What Is Carbon Offsetting, and Does It Really Work?
It’s become clearer and clearer that tackling climate change isn’t just something governments and legislation alone can change. Any commitment to avert a potential environmental disaster requires significant buy-in from businesses.
However, this has raised something of a dilemma – how do organisations reduce greenhouse gas emissions while continuing to maintain productivity and financial performance, but without impacting employment opportunities?
The answer for many must be to turn to carbon offsetting schemes. Some of the world’s most recognised brands purchase carbon offsets and invest in environmental schemes on an annual basis. But what is carbon offsetting? Is it really that effective? Or is it simply a form of greenwashing?