CNaught Perspectives

Welcome to the April edition of CNaught Perspectives. In this edition, we share some exciting company updates, the latest insights from our blog, and key articles to keep you up to date with the latest in the voluntary carbon market.

Company Updates

CNaught’s Calyx Global Highly-Rated Portfolio: We are excited to announce our first-of-its kind partnership with Calyx Global, the leading carbon credit ratings agency, to offer CNaught customers access to a carbon credit portfolio made up solely of projects that are highly-rated by Calyx Global. Learn more about the portfolio here.?

GreenBiz Partnership: We are so thrilled to launch the Calyx Global Highly-Rated Portfolio with GreenBiz as our first customer. We will use the new portfolio both to help GreenBiz mitigate the carbon footprint of their four largest conferences and to enable every single attendee to mitigate the carbon emissions associated with travel to the conferences.?

Traveling to Circularity 24 next month? Mitigate your travel emission here. ?

CNaught is powering Green Builder Media’s COGNITION Carbon Offsets Marketplace: We are proud to be powering Green Builder Media’s COGNITION Carbon Offsets Marketplace to streamline access to carbon credits to mitigate the impact of the built-environment. Learn more about the partnership here. ?

CNaught is enabling carbon neutral homebuilding: CNaught is the trusted carbon credit provider for the Panorama Idea Home, a carbon neutral home being built by Thrive Home Builders. Even with building science best practices, meaningful construction and operational emissions remain. CNaught offered a way for the Panorama Idea Home to get to carbon neutrality.

CNaught at SF Climate Week: CNaught CEO Mark Chen hosted a panel of business leaders making climate action a central focus of their business operations. Their message to others is clear: our greatest mechanism for fueling climate action is how we spend our dollars. Look for certification labels like B Corp., Climate Neutral, and 1% for the Planet when making spending decisions to know your dollars are making a real impact. Thanks to CANOPY, Earth Bound Homes, and Peak Design for making business a force for climate action and joining the conversation.

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Insights from Our Blog

Product Updates: Subaccounts, direct checkout, and new order tools are now live. These product updates add greater flexibility to the CNaught platform, giving CNaught customers more options to leverage carbon credits in ways that make the most sense for their business needs. Read the full update here.

Case Study: Integrating Climate Action into Every Transaction Read how Hitch Cofounder and CPO Tanuj Girish leverages CNaught to stay focused on building their business while staying true to their sustainability goals here.?

News from the Carbon Market

Some interesting news this month from the SBTi Board, which indicated SBTi would potentially allow the usage of carbon credits to mitigate Scope 3 emissions. After some pushback, including that the Board had not followed the right process in adopting this change, SBTi has clarified that it has not committed to any specific approach going forward, and the market is left waiting for further updates on the matter. You can read more here. While it remains uncertain whether carbon credits will be allowed, it is encouraging to see an increasing recognition that carbon credits have an important role to play in the all-of-the-above strategy we need to decarbonize.

The US announced it will release guidelines for the use of carbon credits to build confidence in the markets, further confirming the carbon markets as a critical tool to combat climate change.?

The Integrity Council of the Voluntary Carbon Market announced the Core Carbon Principles (CCPs). While the CCPs framework and forthcoming label will help provide greater clarity around high-quality carbon credits, the methodology will take months to implement.?

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