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ACCELERATING THE TRANSFORMATION OF ORGANISATIONS TOWARDS SUSTAINABILITY THROUGH CARBON CREDITS AND OFFSETS

Bertorini, Stefano (2022) ACCELERATING THE TRANSFORMATION OF ORGANISATIONS TOWARDS SUSTAINABILITY THROUGH CARBON CREDITS AND OFFSETS. Master thesis, Sustainable Entrepreneurship (SE).

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Abstract

One of the most important issues to keep the planet and us in a safe space is to reduce global CO2 emissions. The responsible use of carbon credits can contribute to this decarbonisation race. The aim of this paper is to explore new ways in which carbon credits and offsets can be integrated into the business model innovation process of organisations in order to balance and increase their overall social, environmental, and economic performance. The research methodology selected was Design Science. A tool, turned into questions, was designed and tested. From the results, the Co-benefit concept emerged. This is any other social, environmental or economic value created through a carbon credit project, separate from offsetting via reduced, avoided or removed CO2. It can also be understood as a side effect, consequence or extra effect of a carbon project. To innovate as desired using carbon credits it is necessary to identify and assess the intrinsic and Co-benefit values created in carbon credit projects and evaluate, innovate and think of creative ways so the company itself, other companies, clusters, communities and the environment can capture some of that created value. Companies can start looking proactively for Co-benefits in other innovations and activities, not just carbon credits, to remain profitable, or even generate more revenues, while contributing in new ways to People and the Planet.

Item Type: Thesis (Master)
Name supervisor: Long, T.B. and Fath-Kolmes, E.M.
Date Deposited: 09 Sep 2022 10:26
Last Modified: 09 Sep 2022 10:26
URI: https://campus-fryslan.studenttheses.ub.rug.nl/id/eprint/188

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