The State of Greenwashing in Carbon Credits: Claims, Enforcement and Integrity in 2025

More than 68% of DAX40 companies that purchased carbon credits ended up supporting projects with no real climate impact, according to Senken’s analysis. ₁  Some of these companies have already faced greenwashing allegations. For the rest, it’s only a matter of time.

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The carbon credit market is worth over €1 billion Euros as of 2024, yet many of these offsets bring little or no actual benefit to the climate. ₂ In fact, the Max Planck Institute found that 84% of carbon credits are high-risk. Our research shows that German companies, along with many others, have made the mistake of investing in these low-quality projects.