Companies are coming under increasing pressure to set – and meet – climate goals, according to Nasdaq’s 2023 Global Net Zero Pulse survey of 200+ ESG and sustainability professionals, among other respondents, across the globe. The Nasdaq ESG Advisory team conducted the survey to assess the role carbon-removal credits play in corporate net-zero strategies.
Corporates are the primary source of demand for carbon-removal credits and corporate buyer preferences play a crucial role in the evolution of the voluntary carbon market. The team found that net-zero targets will be difficult to meet without the help of carbon dioxide removal (CDR) credits.