Building a science-aligned carbon procurement strategy
Last updated: 14 Mar 2023
The voluntary carbon market can be complex to navigate. Yet, carbon credits play a role in voluntary climate commitments, whether it is to reach carbon neutrality or to neutralise emissions to reach net zero in line with the Science Based Targets initiative.
How, when and what to procure are questions that many companies are starting to consider. To help companies answer them our team has developed a 10-step guide.
Join our upcoming procurement webinar
Join our webinar on the 28th of March where our team will present the guide and go through several implementation strategies.
We will also look at the main approaches companies are taking, how to set a budget, tackle quality challenges, and how to secure buy-in from internal stakeholders.
About the guide
The guide is sector-agnostic and does not prescribe a specific strategy for companies to adopt. Instead, it provides a range of options for companies to consider, from the scope of their procurement efforts to the best way to finance their strategy.
In this report
- Why build a carbon credit procurement today
- Key principles for a science-aligned strategy
- 10 recommended steps
- Beyond carbon, nature positive and biodiversity commitments
Abatable is a market intelligence and carbon procurement platform connecting corporate buyers, carbon project developers and intermediaries. Abatable is working on building a repository of national assessments based on the framework presented in this paper. If you would like to learn more or collaborate, do get in touch!