#ESG factors

[beingjellybeans]

Sun Life: Empowering Advisors, Promoting Sustainability, and Making a Difference in Communities

Sun Life, a leading financial services company, has been making significant strides in various areas, from empowering its advisors to promoting sustainability and making a positive impact in communities. Through a series of recent accomplishments, Sun Life has showcased its commitment to excellence, innovation, and social responsibility. Empowering Advisors for Success Over 200 Sun Life…

[global-insights]

ESG: Is an Investment Strategy or a Path to Creating a Sustainable World?

This article explores the concept of Environmental, Social, and Governance (ESG) investing and whether it should be viewed as an investment strategy or a means to create a sustainable world. It discusses the rise in popularity of ESG investing, its benefits and challenges, and how it differs from traditional investment approaches. The article also highlights the importance of ESG factors in driving positive social and environmental outcomes, and how investors can play a role in promoting sustainability through their investment decisions. Overall, the article provides insights into the growing trend of ESG investing and its potential to contribute towards a more sustainable future.

[m1nxt]

Unlocking Sustainability: A Guide to Trade Receivables Securitization

Navigating the landscape of trade while upholding sustainability has become crucial in today's business environment, especially since there’s been more awareness about sustainable supplier finance. Traditional financing methods may not always align with your sustainability goals. At M1 NXT, a supply chain platform specialising in international transactions, they provide innovative solutions that bridge the gap between financial viability and environmental responsibility. This guide explores the solution of trade receivables securitization.

What is Trade Receivables Securitization?

Trade receivables, which are invoices owed to your company by customers, play a significant role in its working capital. However, waiting for payments can strain cash flow. Trade Receivables Securitization unlocks the value of these receivables by converting them into assets.

In this process, you begin by selling a pool of validated trade receivables to a purpose vehicle (SPV), an entity established for this purpose. The SPV creates securities backed by pool purchase receivable finance. Investors purchase these securities, providing you with cash liquidity. As your customers settle their invoices, the funds received are directed back to the SPV. The SPV uses these funds to repay investors their investment amount along with a profit.

Sustainability and Trade Receivables Securitization: A Winning Combination

By incorporating sustainability into trade receivables securitization, businesses can not only gain immediate financial benefits but also promote sustainable practices across their global supply chains. This approach allows companies to utilise released capital from invoices for eco-packaging, energy-efficient methods, and partnerships with ethically responsible suppliers.

Including sustainability principles in supply chain finance strategies like ESG in factoring and supply chain finance encourages practices among suppliers, fostering connections and a more sustainable environment. Deep tier supply chain finance solutions provide financing advantages to suppliers, encouraging cooperative and sustainable partnerships.

The thorough due diligence processes inherent in trade receivables securitization enhance transparency within the supply chain, empowering businesses to proactively address sustainability risks.

Key Considerations for Successful Trade Receivables Securitization

Embarking on trade receivables securitization offers an opportunity to boost cash flow and sustainability endeavors. However, achieving success requires planning and consideration of factors. One crucial aspect is the creditworthiness of your customer base, as it directly impacts the attractiveness of your receivables pool to investors.

Having a mix of receivables from customers and industries not only reduces risks but also makes your business more appealing to investors. Their expertise allows them to assist in creating a balanced portfolio that maximises diversification while keeping things manageable.

Paying attention to transaction expenses, including structures, rating agencies, and SPV servicing fees, is crucial. M1 NXT provides breakdowns of costs. They work with you to optimise the setup, ensuring that the benefits outweigh the costs.

Understanding the regulations related to trade receivables securitization requires the expertise and diligence qualities that M1 NXT possesses in managing compliance with laws in different regions.

Broadening Your Trade Finance Options

While trade receivables securitization is a tool for promoting sustainability in trade finance strategies, it is just one aspect of a wider range of solutions available to businesses. Exploring alternatives can strengthen your commitment to sustainability.

Using blockchain technology provides an opportunity to increase transparency within your supply chain. By harnessing the unchangeable record-keeping features of technology, you can effectively trace the origins of materials and uphold ethical sourcing practices from your suppliers.

Collaborating with organisations focused on ESG in factoring and supply chain finance allows for partnerships with entities dedicated to advancing sustainability in trade. Whether through industry groups, non-profit organisations, or certification bodies, such partnerships offer resources, expertise, and connections to networks of businesses with sustainability aims.

