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Last week, the Board of Trustees of the Science Based Targets initiative (SBTi) announced that they will recognise the responsible use of carbon credits and other environmental attribute certificates toward a portion Scope 3 emissions for achieving net-zero targets. This is a significant milestone for the market, not just for companies with ambitions to decarbonise,...
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VCM spot volume experienced an uptick last week, largely due to acquisitions from Australian firms gearing up for end-of-month and annual reporting obligations, according to Xpansiv data. These purchases contributed to a total CBL spot VCM volume of 394,632 metric tons, a notable increase from the previous week’s tally of just under 120,000. Xpansiv provides robust...
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