Carbon Neutrality

You have implemented your Carbon Management Plan to reduce and avoid emissions. You have developed a Net Zero plan compatible with a 1.5 °C by 2050. What else can you do?

Carbon offsetting absolutely has a place as part of a carefully considered carbon emissions reduction plan where a company is unable to reduce certain operational emissions.

As an internationally-recognised market mechanism to help achieve carbon neutrality, carbon offsetting can play a significant role when not all emissions can be reduced in the short-term.

Case Study

ExCeL London, the UK capital’s largest events venue, has taken a significant step on its journey to net zero by becoming carbon neutral certified.

Carbon Offset Portfolios

Our experts can help you build a carefully curated portfolio of high quality carbon credits to meet your climate goals and achieve Carbon Neutrality. Examples include:-

Combined Portfolio

A mix of all 3 Portfolios, diversifying risk and providing the benefits of all, ie:

  • Renewable Energy Portfolio
  • Agriculture & Land Use Portfolio
  • Sustainable Development Portfolio

Renewable Energy Portfolio

Carefully selected renewable energy projects in the developing world, eg:

  • Windpower in Mongolia
  • Waste to Energy in India
  • Small Hydropower in Brazil

Agriculture & Land Use Portfolio

Carefully selected agriculture & land projects in the developing world, eg:

  • Anaerobic digesters in Thailand
  • Rice Husk Power in Cambodia
  • Biomass in Chile

Sustainable Development Portfolio

Carefully selected sustainable development projects in the developing world, eg:

  • School Cook Stoves in Uganda
  • Home Solar Water Heating in India
  • Home Cook Stoves in Malawi

DEFRA Carbon Offset Good Quality Criteria

Additionality – Projects must demonstrate that they have produced a saving in carbon that would not have happened otherwise.

Avoiding leakage – The project must demonstrate that it has not caused leakage / an increase in carbon emissions elsewhere.

Permanence - If the project could be impermanent, (e.g. forestry projects are at risk of disease or fire) then this must be addressed by the project developer or offset provider.

Validation and verification - The project must receive independent verification. The verifier must be an accredited and recognised independent third party.

Timing – Carbon credits should be ex-post, that is, they must only have been issued from the project after the emissions reduction has taken place.

Avoiding double counting – A registry must be used to register, track and permanently cancel credits to avoid double counting or double selling.

Transparency - Credits should be supported by publicly-available information on a registry to set out the underlying projects, the quantification methodology applied, independent validation and verification procedures, project documentation.

Source: HM Government Environmental Reporting Guidelines - page 115.