M1 NXT, Your Ally in Sustainable Trade Financing

M1 NXT recognises the challenges and opportunities faced by businesses operating on a large scale. Their Pool Purchase Receivable Finance solution utilises Trade Receivables Securitization to unlock the liquidity potential of your invoices while promoting a trading environment.

What sets them apart is their ability to facilitate cross border transactions while adeptly navigating the complexities of international trade. No matter where you are located or where your customers are based, they ensure execution at every stage.

Their steadfast dedication to sustainability makes them stand out. They provide tailored solutions that align with your environmental, social, and governance (ESG) objectives, empowering you to nurture a supply chain.

By using their user platform, they simplify the entire process of trade receivables securitization, offering real-time transaction data, easy invoice management, and valuable insights into your cash flow.

Promoting a Future

When you choose to implement trade receivables securitization with a focus on sustainability, you can achieve a win-win scenario. You not only gain access to working capital for growth but also support responsible practices in your global supply chain. M1 NXT is available to assist you at every stage of the process.

Creating a Sustainable Future through Transactions

By adopting trade receivables securitization and integrating sustainable financial practices, you can initiate positive changes across your global trade network. M1 NXT is dedicated to collaborating with businesses like yours to unlock opportunities while promoting a responsible and sustainable future for international trade.

Conclusion

Trade receivables securitization proves to be a tool for companies looking to boost their liquidity while advancing sustainability objectives within their global supply chains. With its proficiency in supply chain solutions, M1 NXT provides a holistic approach to maximising the potential of trade receivables and encouraging responsible practices.

By incorporating sustainability values into their trade finance approaches, companies can enhance their liquidity while also championing conscious projects and responsible sourcing across all business activities. By partnering with M1 NXT, businesses can confidently manage the intricacies of transactions, fostering transformations and contributing to a sustainable future through each transaction. 

[eecorpgorv]

It is very important for a company to have a mechanism to receive and respond to consumer complaints and feedback. Does your company have one? Read the full survey here: https://lnkd.in/dp8eN43E

[johnsmithrewind]

At Patel Capital, we are committed to integrating Environmental, Social, and Governance ESG factors into our business practices and investment decisions.

[hugecount]

ESG Investing Trends: What to Watch in the Market | HugeCount

Investing based on Environmental, Social, and Governance (ESG) factors has evolved from being a niche segment to becoming an essential part of the global financial landscape. This shift towards responsible investment practices has its roots in growing public concern over environmental and social issues, and the widespread recognition that corporations play a significant role in […]

Source: https://hugecount.com/uncategorized/esg-investing-trends-what-to-watch-in-the-market/

[corpseedgroup]

ESG stands for Environmental, Social, and Governance, and it refers to a framework that evaluates the sustainability and ethical impact of a company or investment. ESG metrics are quantitative and qualitative measures used to assess a company's performance in these areas. Here's a brief overview of each component of the ESG framework:

[busstalks]

Best 10 Business Strategies for year 2024

In 2024 and beyond, businesses will have to change with the times and adjust their approach based on new and existing market realities. The following are the best 10 business approach that will help companies to prosper in coming year

1. Embrace Sustainability

The days when sustainability was discretionary are long gone. Businesses need to incorporate environmental, social and governance (ESG) values into their business practices. In the same vein, brands can improve brand identity and appeal to environmental advocates by using renewable forms of energy or minimizing their carbon footprints.

Example: a fashion brand can rethink the materials to use organic cotton and recycled for their clothing lines. They can also run a take-back scheme, allowing customers to return old clothes for recycling (not only reducing waste but creating and supporting the circular economy).

2. Leverage AI

AI is revolutionizing business operations. Using AI-fuelled solutions means that you can automate processes, bring in positive customer experiences, and get insights. AI chatbots: AI can be utilized in the form of a conversational entity to support and perform backend operations, as well.

With a bit more specificity, say for example that an AI-powered recommendation engine recommends products to customers based on their browsing history and purchase patterns (as the use case of retail). This helps to increase the sales and improve the shopping experience.

3. Prioritize Cybersecurity

Cybersecurity is of utmost important as more and more business transitions towards digital platforms. Businesses need to part with a more substantial amount of money on advanced protective measures so that they can keep sensitive data private and continue earning consumer trust. Regular security audits and training of employees can reduce these risks.

Example: A financial services firm may implement multi-factor authentication (MFA) for all online transactions, regularly control access to Internet-facing administrative interfaces and service ports as well as the encryption protocols to secure client data from cyberattacks.

4. Optimizing Remote and Hybrid Working Models

Remote / hybrid is the new normal Remote teams force companies to implement effective motivation and management strategies. Collaboration tools and a balanced virtual culture can improve productivity and employee satisfaction.

