21 October 2024
I chose to join Verra as CEO because I believe in our mission to drive impactful climate action and sustainable development through the voluntary carbon market (VCM) and related markets. The challenges we face, both within these markets and as an organization, demand that we not only adapt but also become more focused and efficient to better serve our stakeholders and scale these markets.
Today, I informed our team of a workforce reduction of roughly 25 percent: a difficult but necessary step to align our resources with our core priorities. This decision was not made lightly, but it is essential to ensure that Verra remains agile and capable of leading through periods of change.
Organizations
Amid ongoing market volatility, this reduction allows us to direct our energy and resources toward the programs and services that matter most: maintaining the rigor and integrity of our standards programs, effectively supporting our stakeholders, and partnering with a broader ecosystem to improve and strengthen the markets.
While these steps are challenging, they are essential to our future success. With a more focused and efficient organization, we will be better positioned to scale, innovate, and continue serving the diverse needs of the market and our stakeholders.
Verra remains fully committed to its mission, and I’m confident that through this realignment, we will emerge stronger and better positioned to define the future of the VCM and related markets....
Read the full news release here
