Carbon offsetting is an internationally recognised way to take responsibility for unavoidable carbon emissions.
In a world where climate change is increasingly on the agenda and global emissions continue to grow, your customers, investors and staff are looking to your business to act responsibly.
In simple terms, offsetting one tonne of carbon means there will be one less tonne of carbon dioxide in the atmosphere than there would otherwise have been. It is the fastest way to achieve emissions reductions and the only way to achieve carbon neutrality.
No business can operate without a carbon footprint. Having reduced what they can, responsible businesses offset remaining, unavoidable emissions.
Choosing to offset through ClimateCare means you’ll support best practise projects that deliver value for the environment, your business and local communities.
Think you know all about carbon offsetting? Read this blog, where Rob Stevens responds to some of the common questions to help you decide if a voluntary carbon offset programme should be part of your business’s carbon management strategy.
It is estimated that tackling climate change could create opportunities for a company to increase its value by up to 80% if it is well positioned and proactive. Conversely, a poor position can threaten up to 65% of value. (Carbon Trust : Climate Change, A Business Revolution)
Carbon offsets are:
- Cost effective and high impact
- Deliver real, verified emissions reductions
- Simple and immediate
They offer opportunity for your business to:
- Be carbon neutral
- Demonstrate leadership
- Differentiate from less responsible brands
- Inspire your workforce to engage with carbon reduction activities in house
The emergence and growth of global corporate rankings, like the CDP, show the increasing importance to investors that organisations measure, and reduce impact on the environment and are transparent in reporting their progress towards this.
How it works
Carbon offsetting is just one element of an integrated carbon management strategy, and this should be considered as a whole. Maximum value comes when organisations:
- Measure baseline emissions
- Set reduction targets
- Implement strategies to meet targets most cost effectively
- Enhance reputation by communicating this activity to staff and external stakeholders.
Depending on your requirements offsetting can be anything from a quick and simple online transaction to purchase carbon credits from our selected ClimateCare projects, to a more in depth activity involving support for projects of your choice around the world, or even the creation of a brand new project, for example in your supply chain.
However, each transaction follows the same outline process:
- First you need to know the carbon footprint of the activity you want to offset.
- The ClimateCare team will help you select appropriate carbon reduction project/s that match your requirements.
- ClimateCare retire the appropriate volume of carbon credits on your behalf.
- ClimateCare issue you with a certificate of the offset.
- ClimateCare provide support to help you communicate this activity to your staff and stakeholders.
Offsetting through ClimateCare means you can choose from vast range of carbon reduction projects many of which are designed to tackle poverty and improve health, as well as protecting the environment.
We can also help you develop new carbon reduction projects within your own markets and supply chain (insetting), and measure carbon reductions from your existing activity.
Recent research shows that offsetting through our Gold Standard safe water projects will not only reduce CO2 emissions. For every tonne of CO2 offset, you will also deliver $117 of health impacts and $1 of employment. Clean cooking projects tell a similar story with $55 of health impacts, $93 of livelihood impacts and $3 of employment delivered for every tonne of CO2 offset.
Take a look at the sort of impact you could create for people and the environment if you offset with ClimateCare using our impact calculator.
Many of our projects are eligible to be reported through the LBG (London Benchmarking Group) framework, allowing you to include robust figures about lives improved through offsetting in your reporting.
Aviva were recently able to compare lives improved through offsetting to their other community impact activities reported through the same framework. They were surprised at how cost effective it was to deliver community impacts through our climate and development projects.
Contact us to find out more about measuring, reducing and offsetting your carbon footprint
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