- Illustration: a Tech company using Asana / Trello etc. for pm to keep remote teams from falling out of balance. They can also organise weekly team-building activities to keep a strong team spirit.

5. Focus on Customer Experience

Retention and growth of the sales follow-through can be tied to high quality customer experiences. Harness data analytics to deepen customer insights and personalize product offers making your marketing campaigns personal: a customer support that is responsive enough can drive a great level of returning customers.

Example – For any e-commerce business, you can take user experience feedback tools to know about how your customers are getting along and make necessary changes. Custom email campaigns and loyalty programs can also be positively associated with customer satisfaction and retention.

6. Digitalization Investment

It is only the beginning of digital transformation which we all know, is key to global competitiveness. For streamlining, companies have to adopt the use advanced technologies such as Blockchain Technology and Internet of Things (IoT) in conjunction with cloud computing.

IoT example : real-time tracking and analytics to optimize supply chain management

7. Enhance Employee Skills

Develop Your Employees: Investing in employee development is key to succeeding as a business. The training is provided for the folks of various industries and so employees can increase their skills that are needed to work in a certain company. Employee performance can be enhanced by providing training programs in future technology skills and soft skills and job satisfaction.

Example: A marketing agency can host webinars or create courses to teach people the latest digital marketing trends and tools This can help to keep employees in the know which results in boosting their skills, making your campaigns successful.

8. Diversify Supply Chains

The ongoing pandemic has exposed the weaknesses of global supply chains. …diversify its supply base and promote the manufacturing of drugs in Nigeria to eliminate total dependence on a single source. In return, this approach increases resilience and reduces exposure to the risks of supply chain interruption.

- E.g., a consumer electronics company can source components from many suppliers in various regions. In so doing, this alleviates avoidable supply chain interruptions during times of political tensions or when disasters hit.

9. Make Decisions Based on Data

A business database is an asset for businesses. By implementing data, they allow you to make decisions based on the data that your analytics tools are providing. For example, sales analysis lets you track trends and better tailor your goods to the market.

Example: A retail chain can use data analytics to find out when a customer buys, and it change their purchasing policies. This can also reduce overstock and stockouts while overall, increasing efficiency.

10. Foster Innovation

Business Growth Innovation is Key A culture of creativity and experimentation should be established in companies. Funding R&D and teaming with startups can open many doors to both solve problems creatively but also tap into new markets.

Example: A software development firm could create an innovation lab where team members are freed to work on speculative projects. Moreover, work with start-ups on new technologies and solutions.

By adopting these strategies, businesses can navigate the turbulence for 2024 and roll up market — progressive.AI with an evolving dynamic market, being ahead of trends and updated is most likely will help you thrive in the business landscape.

[mariacallous]

Over the past week, airplanes made by Boeing have been involved in numerous incidents, including midair emergencies, leaking hydraulic fluid, a wheel falling off a plane as it took off, pilots losing control of the plane mid-journey, and a plane plummeting suddenly and injuring 50 people. As a result, right-wing influencers and far-right extremists are once again spreading the conspiracy that Boeing’s problems are all due to the airplane manufacturer's supposed embrace of diversity.

But this time around, they are going even further: Some are even claiming that the accidents are happening intentionally, and that Boeing is failing on purpose as part of a global conspiracy to bring down Western civilization and promote communism and countries like China.

These claims began earlier this year after a part of a Boeing-built Alaska Airlines plane blew off during a flight. Far-right figures claimed that airlines were now more dangerous, not because of faults with the production process, but because they forced diversity, equality, and inclusion (DEI) policies which, conspiracists claimed without any proof, resulted in putting unqualified flight crews in the cockpit. The same far-right figures are now claiming that Boeing’s support of environmental, social, and governance (ESG) policies and DEI have led to plummeting standards in the manufacturing process.

“Boeing … could be deliberately committing suicide as an organization,” James Lindsay, an anti-LGBTQ extremist who spreads conspiracy theories about communism taking over the world, said on the Joe Rogan Experience podcast released on Thursday. “It’s cutting corners, it’s locked in by this ESG/DEI stuff.”

“Isn’t United run by a drag queen?” Rogan asked on the podcast.

Lindsay went on to explain that a new Chinese plane called the Comac C919, which is virtually identical to the Boeing 737, was posed to be introduced as a replacement for the US-made plane. “So maybe you kill Boeing and you allow American manufacturing of high-quality aircraft to fall, and then the Chinese competitor is now the thing on the market that doesn't have this bad rap sheet and this risk factor, maybe it's big dirty international business that's actually happening,” Lindsay said.

