An innovative approach to sustainability accounting this week resulted in a major deal between global law firm Clyde & Co and Nature Broking. Capitalising the firm’s investment as a balance sheet asset rather than a profit-and-loss expense, Nature Broking is set to manage a strategic portfolio for a multi-year carbon removal credit procurement programme. It has secured supply to be delivered in 2038 for residual emissions. The five-year partnership addresses 10,000 tonnes per year of projected residual emissions from 2038. Positioning Clyde & Co ahead of emerging regulatory requirements, the deal anticipates the Science Based Targets initiative’s (SBTi) recently updated…
Read MoreClyde & Co partners with Nature Broking with pioneering balance sheet treatment that transforms sustainability investment from cost to asset
