background image

    Nasdaq Survey Report

    2023 Global Net Zero Pulse

    Review the results and insights from a global survey that polled ESG and sustainability professionals across company market caps and sectors.

    Carbon dioxide removal (CDR) is necessary to achieve any corporate net zero commitment

    If CDR efforts expect to leverage the voluntary carbon market (VCM) as a financing vehicle for both conventional and novel CDR, a deeper analysis of company buying preferences is critical. This led the Nasdaq ESG Advisory team to get answers to questions that explored key themes necessary to scale the VCM and CDR:

    Corporate carbon credit purchase strategies 

    Corporate net zero alignment

    Carbon market dynamics

    Key Findings

    1883-Q23_ESG Pulse Survey_CP_Assets6.png

    88% of companies feel internal and external pressure to set a net zero target as a part of their climate change efforts

    A variety of stakeholders apply pressure for companies to take the next step toward net zero.

    A variety of stakeholders apply pressure for companies to take the next step toward net zero.

    Education is one of the biggest hurdles that companies face in developing a carbon credit strategy

    Educational requests range from basic guidance to industry-specific strategies and how to set an internal price on carbon.

    Educational requests range from basic guidance to industry-specific strategies and how to set an internal price on carbon.

    1883-Q23_ESG Pulse Survey_CP_Assets4
    25% chart

    Nearly 25% of companies have set a net zero target and another 25% expect to within the next two years

    The rise in popularity of corporate net zero pledges and pressure to meet climate goals will spur demand for carbon credits.

    The rise in popularity of corporate net zero pledges and pressure to meet climate goals will spur demand for carbon credits.

    Companies do not distinguish strong differences between nature-based credits and engineered credits

    The lack of distinction between these two carbon removal pathways suggests a higher hurdle for CDR startups when differentiating their carbon removal credits to potential corporate buyers.

    The lack of distinction between these two carbon removal pathways suggests a higher hurdle for CDR startups when differentiating their carbon removal credits to potential corporate buyers.

    1883-Q23_ESG Pulse Survey_CP_Assets7

    Discover more insights about where companies stand in their net zero journeys

    Download the full report

    Nasdaq ESG Solutions

    Elevate Every Stage of Your ESG Strategy

    ONEREPORT_ Increase transparency with ESG reporting

    Corporate ESG Solutions

    Explore ways to elevate your ESG strategy and start your journey with Nasdaq.

    Explore ways to elevate your ESG strategy and start your journey with Nasdaq.

    IR_Drive valuation and elevate your brand with IR software.

    Environmental, Social and Governance

    At Nasdaq, we are committed to catalyzing progress towards a more sustainable tomorrow.

    At Nasdaq, we are committed to catalyzing progress towards a more sustainable tomorrow.

    Boardvantage_Be prepared with board portal software

    ESG Resource Center

    By embedding ESG into corporate strategy, we strive to minimize the challenges of tomorrow while maximizing the opportunities of today.

    By embedding ESG into corporate strategy, we strive to minimize the challenges of tomorrow while maximizing the opportunities of today.

    BoardEvaluations_Measure and improve with board evaluations

    ESG Commitments

    We are devoted to advancing ESG initiatives and are continuously working to identify emerging ESG trends.

    We are devoted to advancing ESG initiatives and are continuously working to identify emerging ESG trends.