Interested? Contact us now
In order to contact us please fill the form on the right or directly email us at the address below
sales@senecaesg.com-->
France has unveiled the Charter for Paris-Aligned and High-Integrity Use of Carbon Credits, setting a groundbreaking global benchmark for responsible carbon credit utilization aligned with the Paris Agreement’s Article 6.4. The initiative strengthens ESG standards and advances corporate carbon neutral strategies by demanding greater transparency and verifiable emissions reductions.
Announced by French Minister Agnès Pannier-Runacher, the charter emphasizes that companies must prioritize genuine decarbonization efforts before leveraging carbon credits as a complementary tool. Firms are required to align with a globally validated Net Zero pathway, report across all three emissions scopes, and use only high-integrity credits certified under Article 6.4 and the Integrity Council for the Voluntary Carbon Market (ICVCM) Core Carbon Principles.
Seventeen major corporations, including Schneider Electric, Capgemini, and Beko, have already signed onto the initiative, signaling strong private-sector support for high-integrity climate action. At the ChangeNOW Summit in Paris, Schneider Electric executives stressed the critical importance of immediate decarbonization and responsible carbon credit usage. They highlighted projects such as EcoAct’s Mangrove Restoration Project in India as examples of combining environmental impact with social and economic co-benefits.
The charter’s broader ambition includes ensuring that a share of financing from carbon credit transactions supports climate adaptation measures in vulnerable developing countries and small island developing states (SIDS). This marks a significant advancement in tying corporate climate actions more closely to global equity goals.
France’s leadership reinforces the essential role of ESG in reshaping corporate behavior and accelerating carbon neutral strategies worldwide. With atmospheric carbon dioxide levels now exceeding 420 ppm, French officials and corporate leaders alike are calling for immediate, verifiable, and inclusive climate action.
As the global carbon market evolves, initiatives like France’s charter could be instrumental in building trust, mobilizing investment, and delivering on net-zero commitments.
Sources:
Monitor ESG performance in portfolios, create your own ESG frameworks, and make better informed business decisions.
In order to contact us please fill the form on the right or directly email us at the address below
sales@senecaesg.com7 Straits View, Marina One East Tower, #05-01, Singapore 018936
+65 6223 8888
Gustav Mahlerplein 2 Amsterdam, Netherlands 1082 MA
(+31) 6 4817 3634
77 Dunhua South Road, 7F Section 2, Da'an District Taipei City, Taiwan 106414
(+886) 02 2706 2108
Viet Tower 1, Thai Ha, Dong Da Hanoi, Vietnam 100000
(+84) 936 075 490
Av. Santo Toribio 143,
San Isidro, Lima, Peru, 15073
(+51) 951 722 377
1-4-20 Nishikicho, Tachikawa City, Tokyo 190-0022