The conspiracist also claimed, without proof, that executives at Boeing were allowing these accidents to happen in order to increase their own bonuses, awarded for implementing ESG policies.

On his own podcast on Thursday night, Donald Trump Jr. claimed that Boeing’s apparent demise as a result of diversity was a symbol of a broader collapse of Western civilization.

“This is American decline,” Trump Jr. said. “This is happening across our country. This is because of ridiculous policies, stupidity, DEI, and everything. This is what's happening to America in a broad-spectrum way.”

Boeing said that it was gathering more information about the incidents that took place over the past week, and has also repeatedly said that it was working to cooperate with a Department of Justice criminal investigation into the Alaska Airlines blowout. Additionally, the company’s latest diversity report, covering 2020 to 2022, shows that the company has not yet met the DEI goals it set for itself in relation to hiring women and Black people.

But this hasn’t stopped the Boeing conspiracy from being spread and celebrated by the wider right-wing community online.

On X (formerly Twitter), far-right radio host Glenn Beck posted a video of the C919 plane, with the comment “When [Boeing] goes down due to DEI, look who is waiting with the wings. CHINA.”

“Boeing is essentially sabotaging its own operations, similar to the chaotic retreat from Afghanistan orchestrated by President Biden, which allowed China to fill the void left by America,” Michael O’Fallon, a founder of a corporate travel agency, wrote on X in a post shared by both Lindsay and Beck.

It’s not just public figures spreading these conspiracies, either—the baseless allegations have filtered into all corners of the internet, including far-right message boards, Telegram channels, and X. “Commercial Airlines and Boeing should have never been brainwashed by the WOKE radicals into DEI training & hiring where diversity was prioritized over merit with no regard for passenger safety,” a right-wing account on X wrote this week.

On Telegram, a similar narrative was shared, including claims that this entire series of accidents was an effort to stop Americans from flying.

“I am under the impression that this whole DEI program is a way to self-sabotage the entire airline industry, which will in turn scare the hell out of people from flying,” John Sabal, a QAnon influencer, wrote on his Telegram channel. Sabal baselessly linked the accidents to a global plot to undermine Western democracies. “Notably, UN Agenda 2030 places quite a few restrictions on flying for the general population,” he said, “As if the Globalists do not want you traveling. It’s far past time to start asking some serious questions.”

[beingjellybeans]

Seizing bright opportunities with Sun Life's Sustainability-Driven VUL Fund

In a world where conscious investing is on the rise, Sun Life of Canada (Philippines), Inc. has unveiled an exciting opportunity for socially conscious investors. Introducing the Peso Global Sustainability Growth Fund, Sun Life’s first-ever sustainability-driven VUL (Variable Universal Life) equity fund. This fund aims to generate long-term capital appreciation by investing in global funds that…

[elsa16744]

The Rise of Ethical Investing: Aligning Wealth with Values 

In an age where consumers and investors alike are becoming more conscious of the impact their financial decisions have on the world, the concept of ethical investing has surged to the forefront of the investment landscape. Ethical investing is not just a passing trend; it is a profound shift in how individuals and institutions approach their financial strategies. This movement reflects a growing desire to align personal values with financial objectives, ensuring that the pursuit of profit does not come at the expense of societal well-being. 

Understanding Ethical Investing 

Ethical investing, also known as socially responsible investing (SRI) or sustainable investing, involves choosing investments based on ethical principles, alongside traditional financial criteria. Investors who engage in ethical investing typically seek to support companies and industries that align with their values, whether those values are environmental sustainability, social justice, corporate governance, or other moral considerations. 

This approach to investing goes beyond merely avoiding industries like tobacco, alcohol, or weapons manufacturing, which have traditionally been viewed as unethical. Ethical investing also encompasses proactive investment in companies that are making positive contributions to society, such as those leading in renewable energy, fair labor practices, and community development. 

The Principles Guiding Ethical Investing 

At its core, ethical investing is guided by the principle of doing no harm while fostering positive impact. This can be broken down into several key principles: 

Environmental Responsibility: Investors focus on companies that prioritize sustainability and minimize their environmental footprint. This includes businesses that invest in clean energy, reduce waste, and promote biodiversity. 

Social Impact: Ethical investors seek out companies that contribute to social well-being. This might include businesses that promote fair wages, diversity and inclusion, or those that support local communities. 

