CNaught Perspectives

This month’s newsletter brings you our latest insights from the sustainability landscape and key updates from the VCM. Whether you’re looking to stay ahead of the curve or curious about what others in the industry are doing, we’ve got you covered.

Meet with us at upcoming events

The CNaught team will be attending sustainability-focused events across industries over the next few months, including Blueprint, Net Zero Conference, NYC Climate Week, Move America, Sustainable Brands, and Verge. We’d love to meet with you while we’re there. If you’re attending a conference this fall and want to meet with us, find a time here.?

Insights from our Blog

Science: Does Location Matter When Buying Carbon Credits?

In real estate, the mantra is often "location, location, location." But when it comes to carbon credit projects, is location really that critical? The answer is nuanced—it depends. Climate change is a global issue, and therefore, the location of a project doesn't inherently affect its ability to mitigate climate change. What truly matters when choosing carbon projects are three key factors: quality, cost, and story.?

Industry: Capping Orphaned Oil Wells in Montana

Abandoned wells, remnants of decommissioned oil and gas production, emit methane which causes significant environmental harm. Capping these wells mitigates these potent emissions while also benefiting local communities and wildlife. Watch our video to see firsthand how these projects are mitigating potent methane emissions.

Case Study: How Starting Small Can Drive Climate Impact

CNaught customer Pagoda Projects, a certified B Corp, shows how starting small with sustainability initiatives can lead to meaningful climate impact. By piloting carbon offsetting in their Sustainable Global Experience program, they’re paving the way for broader climate action.

Relevant News

The Integrity Council for the Voluntary Carbon Market announces existing renewable energy methodologies do not meet its Core Carbon Principles (CCP) label. Companies who leverage carbon credits from grid-connected renewable energy projects risk the integrity of their climate claims and should consider a different approach to their carbon credit strategy. CNaught has never included grid-connected renewable energy projects in our portfolios because of additionality concerns, a key requirement of quality.?

A recent Accenture survey reveals that 90% of CFOs at large companies anticipate ESG issues will be a major focus over the next five years, signaling a strong commitment to integrating sustainability into their business strategies. Despite the challenges of new reporting requirements, many finance executives see this as an opportunity to drive long-term value and competitive advantage. The report, "From Compliance to Competitive Advantage," highlights how companies are increasingly recognizing the importance of ESG in shaping their future success.

Exxon projects that oil demand will remain flat by 2050, a level that would be more than 75% higher than what is needed to meet global 1.5°C climate targets. The demand is projected to come from the hardest-to-decarbonize industries, like transportation and heavy industry. As we aim to do meaningfully better than Exxon’s projections on reducing oil usage, it will also be critical to scale avoided emission and carbon removal efforts outside of company value chains, like those supported by carbon credits.?

Get in touch

Our mission is to make it easy to use carbon credits to accelerate your climate impact. Talk to our team about how we can help your organization meet your goals: meet with the CNaught team.