#TechTipTuesday: What are the differences between Carbon Neutral, Carbon off-setting and Net Zero?
More and more businesses are looking to deepen their sustainability commitments.
In today’s #TechTipTuesday, we take a look at the differences between three widely-used terms: carbon neutral, carbon off-setting and net zero.
- Carbon neutral: the expression “carbon neutral” refers to a balance between the amount of carbon dioxide released into the atmosphere and the amount removed from it. From an enterprise perspective, this means ensuring your business does not release more carbon dioxide than that which is absorbed.
- Carbon offsetting: carbon offsetting is a process aimed at achieving carbon neutrality that involves compensating for carbon emissions. By investing in projects that reduce greenhouse gases, such as renewable energy, businesses can obtain carbon credits or offsets equivalent to the amount of emissions avoided. Thus, companies are able to have a positive impact on the environment that goes beyond their own operational boundaries.
- Net Zero: much like “carbon neutral”, Net Zero refers to a state of balance between greenhouse gas emissions and absorption. However, there are two major differences: while carbon neutral focuses on carbon dioxide, Net Zero encompasses carbon dioxide, methane, nitrous oxide and fluorinated gases. Furthermore, Net Zero advocates for reducing emissions directly at the source, rather than relying on offsetting.
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