بلاگ

Buying local doesn’t automatically reduce Scope 3 emissions. Local sourcing often lowers emissions when it reduces air freight, damage/waste, or enables circular flows, but it can increase emissions if local production is more carbon-intensive than your current supplier. The most defensible approach is to compare scenarios using supplier production data plus logistics activity data aligned […]

Sustainability in the GCC is shifting from voluntary disclosure to a governance and risk requirement, driven by national strategies and a growing focus on investor-grade reporting. As Scope 1 to 3 expectations expand, organisations are moving away from spreadsheet-led reporting toward audit-ready carbon data infrastructure. AI-enabled carbon platforms help teams ingest fragmented data, including invoices […]

Takeaways from Dubai Fintech Week: enterprises want audit-ready emissions data, trusted credits, and product-ready climate tools that are easy to explain.

A carbon credit represents the reduction or removal of one metric ton of CO2e (carbon dioxide equivalent). Credits are issued to verified projects and can be used by organizations to compensate for emissions in both regulated compliance programs and voluntary markets.

Broadly speaking, there are two types of carbon emissions (operational emissions and supply chain emissions). Operational emissions comprise Scope 1 and 2, while supply chain emissions are considered Scope 3.

The COP28 climate summit in Dubai brought together leaders from governments, business, academia, and civil society to shape the future of climate action. Coral attended as a UAE-based startup, forging partnerships and supporting businesses worldwide in meeting their sustainability goals.

Leadership is key to making meaningful progress against climate change, and corporations like Nissan are stepping up. Coral is proud to have been chosen as Nissan Formula E’s official carbon credits partner. Together, we’re ensuring transparency in offsetting the racing team’s carbon footprint. Coral continues its mission to bring clarity and trust to carbon markets, making environmental responsibility achievable for all.

The carbon credit market, often touted as a critical tool in the fight against climate change, has its share of challenges and controversies. While it is designed to incentivize emission reductions and support sustainability initiatives, several issues have plagued its effectiveness and integrity.

Climate disclosure regulations are setting the stage for a “trickle-down effect” that influences every industry and every stage of the supply chain.