pricing factors lesson on book

Outlook on the voluntary carbon market

Any company’s decarbonisation strategy must start with avoiding and reducing emissions in its operations and supply chains. However, carbon markets and the ability to offset emissions is also a vital part of the solution. Through such measures, businesses and consumers are able to put a price on their emissions, make choices about how to best tackle them, and to provide an effective source of financing to net-zero, and even negative, emissions solutions.

To better understand the current sentiment towards carbon offsets, as well as the associated hurdles the voluntary market needs to overcome, we surveyed more than 100 sustainability managers across industries and geographies. Based on these insights, we have outlined potential future market characteristics and scenarios for growth.

After COP26: the voluntary carbon market and your offsetting strategy

Katie Sullivan, MD of IETA, joins Shell, BCG, and The Nature Conservancy to discuss the top takeaways from COP26, the impact those decisions will have on the development of a high-quality, scaledup voluntary market, and what that means for companies as they build their carbon credit strategies.

A strategic approach to using carbon credits

carbon nature based book

Building on the insights of “An outlook on the voluntary carbon market”, this report sets out a practical approach to participating in the voluntary carbon market.

We share market knowledge and experience gleaned from over 100 interviews, presenting a framework for companies as they develop offsetting strategies.

The report addresses some of the key questions businesses are asking today:

  • How might carbon credits fit into my wider decarbonisation plan?
  • What’s the best procurement strategy for me, and when?
  • What’s the best operating model for using carbon credits?
carbon nature based book

Ensuring high-quality nature-based carbon credits

Nature-based solutions can make an important contribution to our ambition to be a net-zero emissions energy business by 2050, or sooner. We are investing in protecting and restoring natural ecosystems, to both help restore the natural world and its rich biodiversity, and offer a medium-term solution for balancing emissions that cannot be immediately abated. Through this report, we share what we have learnt over the past few years while doing this. We have also tried to provide an overview of the steps we take to ensure real and verifiable credits, in addition to the important work being done by the certification standards and project developers. We hope that this can help support efforts for consistent application of high standards across the market.

Our climate target

In tackling climate change, the focus is increasingly on limiting the global temperature rise to 1.5° Celsius. Shell supports this ambition.

Powering Progress

Powering Progress sets out our strategy to accelerate the transition of our business to net-zero emissions.