits worth nothing.'
Toronto’s Area One Farms founder and CEO Joelle Faulkner talks through the fundamentals of regenerative ag and Canada’s transition challenges, such as a lack of suitable crop insurance.
The Japanese trust bank made its first timberland investment last year amid a trend that has now led to New Forests being acquired by Mitsui & co and Nomura.