Nature Broking CEO Luke Baldwin explains his hopes for climate and nature in 2025
Last week the team at Nature Broking put out a post about our hopes for 2025.
My hope was for “real corporate engagement... that corporate net zero journeys urgently recognise the risk associated with a lack of supply of carbon removals and start to build carbon removal strategies for the long-term.”
This would lead to a real step-change – the ambitious climate action the world needs.
Since the inception of Nature Broking in early 2023, I have realised that many companies can be put off venturing into the Voluntary Carbon Market (VCM) to offset their unavoidable residual emissions due to lack of expertise in this complex marketplace and fear of reputational damage from potentially low integrity credits.
Corporates venturing into the VCM therefore require a lot of guidance and potentially education in order to feel comfortable about their carbon credit choices, the attendant risk management, and the role these offsets will play in the future achievement of their Net Zero targets.
In addition, the Corporate Sustainability officer can experience a lack of interest and engagement at Exec and Board level which makes it difficult to make long-range decisions on carbon mitigation.
In 2025 I intend to continue spreading the word to businesses that this is the year to ACT –
· get in early and benefit from lower carbon purchase prices and the cream of the high-impact carbon credit supply
· get ahead of the game with planning for future mitigations (we have spoken to companies exploring this from 2040 onwards)
· make use of experts like the team at Nature Broking to help you make decisions which ensure (and insure) no risk to your reputation now or in the future.
Climate change is not going to go away so the best thing to do is make this the year to ACT NOW.