New Net Zero Marketplace connects buyers with ecopreneurs in a trusted, transparent carbon credit platform to scale climate-positive impact
Carbon credit providers Climate Impact Partners, Cloverly, Lune, Pachama, Native, Respira
International, and South Pole; third-party rating companies Calyx Global and Sylvera; and curated climate portfolio provider CO2.com join us as inaugural partners
Ushers in a new era of carbon credit market transparency by aggregating third-party ratings and pricing for projects
San Francisco, NFAPost: Salesforce (NYSE: CRM), the global leader in CRM, introduced Net Zero Marketplace, a trusted platform that makes carbon credit purchases simple and transparent, allowing organizations to accelerate climate positive impact at scale.
The global voluntary carbon market is estimated to grow to $50B by 2030 as many organizations race to achieve their net zero commitments. Yet, organizations may not always know how to build a carbon credit portfolio — or even where to start. What’s more, the path to purchasing carbon credits is complex, and buyers want to trust that the carbon credit projects have a positive impact.
Net Zero Marketplace, built on Salesforce’s Commerce Cloud, connects buyers and ecopreneurs — environmentally-focused entrepreneurs who lead and drive climate action worldwide — offering a catalog of third-party rated carbon credits and a seamless ecommerce experience for purchasing them. Net Zero Marketplace also features a climate action hub where anyone — businesses or individuals — can learn about climate issues.
Salesforce EVP and Chief Impact Officer Suzanne DiBianca said the uptick in extreme weather events shows that no one is spared from climate change — we need smart climate solutions now.
“Businesses aiming to achieve long-term emission reductions can complement their efforts with high-quality carbon credits. Net Zero Marketplace brings together Salesforce’s values, technology, and commitment to ecopreneurs to accelerate climate action,” said Salesforce EVP and Chief Impact Officer Suzanne DiBianca.
Long-term emissions reductions
We are at an all-of-the-above moment in the climate crisis. Carbon credits are one important tool that when made and used well can play a critical role in an organization’s comprehensive climate strategy.
Former Executive Secretary, UN Convention on Climate Change and co-host, Outrage and Optimism Christiana Figueres said the first step of anyone’s net zero journey is clearly reducing emissions.
“But we now know that reducing self-generated emissions is not going to be enough. We’re at a moment in the climate emergency in which we need to put everything on the table. Carbon credits are a way to incentivize further emissions reductions by placing a price on carbon and making an impact now, while other climate efforts are also underway,” said Former Executive Secretary, UN Convention on Climate Change and co-host, Outrage and Optimism Christiana Figueres.
Carbon credit projects go through a series of independent verifications against global standards. If they pass the verification process, the projects can issue carbon credits that can then be sold. Projects can include forest conservation, tree planting, wind farms, solar cookstoves, or better farming methods.
Partners bring innovation, scale, and ratings to trusted platform
Finding and verifying a carbon credit’s quality can be difficult and time-consuming. Net Zero Marketplace eliminates the uncertainty by aggregating and publishing third-party ratings for projects not locked behind paywalls or account registrations. This level of transparency helps empower organizations to determine which carbon credits are best for them.
New partners announced today include ecopreneurs who bring innovative, diverse projects to support decarbonization and trusted ratings companies with expertise in identifying projects that deliver real climate benefits.
Sylvera Cofounder and COO Sam Gill said Sylvera and Salesforce share the same mission of bringing transparency and trust to carbon markets to drive real climate impact.
“Quality carbon projects are a powerful and necessary tool to fight climate change, but reliable data and investment is needed to unlock their full potential. With Sylvera’s ratings, Net Zero Marketplace users can discover projects that deliver real climate benefits,” said Sylvera Cofounder and COO Sam Gill.
South Pole CEO Renat Heuberger said partnering with Salesforce to create this Marketplace will turbocharge climate action and empower every company — large and small — to take responsibility for its emissions.
“We are proud to provide high quality offsets to clients who understand the value of compensating for their impact on the environment. There is no time to waste, let’s take action today,” said South Pole CEO Renat Heuberger.
At launch, Net Zero Marketplace will offer nearly 90 projects across 11 countries throughout Africa, Australia, Europe, Latin America, and the United States. Buyers will be able to see project descriptions, alignment with the UN Sustainable Development Goals, and, for many, official third-party ratings.
Net Zero Marketplace offers carbon credit purchase to any organization
Any organization can access Net Zero Marketplace and buy carbon credits. For organizations currently using Net Zero Cloud, Salesforce’s carbon accounting solution, the credits are also easily integrated into the platform and will be tracked against their current emissions. Buyers will also get updates on project progress, which will encourage reinvestment.
More information:
● Net Zero Marketplace will be available for carbon credit purchases in the United States starting in October 2022, and will be expanding to additional markets in 2023.
● Learn more about Salesforce’s carbon credit journey.
● Learn how Salesforce continues to advocate for ambitious climate policy with newly-published nature policy priorities.
● New Salesforce research reveals that 82% of employees want to help their company reach climate goals
● Read about three Salesforce employees who changed careers to support sustainability efforts.
