U.S. oil giant, Chevron, retired around six million carbon offset credits from major voluntary carbon registries between 2020 and 2022. The majority of these credits were linked to carbon offset programs in Colombia, a country in which Chevron has a history of oil-and-gas exploration. Many major global companies rely on carbon offsets to reach net-zero emissions and meet their climate targets.
Total volume of carbon offset credits retired by major companies worldwide between 2020 and 2022
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Carbon-offset credits in millions
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Carbon Brief. (September 28, 2023). Total volume of carbon offset credits retired by major companies worldwide between 2020 and 2022 (in millions) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1478098/total-carbon-offset-credits-purchased-worldwide-by-select-company/
Carbon Brief. "Total volume of carbon offset credits retired by major companies worldwide between 2020 and 2022 (in millions)." Chart. September 28, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1478098/total-carbon-offset-credits-purchased-worldwide-by-select-company/
Carbon Brief. (2023). Total volume of carbon offset credits retired by major companies worldwide between 2020 and 2022 (in millions). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1478098/total-carbon-offset-credits-purchased-worldwide-by-select-company/
Carbon Brief. "Total Volume of Carbon Offset Credits Retired by Major Companies Worldwide between 2020 and 2022 (in Millions)." Statista, Statista Inc., 28 Sep 2023, https://www.statista.com/statistics/1478098/total-carbon-offset-credits-purchased-worldwide-by-select-company/
Carbon Brief, Total volume of carbon offset credits retired by major companies worldwide between 2020 and 2022 (in millions) Statista, https://www.statista.com/statistics/1478098/total-carbon-offset-credits-purchased-worldwide-by-select-company/ (last visited September 01, 2024)
Total volume of carbon offset credits retired by major companies worldwide between 2020 and 2022 (in millions) [Graph], Carbon Brief, September 28, 2023. [Online]. Available: https://www.statista.com/statistics/1478098/total-carbon-offset-credits-purchased-worldwide-by-select-company/