Should organisations offset their carbon footprints?
Carbon offsetting is something we read about a lot these days. It is a complex area and it can be difficult to work out the right way forward. With more organisations buying carbon offsets, many managers are faced with navigating the subject and deciding whether they should spend money on an offsetting service. What is carbon offsetting?Carbon offsetting is a growing industry. Companies set up projects that either reduce emissions (by building renewable energy plants, for example), or absorb greenhouse gases from the atmosphere (by planting or protecting forests). Legal considerations connected to the Kyoto Protocol mean that projects should always be in developing countries. According to New Carbon Finance, the number of carbon offsets bought doubled between 2007 and 2008. The list of buyers is dominated by private companies, but public sector organisations and charities are cropping up more often. Why do organisations buy carbon offsets? Read more… Business Growth Programme Focus o
