Carbon Floor

What is Article 8 of the Sustainable Finance Disclosure Regulation (SFDR)? Article 8 of the European Commission refers to a category of financial products under the Sustainable Finance Disclosure Regulation (SFDR). Definition: Article 8 products are financial products that promote environmental or social characteristics but do not have sustainable investment as their objective. Scope: It applies to various financial products offered within the European Union, including investment funds and other financial instruments. Impact on Financial Institutions: Financial institutions offering products in the EU must classify their products according to SFDR categories, including Article 8. This classification impacts how these products are marketed and what disclosures are required. Proposed Changes: The European Supervisory Authorities (ESAs) have proposed new subcategories within Article 8: a) Products with a sustainable investment objective b) Products investing in economic activities considered environmentally sustainable c) Products with an objective to invest in taxonomy-aligned activities Transition Category: A new "transition" category has been proposed for products investing in companies with credible transition plans

Jessica Alsford, Chief Sustainability Officer at Morgan Stanley and CEO of the Institute for Sustainable Investing, said: “Sustainability strategies and core business strategies are converging, with companies increasingly seeing sustainability factors as integral to the company’s long-term value creation. There may yet be challenges in developing expertise and financing models, but corporate leaders view sustainable business practices as fueling the creation of value as well as the mitigation of risk.” #ESG #sustainability

🌍 Preserve Nature for Generations to Come 🌿 As we commemorate Earth Day, Carbon Floor reaffirms its commitment to environmental stewardship and sustainability. Our consultancy services are designed to empower businesses to reduce their carbon footprint and embrace sustainable practices. This Earth Day, let's unite in our efforts to protect our planet for future generations. Join us in our mission to create a greener, more sustainable world. 🌱🔗 Learn more about our consultancy services and how you can make a difference at https://carbonfloor.com#EarthDay #Sustainability #ClimateAction #CarbonConsultancy #EnvironmentalStewardship

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 🎉 Happy New Year from Carbon Floor! 🌍 As we welcome the New Year, Carbon Floor reaffirms its dedication to a sustainable future. We are committed to helping businesses create and achieve their sustainability goals. From carbon offset projects to corporate ESG advisory, we are here to support you in building a greener and more prosperous tomorrow. Let's make 2024 a year of meaningful sustainability achievements. Happy New Year!#HappyNewYear #Sustainability #ESG #CarbonOffset #GreenFuture #sustainablebusiness #netzero #sustainability #sustainabilityreporting #earth #climatechange #climate

 🎄 Wishing You a Merry Christmas from Carbon Floor! 🌍This festive season, we at Carbon Floor are celebrating Christmas with a strong commitment to sustainability. From our carbon offset projects to our corporate ESG advisory services, we are dedicated to building a greener future for all. Let's embrace eco-friendly traditions and make a positive impact on the planet. Merry Christmas and Happy Holidays!#MerryChristmas #Sustainability #GreenFuture #CarbonOffset #ESG #HappyHolidays 

Statement to Voluntary Carbon Market Stakeholders on the Latest Guardian Attack We believe that the Guardian has gone dangerously off track when it comes to reporting on the voluntary carbon market (VCM) in general and our organization, Verra, in particular. At Verra, we welcome thoughtful and balanced critiques and are committed to continuous improvement. But we will stand up for ourselves. After attempting to engage faithfully with the Guardian over the past nine months, late on Wednesday, September 13, 2023, we received an inquiry from the publication informing of us of a forthcoming broadside against several projects on the Verra Registry, based on little or no detailed analysis that they were willing to share with us, and giving us 36 hours to respond. It was clear, finally, that our extensive technical rebuttals and factual engagement with the publication were not being heard despite our best efforts. We believe that, today, the Guardian leaves its readers ill-informed and unprepared to help stop the worst impacts of climate change. Here is what, thanks to extensive one-sided reporting, a Guardian reader doesn’t know: ➡ 1. Verra is a nonprofit organization, not a for-profit corporation, and all fees for registering projects go into running the registry system, the VCS Program, and other programs that support sustainability. ➡ 2. There is compelling evidence proving the effectiveness of REDD+ projects. ➡ 3. The Intergovernmental Panel on Climate Change (IPCC) itself has stated that the voluntary carbon market (VCM) is essential to addressing climate change. ➡ 4. Companies engaged in the market are overwhelmingly the ones that do the most to cut their own footprint, moving twice as fast to decarbonize as those that are not. ➡ 5. The Guardian has repeatedly alleged that Verra is overstating the threats to the forests protected through these projects. The fact is, the vast majority of forests protected through the VCS are still standing in the face of massive, ongoing, grinding pressures of commercial agriculture and commodity production. We have shared these points with the Guardian via our legal counsel and are awaiting a response. At Verra, we are driven by an understanding of what happens if we don’t act. We cannot wait for government-mandated climate action to materialize. Social and environmental markets are critical to the success of global and local climate action. To tackle the existential crisis of climate change, carbon markets must thrive. Read our full statement: https://lnkd.in/eCTac89x #verra #carbonmarkets #carboncredits #carbonoffsets #climateaction

