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Usage of carbon credits tipped to increase as more businesses target net zero

Usage of carbon credits tipped to increase as more businesses target net zero

Carbon credits will play an important role in helping many businesses to become carbon neutral, according to the Commonwealth Bank.

by Shared from Investor Daily | Aug 16, 2022

Usage of carbon credits tipped to increase as more businesses target net zero

A new report from the Commonwealth Bank (CBA) has predicted that the use of Australian Carbon Credit Units (ACCUs) will increase due to the rising number of net zero commitments from Australian businesses.

The bank said that Climate Active certification, which is given to entities or products which have credibly reached net zero emissions, would be a key driver of the increased demand.