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.
