Scaling the Twin Cities Climate Resiliency Initiative
Loading...
View/Download File
Persistent link to this item
Statistics
View StatisticsJournal Title
Journal ISSN
Volume Title
Title
Scaling the Twin Cities Climate Resiliency Initiative
Alternative title
Published Date
2024-05-01
Publisher
Type
Scholarly Text or Essay
Abstract
Recognizing that Minnesota’s communities are already experiencing the impacts of climate change, the Green Cities Accord (GCA) developed a program to expand the urban tree canopy in the Twin Cities area with the use of carbon offsets. By planting trees, urban communities
experience the many benefits of the canopy, including rain interception, air pollution reduction, urban heat island impact reduction, and carbon sequestration. Now that the program has been established, and many trees have been planted, GCA is working to sell Carbon+ Credits from
the City Forest Credits registry to corporate partners and enlisted a student team at the Humphrey School of Public Affairs to conduct market research and develop recommendations to improve the organization’s Outreach strategy.
Today, offsets face many criticisms, leading many corporations to be hesitant to purchase them as part of their sustainability initiatives. To determine how GCA might better market its credits to potential partners, our capstone student team conducted a research process to learn more about the Twin Cities sustainability landscape and the current state of the carbon offset market.
Building on these insights, we’ve identified an outreach strategy to better market the program to potential partners. Analyzing sustainability data from 75 MN corporations, we learned that only about a third of Twin Cities corporations had public ESG plans or reports that identified clear climate action goals. Though each business takes a unique approach to sustainability, the primary focus of ESG plans seems to be on operational energy management. Across industries, many corporations are looking across their supply chains to address Scope 1, Scope 2, and Scope 3 emissions. Business-to-business organizations also incorporated their clients’ carbon reduction efforts into ESG plans. Within ESG plans, many corporations have established carbon reduction targets or net-zero goals, with implementation timelines ranging from 2025 to 2050. With these deadlines quickly approaching, the offset market is growing and expected to continue doing so particularly the quality-focused market. Corporations and consumers increasingly demand transparency and accountability to ensure the quality of purchased offsets. To address these concerns, GCA could work to better emphasize the quality of their accredited offset registry and communicate the Carbon+ credit accounting and evaluation process.
Offsets were mentioned in about 17% of plans reviewed, suggesting that some corporations are considering offsets as an essential part of their sustainability portfolio as they head toward net zero emissions. To build awareness and interest in GCA’s offset program, we recommend that
GCA:
● Utilize direct interpersonal outreach, engaging corporate sustainability leaders face-to face, to articulate the unique value proposition of the Carbon+ Credit.
● Improve and refine their digital marketing approaches by employing more strategic messaging on their website, addressing common criticisms and FAQs, and implementing a more targeted approach to social media engagement.
● Leverage connections through industry coalitions and trade associations to reach a broader subsect of potential credit buyers, maximizing the total effect of marketing.
● Highlight success stories from projects and partnerships by integrating quotes, impact metrics, and third-party validation from corporate partners.
As they implement some of the recommendations above, GCA must continue to track and evaluate the effects of its outreach efforts. The organization must establish SMART Goals, performance indicators, and metrics to evaluate the effectiveness of the approach.
Keywords
Description
Related to
Replaces
License
Series/Report Number
Funding information
Isbn identifier
Doi identifier
Previously Published Citation
Other identifiers
Suggested citation
Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.