![]() You might hear different terms like carbon inventory or carbon assessment used interchangeably - these generally all refer to the same concept. Measuring and understanding your business’ carbon footprint is the first step to taking climate action and decreasing carbon emissions. “You can’t manage what you can’t measure” and managing carbon emissions is no exception to this rule! ![]() There are three key steps to becoming carbon neutral. However, the high-level definition of carbon neutral as it’s described above is widely accepted. Note: Different carbon neutral certification standards may define specific rules for how to measure, reduce, and offset emissions in order to qualify. And so at the net zero state only unavoidable emissions are compensated for. Overtime, reductions in carbon emissions will reduce the amount of carbon credits needed to be carbon neutral, incentivising businesses to reduce their emissions. To go beyond this and reach net-zero, a business ultimately needs to reduce or avoid a majority of its carbon emissions within a target time frame. ![]() For every tonne of carbon produced, a business needs to purchase one verified carbon credit as an offset and start proactively reducing these emissions.Ĭarbon neutrality is an achievable short-term and interim goal for most businesses as they work towards net-zero. Just follow this step-by-step guide and bring in the right tools, people and partners along the way. What does it mean for a business to be carbon neutral?Ī business is considered 'carbon neutral' when all of the scope 1, 2, and 3 carbon emissions produced by the business operations are equal to or ‘neutralised’ by the carbon emissions avoided or removed from the atmosphere through the purchase of carbon credits (also known as carbon offsets), importantly this must be done alongside a plan to reduce these emissions. The good news is you don’t need to be a sustainability expert to become carbon neutral. Most businesses can take immediate climate action by becoming carbon neutral, yet very few know where to start.
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