What's the difference between net-zero and carbon neutral?
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What's the difference between net-zero and carbon neutral? |
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Video From Sustain Life (now part of Workiva) |
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This Video Uploaded At 07-10-2022 19:57:37 |
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Is there a difference between net-zero and carbon neutral? Yes.
Although the terms “net-zero” and “carbon neutral” both refer to the balance of emitted GHGs with avoided or removed emissions, the distinguishing factor between the two claims hinges on compensated emissions (aka offsets). A business can claim carbon neutrality by measuring its emissions and then offsetting the balance through financed projects outside of its value chain, without actually reducing its own emissions.
Net-zero, on the other hand, does not permit financed emissions, which compels companies to reduce value chain emissions. Although similar in theory to carbon neutrality, net-zero emissions refers to all greenhouse gas emissions, not just carbon.
But the distinction goes further…
Read all about it here:
https://www.sustain.life/blog/difference-between-net-zero-carbon-neutral |
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