Carbon Credit Advisory
In 2022, 23.7% of the world’s emissions improvements were covered by carbon credits, and revenue from carbon pricing reached roughly $84 billion. By 2027, the carbon credit market is expected to reach $2.4 trillion. Companies with sustainable solutions to outdated alternatives are seizing the day and taking advantage of this game-changing opportunity.
Boundless advises companies on their carbon management and accounting strategies, and how to add to their bottom line using carbon credits. We provide answers so you can focus on growing your business.
Capitalize on Carbon Reduction
As carbon credits become further integrated into the economy and their financial value rises, high quality GHG emission reporting has become increasingly crucial. Boundless can provide the independent and verified analysis you’ll need to meet carbon credit standards and maximize the opportunities.
Certification strategy
The carbon credit application process requires science-based data collection and validation similar to traditional Life Cycle Assessment. Boundless guides companies through this process to ensure they have the data and analytics they need to get certified and to remove the friction from a cumbersome process.
Carbon cost-benefit analysis
Taking advantage of carbon credits can often incur extra costs. For example, switching from diesel fuel to hydrogen will increase your operating cost but also increase your ability to obtain carbon credits. Boundless specializes in identifying the optimal balance of these costs and opportunities.
Third party assurance
When you work with Boundless, you receive top-tier scientific expertise from our team, and additional help from industry experts. Your data and analytical model are tested and validated by independent and objective third parties so that your results are audit-ready, fully compliant and executed at the highest professional standards.
The concept of additionality
Additionality requires that GHG emission reductions and removals must exceed (ie, be additional to) what would have been achieved under the business-as-usual scenario.
For example, an airline trying to offset its carbon footprint might give a million dollars to forest conservation. But if the forest would exist regardless of that contribution, then the effort is not “additional” in efforts to fight climate change. However, if the airline instead spent the million dollars to plant one million trees, this would count as additional carbon reduction. Consumers, investors and other watchdogs are increasingly checking whether emission reduction claims provide this “additionality.”
We help you assess these options.
Hear it from our customers:
“Boundless’ assessments are both rigorous and customer-friendly - their team went the extra mile to give us a comprehensive and user-friendly report”