Microsoft Publishes Guide To Better Corporate CDR Claims

Microsoft Publishes Guide To Better Corporate CDR Claims - Carbon Herald

Microsoft, a noted purchaser of carbon dioxide removals (CDR), recently published a comprehensive guide aimed at helping corporate entities make more effective and impactful carbon claims. 

The guide provides a framework for aligning corporate carbon claims with government regulations, ultimately enabling a more widespread and efficient implementation of carbon removal technologies. 

By bridging the gap between corporate and national carbon claims, Microsoft hopes to streamline the process of reducing emissions and achieving sustainability goals.

The company, drawing on its significant experience in corporate CDR, notes that it sees global carbon accounting systems as a growing obstacle, if not a complete hindrance, for companies looking to increase investments in line with the Intergovernmental Panel on Climate Change (IPCC) 1.5°C targets. 

Relevant: Microsoft And Neustark Ink New Carbon Removal Purchase Deal

Instead, the report argues that enhancing transparency regarding corporate claims on CDR could facilitate alignment with Nationally Determined Contributions (NDCs).

The suggestion is for private sector entities to include CDR in their voluntary commitments or declarations on a global scale (such as global net-zero targets instead of specific country-level claims) and then disclose the amounts and countries where CDR is being implemented to align private sector and national-level commitments.

In the same way that net zero targets relate to emissions generated on a global level, businesses have the option to buy CDR from projects around the world to support these climate targets. 

Read more: Microsoft Invests In Innovative CO2 Removal Project By Bio-Logical

When a company purchases credits, they gain ownership of the removals, while countries record them based on location. In the guide, Microsoft suggests openly disclosing the origins and countries of each credit (which could impact a global declaration) to establish a direct connection between the company’s inventory and the national records for each credit.

In a world where consumers and investors are increasingly demanding transparency and accountability from businesses, the CDR Guide by Microsoft serves as a valuable resource for companies striving to meet these expectations.

If widely adopted, these methods are expected to boost the funding and advancement of CDR initiatives by providing clarity on claims and connectivity. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
Translate »