Climate
Carbon Offsetting
This business is funding external projects that sequester greenhouse gas emissions to compensate for its own emissions. Greenhouse gases from human activities are the most significant driver of climate change.
Sustainable Development Goals
Proof Point Level
Product BusinessCriteria
- Offsets must come from a reputable source (eg: Gold Standard)
- Offsets that slow down the pace of emissions will not be accepted
- Only offsets that remove or sequester Carbon will be accepted
- Offsets but have been made in the last 12 months
Publication Requirements
- Specify the project(s) used to offset emissions, including their name(s) and location(s)
Accepted Evidence
Evidence should strongly support the claim and will be made publicly available
- Proof of purchase of offsets with the name and location of the offset project, and the methodology or calculation
Accepted Verifiers
Verifiers are third parties who can confirm the validity of a given Proof Point
- Offsetting partner