Corporate Governance: Strong governance is crucial in ethical investing. Investors look for companies with transparent practices, strong leadership, and accountability to their stakeholders. 

Avoidance of Harmful Industries: Many ethical investors choose to exclude industries that they deem harmful, such as fossil fuels, arms manufacturing, or companies involved in unethical labor practices. 

The Growth of Ethical Investing 

The rise of ethical investing can be attributed to several factors. One of the most significant is the increasing awareness of global issues such as climate change, social inequality, and corporate corruption. As these issues have gained prominence, so too has the desire among investors to ensure their money is being used to support positive change. 

Another driving force behind the growth of ethical investing is the shift in investor demographics. Millennials and Gen Z, in particular, are more likely to prioritize ethical considerations when making investment decisions. This younger generation is not only concerned with financial returns but also with how their investments can contribute to a better world. 

Furthermore, technological advancements have made it easier for investors to access information about companies' ethical practices. With the rise of ESG (Environmental, Social, and Governance) ratings, investors now have more tools at their disposal to assess the ethical impact of their investments. 

The Benefits of Ethical Investing 

Ethical investing offers a range of benefits that extend beyond the moral satisfaction of aligning investments with personal values. Here are some of the key advantages: 

Positive Impact: One of the most significant benefits of ethical investing is the ability to drive positive change. By choosing to invest in companies that prioritize social and environmental responsibility, investors can help support businesses that are making a difference. 

Long-Term Value: Companies that adhere to ethical practices are often more sustainable in the long term. They tend to have better risk management, are less likely to be involved in scandals, and are better positioned to adapt to changing regulatory environments. This can lead to more stable and potentially higher returns over time. 

Alignment with Personal Values: Ethical investing allows individuals to align their financial decisions with their personal values. This can lead to greater satisfaction and a sense of purpose, knowing that their investments are contributing to causes they care about. 

Increased Awareness: Engaging in ethical investing can increase awareness of global issues and encourage more informed decision-making. Investors become more knowledgeable about the impact of their financial choices and may become advocates for positive change. 

Challenges in Ethical Investing 

While ethical investing offers numerous benefits, it is not without its challenges. One of the primary challenges is the difficulty in defining what constitutes "ethical" behavior. What one investor considers ethical may differ from another's perspective. This subjectivity can make it challenging to create a one-size-fits-all approach to ethical investing. 

Another challenge is the potential trade-off between ethical considerations and financial returns. While many ethical investments have performed well, there may be instances where prioritizing ethical criteria could lead to lower returns compared to traditional investments. However, this trade-off is becoming less of a concern as more evidence emerges showing that ethical investments can perform on par with or even outperform conventional investments. 

Additionally, the lack of standardization in ESG ratings and reporting can make it difficult for investors to assess the true ethical impact of a company. Inconsistent reporting practices and the potential for "greenwashing" – where companies exaggerate their ethical credentials – can complicate the investment process. 

The Future of Ethical Investing 

The future of ethical investing looks promising as more investors recognize the importance of aligning their financial decisions with their values. As global challenges such as climate change and social inequality continue to dominate the agenda, the demand for ethical investment options is likely to grow. 

To support this growth, it is essential for the investment industry to continue improving transparency, standardization, and education around ethical investing. By providing investors with the tools and information they need to make informed decisions, the industry can help ensure that ethical investing becomes the norm rather than the exception. 

In conclusion, ethical investing represents a powerful way for individuals and institutions to use their financial resources to drive positive change. By aligning investments with values, investors can contribute to a more sustainable and equitable world while still achieving their financial goals. As the movement continues to gain momentum, ethical investing is poised to play a pivotal role in shaping the future of finance. 

[m1nxt]

Unlock Growth Potential: Implementing ESG in Supply Chain Finance

Unlock the potential of M1 NXT, a cutting-edge platform for managing supply chain funding. Experience seamless supply chain management and optimize financial operations with M1 NXT, your partner in Cross Border Digital Trade Finance and International Trade Corridors, integrating ESG principles in Factoring and Supply Chain Finance.

To know more visit:https://www.m1nxt.com/

[phuket-solicitors]

Mergers & Acquisitions in Thailand

Thailand's M&A landscape has evolved significantly in recent years, driven by economic growth, government policies, and the increasing attractiveness of the Thai market to foreign investors. While the country has a robust legal and regulatory framework for M&A, unique challenges and opportunities exist.  

