Carbon offsetting or carbon compensation is the process of balancing your carbon footprint by offsetting your emissions with carbon credits (carbon units) generated by carbon projects such as nature-based solution projects. Carbon offsetting is a vital tool to restore nature and contribute to environmental health. Carbon dioxide (CO2) emissions have a global impact, regardless of where they are emitted. Therefore, by offsetting your carbon emissions, you contribute to global efforts to restore and protect our planet.
Individuals or businesses can purchase carbon credits to compensate for their carbon emissions, representing a reduction or removal of one metric tonne of CO2 or its equivalent. These credits can be bought from projects designed to reduce carbon emissions, such as reforestation initiatives, nature restoration, energy efficiency, or renewable energy projects. By purchasing carbon credits, individuals or businesses are paying to offset the carbon emissions their businesses or households produce.
Carbon offsetting is not a substitute for reducing carbon emissions directly but rather a complementary approach. No matter how strictly a business or household cuts its carbon emissions, getting it down to zero is nearly impossible while maintaining normal activities. This is where carbon compensation comes in: to complement the process and help achieve net zero.
Carbon offsetting is also a great way to take responsibility for past carbon emissions and carbon emissions that are difficult or impossible to reduce directly, such as those associated with air travel or the production of certain goods.
Read more: Uncovering the impact of Scope 3 emissions
Carbon offsetting benefits many areas of our daily lives and ultimately contributes to a greener and more abundant future. Let’s discuss some of the benefits:
Toucan sitting on a tree branch, Brazil.
There are organisations that design and manage different nature-based or sustainability-oriented projects. If they meet industry standards, they can offer carbon credits to companies that need to offset their carbon emissions.
Read more: The rising demand for nature-based credits
Tree seedlings - Greenzone Afforestation Project, Cameroon, DGB.
At DGB Group, we focus on nature restoration, reforestation, and energy-efficient cookstove projects. Even before we start a project or plant our first tree, we work closely with Gold Standard or Verra programmes to ensure that our projects generate the highest quality carbon credits possible. These programmes, along with our project design, surveys, stakeholder meetings, and further strategic planning, help us create large-scale, impactful projects and originate verified carbon credits for our clients.
We can help your company become more sustainable by integrating trees into your business.
A carbon footprint is the total amount of CO2 released into the atmosphere due to human activities such as burning fossil fuels, deforestation, and other industrial processes. It measures how much each person, organisation, or product contributes to global carbon emissions. It represents our impact on the environment through our daily actions and the amount of carbon we are responsible for emitting.
There are two types of CO2 emissions:
Read more: How do carbon footprints work?
There are different projects that can qualify to offset carbon emissions. As long as the positive environmental impact is measurable and industry standards are met, the following types of projects can be eligible for carbon offsetting and thus produce carbon credits:
Theo Oben - Greenzone Afforestation Project, Cameroon, DGB.
Calculating your carbon footprint is a momentous first step towards carbon offsetting. Organisations usually follow these steps to get the carbon-offsetting process started:
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What is carbon offsetting?
Carbon offsetting compensates for the CO2 emissions an individual or organisation generates by purchasing carbon units from projects that reduce or remove emissions from the atmosphere. DGB's nature-based projects offer many environmental and socio-economic benefits in addition to carbon mitigation, allowing companies, individuals, and governments to reduce their carbon footprint and invest in nature.
How do I choose a carbon offset provider?
When choosing a carbon offset provider, consider factors such as credibility and transparency, project quality, location, price, and additional services. You also need to ask if the carbon offsets you are inquiring about are certified and verified. You can speak to our experts to find the best option for your sustainability goals.
How does carbon offsetting work?
Carbon offsetting or compensation works by investing in projects that reduce or remove carbon emissions, such as reforestation projects. These projects are independently verified and certified. The amount of emissions reduced or removed is translated into carbon units that can be purchased and retired by individuals or organisations to offset their carbon emissions.
Why is carbon offsetting important?
Carbon offsetting is important because it helps reduce the impact of carbon emissions on the environment by supporting the development of sustainable, low-carbon projects that often also have many other environmental and socio-economic benefits. Carbon offsetting is therefore a vital tool to restore nature on a global scale.
What are the types of carbon offsets?
The types of carbon offsets include reforestation and afforestation projects, energy efficiency projects, renewable energy projects, methane capture and destruction projects, and carbon capture and storage projects.
Read more: How are carbon credits issued?
How do I calculate my carbon footprint?
You can calculate your carbon footprint using the DGB carbon footprint calculator by identifying your activities that generate carbon emissions, estimating the amount of emissions associated with each activity, and converting emissions to CO2.
What are some reputable programmes that verify carbon offsets?
Some reputable carbon standard programmes include Gold Standard and Verra. At DGB, we follow these standards and use them as early as in the project discussions phase.
Can individuals offset their carbon footprint?
Yes, individuals can compensate for their carbon footprint by purchasing carbon units from a reputable carbon offset provider like DGB Group.
Is carbon offsetting a sustainable solution to meet the goals of a corporate social responsibility strategy?
Carbon offsetting is a valuable tool in a comprehensive corporate social responsibility strategy. Also, with an increased number of consumers who care about the environment, it helps to show that companies are on the same page as their customers.
We develop large-scale, impactful projects.
Taking action through carbon offsetting is a great way to make a positive impact on the environment and become a leader among modern companies that show their support for a greener future. By investing in carbon offset projects, you can help reduce CO2 emissions and demonstrate your commitment to sustainability and social responsibility to match the values of your customers.
In addition, current market trends in consumer preferences show that more and more consumers are prioritising environmentally friendly products. Carbon compensation is an optimal solution to show your customers that your products and services are nature-friendly.
Choose to offset your CO2 emissions with DGB by supporting our reforestation, habitat restoration, tree planting, or energy-efficient cookstove projects. We manage our projects with a boots-on-the-ground approach, with ecologists, conservation biologists, and local staff at each project site. In addition to meeting your corporate social responsibility goals and nurturing mother nature, you also become a catalyst to provide jobs to many communities. Our projects generate high-quality, independently verified credits that help you reach your sustainability goals.
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