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Net carbon neutral is the act of offsetting carbon emissions through carbon credits so that the net result is net zero carbon emissions. This can be done by investing in renewable energy projects, planting trees, or other activities that remove carbon from the atmosphere. Businesses can reach net carbon neutrality by reducing their emissions as much as possible and then offsetting the remaining emissions with carbon credits (removing carbon from the atmosphere). There are many ways to offset carbon emissions, and the best approach depends on the specific business and its goals. However, offsetting carbon emissions is a vital part of achieving net carbon neutrality.

Carbon Offsets

Reaching net carbon neutrality requires businesses to first offset their carbon emissions. There are many ways to do this, but the most common approach is through carbon credits. Carbon credits are tradable units that represent a certain amount of carbon dioxide emissions. One carbon credit is equal to one metric ton of carbon dioxide emissions. Businesses can purchase carbon credits from renewable energy projects or other activities that remove carbon from the atmosphere. These carbon credits can then be used to offset the business’s own carbon emissions.

The Benefits of Becoming Carbon Neutral

The benefits of reaching net carbon neutrality are many. First, it helps businesses reduce their impact on climate change. Second, it can also save businesses money in the long run by avoiding potential regulations and taxes associated with carbon emissions. Becoming carbon neutral can also have a great impact on your business in relation to bringing in more potential investors.

Net carbon neutrality is an important goal for businesses to strive for, and there are many ways to achieve it. Offsetting carbon emissions through carbon credits is one of the most effective methods is the best way to becoming net carbon neutral.

Becoming Verified Carbon Neutral

The team at Auditel provides a service to help our clients become ‘verified carbon neutral’ in line with the BSI PAS 2060 carbon neutrality certification. In order for your business to gain the PAS 2060 verification, a stringent set of criteria will need to be reached. These criteria include:

  1. Make year-on-year carbon emission reductions in your actual emissions in order to retain your carbon neutral status. This focuses efforts on decarbonisation within your business.
  2. Clearly define the boundaries of the carbon footprint you are seeking to claim as neutral, consider all material emission sources and use a recognised methodology for the calculations such as WRI GHG protocols, Corporate Accounting and Reporting Standard or ISO 14064-1.
  3. Only source your offsets from Kyoto-compliant schemes or alternatively from what would be best described as High-Quality voluntary schemes. These High-Quality voluntary schemes must themselves meet strict principles of reporting and accountability.

The BSI PAS 2060 was designed to avoid criticism regarding the legitimacy of a carbon-neutral status. If you are interested in reaching carbon neutrality, please read more on our carbon neutral consultancy page.