The Thai M&A Landscape

Thailand offers a compelling investment climate with a large domestic market, strategic geographic location, and a growing middle class. Key sectors attracting M&A activity include:

Consumer Goods: Strong domestic consumption and a rising middle class have fueled interest in the food and beverage, retail, and consumer electronics sectors.

Energy: Thailand's focus on renewable energy and energy security has driven M&A in the oil and gas, power generation, and alternative energy sectors.

Infrastructure: Government initiatives to improve infrastructure have created opportunities in transportation, logistics, and utilities.

Technology: The growing digital economy has led to increased M&A activity in e-commerce, fintech, and digital media.

Common Deal Structures

While mergers were introduced in Thailand in 2023, acquisitions remain the predominant deal structure. Common acquisition methods include:  

Share Acquisitions: Purchasing shares from existing shareholders.

Asset Acquisitions: Acquiring specific assets of a target company.

Joint Ventures: Creating a new entity with shared ownership and control.

Regulatory Framework

Thailand's legal and regulatory environment for M&A is relatively mature, with key laws governing the process, including:

Thai Civil and Commercial Code: Provides the legal framework for corporate transactions.

Securities and Exchange Act: Regulates public companies and takeover bids.

Foreign Business Act: Governs foreign investment and ownership restrictions.

Competition Act: Addresses antitrust concerns.

While the legal framework is generally supportive of M&A, navigating the complexities of Thai law requires careful consideration and expert advice.

Challenges and Opportunities

Despite its attractiveness, the Thai M&A landscape presents unique challenges:

Corporate Governance: While improving, corporate governance standards in Thailand can vary, impacting deal execution and post-merger integration.

Due Diligence: Conducting thorough due diligence is essential due to potential complexities in business structures, ownership, and financial reporting.

Regulatory Approvals: Obtaining necessary approvals from government agencies can be time-consuming and complex.

Talent Acquisition and Retention: Post-merger integration often requires addressing talent management challenges, including cultural differences and skill gaps.

On the other hand, Thailand offers significant opportunities for M&A:

Growth Potential: The expanding middle class and government initiatives create a favorable environment for business growth.

ASEAN Hub: Thailand's strategic location makes it a gateway to the ASEAN market.

Government Support: Government policies encouraging foreign investment can facilitate M&A deals.

Emerging Trends

Several trends are shaping the future of M&A in Thailand:

Digital Transformation: Increasing focus on digital technologies and e-commerce is driving M&A activity.

Sustainability: Environmental, social, and governance (ESG) factors are gaining importance in dealmaking.

Cross-Border Deals: Thailand's strategic location is attracting more cross-border investments.

Conclusion

Thailand's M&A landscape is dynamic and offers both challenges and opportunities. Successful dealmaking requires a deep understanding of the local market, regulatory environment, and cultural nuances. By carefully navigating these complexities, businesses can capitalize on the growth potential of the Thai market.

[mightyflamethrower]

Jul262024

Carbon Credits Enable Green Graft

Not all green lunacy can be attributed to an insidious attack on our freedom and standard of living or to the antihuman malice at the root of leftism. Another factor is straightforward greed:

Over the past two decades, so-called “carbon cowboys,” people who set up carbon credit initiatives for financial gain, have launched land preservation projects across the Amazon rainforest, generating carbon credits worth hundreds of millions of dollars and building a thinly regulated market valued at nearly $11 billion worldwide, according to The Washington Post. The Brazilian government’s anti-deforestation policies already safeguarded more than 78,000 square miles of land used for preservation projects before they were claimed for carbon credits, and 29 of the 35 internationally certified projects in the Amazon overlap with public lands, meaning a large percentage of carbon credits overlap with already existent conservation measures. The estimated total value of the offsets sold by these 29 ventures is $212 million, according to an analysis performed by The Washington Post using annual market rates. Multi-billion dollar companies like Netflix, Delta Air Lines, Spotify, PriceWaterhouseCoopers and Boeing are just a few of the major corporations that purchased these credits in order to offset their emissions.

Why would anyone pay a penny to pretend to “offset” harmless carbon emissions? According to energy consultant David Blackmon,

“For the most part, companies buy these credits for the simple fact that they are forced to do so either by wrong-headed government regulations or by ESG demands from green investors and financial institutions.”

Fools and their money are soon parted. Coercive regulations are required for the same reason Democrats are setting the stage for election fraud: not all of us are fools.

Eva Vlaardingerbroek explains how carbon credits can be inflicted at the individual level to impose green neofeudalism:

The new transfer of wealth from the poor to the rich will be Carbon Credit Brokerage.