Carbon Neutral Company

From TerGoPedia

Carbon neutral companies are those whose total carbon footprint equals zero.

A company's carbon neutrality can be indicated in a specific fiscal year after accurately showing its total carbon footprint and the number of carbon offsets purchased.

To achieve carbon neutrality, a company can rely on an offsetting mechanism or a relatively new mechanism called insetting. The former involves purchasing carbon offsets from an outside company running a sequestration project. In contrast, insetting involves implementing offsetting activities within a company's existing structures.

Carbon neutrality is communicated by companies in their annual ESG or CSR reports, showing their positive impact on the environment, consumers, and the community.

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