Removal-based carbon-offset credits purchased worldwide 2020-2022, by select company

Published by Statista Research Department, Feb 13, 2024

Between 2020 and 2022, eight of the top 50 companies worldwide based on revenue purchased 3.11 million removal-based carbon offset credits. The majority of these removal-based offsets were from tree-planting projects, with just a small number based on biochar projects. Shell and Microsoft purchased the highest volume of removal-based credits during this time, at 0.88 and 0.65 million, respectively. 

Total volume of carbon-offset credits based on CO₂ removal purchased worldwide by selected major companies between 2020 and 2022 (in millions)

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Release date

September 2023

Region

Worldwide

Survey time period

2020 to 2022

Special properties

Each carbon-offset credits is equivalent to one metric ton of CO₂

Supplementary notes

Total volume of carbon offsets retired by the top 50 companies, by revenue, with net-zero targets between 2020 and 2022. 

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Topics

Carbon removalGlobal climate changeCarbon capture and storageGreenhouse gas emissions worldwideA stark warning for the climate crisis
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