As featured in GreenBiz, Two of our clients - Carmel Mcquaid of Marks & Spencer, and Sean Kinghorn of Intuit - explore the business opportunity in going carbon neutral, and how to ‘get it right’. With COP21 underway in Paris, carbon neutrality represents a crucial part of the global response to climate change, demonstrating a commitment to meaningful targets. Version 10 of The CarbonNeutral Protocol has just been released, providing a robust, credible framework for businesses making carbon neutral commitments.
As part of its ongoing commitment to carbon neutrality, the firm is partnering with Natural Capital Partners to support an innovative 10-year community reforestation project in Sub-Saharan Africa. The project will be working with approximately 8,000 famers in Uganda and Kenya to plant two million trees that will sequester 220,000 tonnes of carbon dioxide over the next 10 years. Freshfields’ Reforestation in East Africa Programme (REAP) will not only offset the firm’s global carbon footprint, but also deliver a number of important sustainable development benefits to the local communities.
Microsoft has been recognised for its innovative carbon fee model with a Momentum for Change award from the UNFCCC. Microsoft’s carbon fee is used to fund its carbon neutral program which includes working with Natural Capital Partners to support a portfolio of carbon finance projects around the world. The Momentum for Change award is given to some of the most innovative and replicable examples of climate action to accelerate the transition to a low-carbon economy.
Natural capital accounting is becoming a key consideration for business. In our first natural capital webinar, Jonathan Shopley and Simon Brown explore the evolution of our business; the history, application and development of natural capitalism, and how we approach supporting clients to have measurable, positive influence on natural capital.Read more
Jonathan Shopley examines the evolution of the voluntary carbon market – and anticipates a critical role in a post-Paris world. Read more...