Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-cd9895bd7-fscjk Total loading time: 0 Render date: 2024-12-22T09:55:55.719Z Has data issue: false hasContentIssue false

4 - Corporate Net-Zero-Carbon Transitions

from Part II - Net-Zero-Carbon Transitions

Published online by Cambridge University Press:  07 December 2023

Jay S. Golden
Jay S. Golden
Affiliation:
Syracuse University, New York
Get access

Summary

Corporations around the globe are committing to a net-zerocarbon transition. This chapter explains what that means and the pathways and tools being used to achieve this goal.

Keywords

net-zero carbonSecurities and Exchange Commissionscience-based targetsscope 123 emissionscarbon credits
Type
Chapter
Information
Dynamic Sustainability
Implications for Policy, Markets and National Security
 , pp. 43 - 58
Publisher: Cambridge University Press
Print publication year: 2023

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Procter and Gamble (2021). P&G Accelerates Action on Climate Change toward New Zero GHG Emissions by 2040. September 14. https://us.pg.com/blogs/net-zero-by-2040.Google Scholar
Allen, M., Frame, D., Huntingford, C. et al. (2009). Warming caused by cumulative carbon emissions towards the trillionth tonne. Nature, 458: 1163–1166. https://doi.org/10.1038/nature08019.CrossRefGoogle ScholarPubMed
Allen, M. (2021). The World Has Made More Progress on Climate Change Than You Might Think – Or Might Have Predicted a Decade Ago. The Conversation. November 15. https://theconversation.com/the-world-has-made-more-progress-on-climate-change-than-you-might-think-or-might-have-predicted-a-decade-ago–171787.Google Scholar
United Nations Framework Convention on Climate Change (2015). The Paris Agreement. https://unfccc.int/files/meetings/paris_nov_2015/application/pdf/paris_agreement_english.pdf.Google Scholar
McKinsey and Company (2022). Understanding the SEC’s Proposed Climate Risk Disclosure Rule. June 3. www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/understanding-the-secs-proposed-climate-risk-disclosure-rule.Google Scholar
US Securities and Exchange Commission (2022). The Enhancement and Standardization of Climate-Related Disclosures for Investors. www.sec.gov/rules/proposed/2022/33-11042.pdf.Google Scholar
US Securities and Exchange Commission (n.d.). Existing Regulatory Protections Unchanged by either H.R. 3606 or S.1993. www.sec.gov/info/smallbus/acsec/ongoinginvestorprotections.pdf.Google Scholar
Science Based Targets (2016). Definition of Science Based Targets and Eligibility Criteria. https://sciencebasedtargets.org/resources/legacy/2017/01/EligibilityCriteria.docx.pdf.Google Scholar
United Nations (2022). Climate Action. www.un.org/en/climate-action/science-based-emissions-targets-heighten-corporate-ambition.Google Scholar
World Resources Institute (2022). Greenhouse Gas Protocol: Corporate Value Chain (Scope 3) Accounting and Reporting Standards: Supplement to the GHG Protocol Corporate Accounting and Reporting Standard. https://ghgprotocol.org/sites/default/files/standards/Corporate-Value-Chain-Accounting-Reporing-Standard_041613_2.pdf.Google Scholar
Energy Link (2021). Which States Allow Power Purchase Agreements (PPAs)? www.ysgsolar.com/blog/power-purchase-agreements-state-state-ysg-solar.Google Scholar
CNBC (2021). Climate Experts Are Worried about the Toughest Carbon Emissions for Companies to Capture. August 18. https://tinyurl.com/3z69h9nj.Google Scholar
Deloitte (2022). Scope 1, 2 and 3 Emissions: What You Need to Know. www2.deloitte.com/uk/en/focus/climate-change/zero-in-on-scope-1-2-and-3-emissions.html.Google Scholar
World Economic Forum (2021). Net-Zero Challenge: The Supply Chain Opportunity. Insight Report in collaboration with the Boston Consulting Group. January. www3.weforum.org/docs/WEF_Net_Zero_Challenge_The_Supply_Chain_Opportunity_2021.pdf.Google Scholar
GHG (2013). Greenhouse Gas Protocol Technical Guidance for Calculating Scope 3 Emissions (v1). https://ghgprotocol.org/sites/default/files/standards/Scope3_Calculation_Guidance_0.pdf.Google Scholar
Massachusetts Institute of Technology (2020). Carbon Offsets. MIT Climate Portal. https://climate.mit.edu/explainers/carbon-offsets.Google Scholar
Bloomberg (2022). Carbon Offsets Price May Rise 3,000% by 2029 under Tighter Rules. March 2. www.bloomberg.com/professional/blog/carbon-offsets-price-may-rise-3000-by-2029-under-tighter-rules.Google Scholar
The Economist (2020). The Great Disrupter: Climate Change Is about to Upend the Corporate World. Firms Must Reach. September 19. www.economist.com/special-report/2020/09/17/the-great-disrupter.Google Scholar
Financial Times (2022). The Carbon Offset Market Is Falling Short. Here’s How to Fix It. May 4. www.ft.com/content/32b1a051-7de6-4594-b31b-753e78aefde1.Google Scholar
Fortune (2022). Global 500. https://fortune.com/company/unilever/global500.Google Scholar
Unilever (2021). Climate Transition Action Plan. https://assets.unilever.com/files/92ui5egz/production/bbe89d14aa9e0121dd3a2b9721bbfd3bef57b8d3.pdf/unilever-climate-transition-action-plan-19032021.pdf.Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×