Requirements for activities to be eligible under the Biochar methodology by Puro Earth To be eligible under the Puro. earth Biochar Methodology, activities must meet the following requirements: Biochar production: The activity should involve the production of biochar from biomass or biowaste through pyrolysis, a process that heats the material in high temperatures in the absence of oxygen Net-negative emissions: The sequestered carbon must be scientifically measured and independently verified by a reputable third party, ensuring that the activity results in net-negative emissions Permanence: The biochar produced should offer a minimum permanence of 100 years, as biochar is an IPCC-trusted carbon removal method with long-term storage capabilities Quality benchmarks: The biochar must meet quality thresholds defined in voluntary quality standards for biochar, such as the International Biochar Initiative (IBI) Certification Program or the European Biochar Certificate Environmental compliance: In jurisdictions where legal requirements exist for the intended applications, the biochar produced must comply with these requirements in terms of heavy metal, polyaromatic hydrocarbon (PAH), and other organic contaminant contents Benchmarking: In jurisdictions where no requirements exist for the intended applications, the biochar produced must be benchmarked against the above-mentioned quality standards Project-specific financials and counterfactual analysis: Suppliers must provide full project financials and a counterfactual analysis based on baselines that are project-specific, conservative, and periodically updated Not required by existing laws, regulations, or other obligations: Suppliers must demonstrate that the project is not required by existing laws, regulations, or other obligations Source: https://lnkd.in/dU7TrGj2 #biochar #carbonremoval #carboncredits #methodology #netzero

Carbon consulting and ESG advisory companies play a crucial role in helping businesses become more sustainable. Here's how they can help: 1. Decarbonization strategy and execution: Carbon consulting firms assist businesses in developing and implementing strategies to reduce their carbon footprint, such as transitioning to renewable energy sources, improving energy efficiency, and adopting sustainable practices 2. ESG risk assessment and strategy development: ESG advisory services help businesses identify and manage environmental, social, and governance risks and opportunities, ensuring that sustainability considerations are integrated into their overall business strategies 3. Ethical supply chain management: Carbon consulting firms can support businesses in creating transparent and responsible supply chains, ensuring that their products and services are sourced and produced in an ethical and sustainable manner 4. ESG reporting and assurance: ESG advisory services assist businesses in developing robust reporting frameworks and measurement systems to track their progress toward sustainability goals, providing transparency and accountability to stakeholders 5. Governance effectiveness and benchmarking: ESG advisory services help businesses improve their governance structures, ensuring that sustainability considerations are embedded in decision-making processes and benchmarking their performance against industry standards 6. ESG technology, data, and analytics advisory: Carbon consulting firms provide guidance on leveraging technology, data, and analytics to enhance ESG performance, enabling businesses to make data-driven decisions and monitor their sustainability progress 7. Net Zero Carbon Consultancy: Carbon consulting firms can help businesses achieve a net-zero carbon status by assessing their current carbon footprint, developing carbon reduction strategies, and supporting the implementation and monitoring of these strategies By partnering with carbon consulting and ESG advisory companies such as Carbon Floor, businesses can effectively navigate the complex landscape of sustainability, reduce their environmental impact, and create long-term value for their stakeholders. #sustainability #netzero #cop28 #carbonfootprint #carbonneutral #carbonfloor #esgstrategy #environment #esginvesting #esg