Corporate emission performance and the use of carbon credits
This report from MSCI finds that companies using carbon credits decarbonise on average twice as fast as those that do not use carbon credits. Published in June 2023, this finding is based on the emissions data of 4,156 companies over five years. It revealed a statistically significant trend that companies using a material amount of carbon credits reduce emissions faster than those that do not. Companies using higher integrity credits were found to be cutting their emissions quicker than those with low integrity credits.