This business brief is intended for companies that are considering the purchase of voluntary offsets for their greenhouse gas (GHG) emissions. It offers clear steps that guide early assessments and enable corporate decision makers to become educated consumers within voluntary carbon markets.
The voluntary carbon market, which represents volume of well over $100 million, gives companies the tools to prepare for and demonstrate leadership beyond regulation on GHG emissions.1 The market is growing fast, perhaps doubling on a per annum basis. It is meanwhile broadening to include new types of instruments and more diverse participants. As standards emerge, the "rules of engagement" are evolving.