Offsetting

DEFINITION: The mechanism for claiming a reduction in greenhouse gas (GHG) emissions associated with a process or product through the removal of, or preventing the release of, GHG emissions in a process unrelated to the life cycle of the product being assessed.

See also: Greenhouse gas (GHG)

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PMI workers at a factory in Bologna. Image: PMI

Philip Morris to make all its factories carbon neutral by 2030

Cigarette giant Philip Morris International (PMI) has announced its intention to make all of its factories carbon neutral by 2030, after its Klaipeda factory in Lithuania reached the status.

To assist with UK forestry restoration, Shell is also launching a partnership with Forestry and Land Scotland

Shell commits £10m to offset emissions from customer fuel purchases in UK

Shell will spend £10m over the next year to offset the emissions from customers' fuel purchases at more than 1,000 service stations in the UK, following a successful trial in the Netherlands.

Pictured: SAP's installation at the V&A museum 

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In total, Kering's 2018 offsets will cover 2.4 million tonnes of CO2e

Refashioned approach: Kering goes carbon-neutral

The luxury fashion group behind brands such as Cartier, Balenciaga and Saint Laurent has confirmed plans to offset its entire 2018 greenhouse gas (GHG) footprint, including its supply chain emissions.

Gucci’s carbon-neutral strategy stretches from its supply chain to its fashion shows. Image: Gucci/Kering

Gucci goes carbon neutral in attempt to tackle climate crisis

As the fashion industry continues to address its role in the climate crisis, Italy's most valuable luxury brand has said it has become an entirely carbon-neutral company.

OVO Energy has a long history of minimising the carbon impact of its products through renewable energy procurement 

OVO Energy moves to lower climate impact of its marketing

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The commitment covers all shipments to and from customers, for whole devices as well as replacement parts and accessories. Image: Alphabet Inc. 

Google targets carbon-neutral hardware deliveries

Tech giant Google has unveiled a new string of sustainability pledges for its hardware, including a commitment to make all customer shipments carbon-neutral by 2020.

edie spoke to ITV's senior manager of Social Purpose Julia Giannini. Image: ITV

More than TV: Can ITV place climate change at the core of its business purpose?

EXCLUSIVE: Following 18 months of radical internal transformation, edie asks how media company ITV is ready to revitalise years of strong CSR work to make environmental stewardship, health and wellbeing and societal change the core purpose of its business model.

ITV had told edie that roadmaps for these targets will be published next year. Image: James West Flickr www.flickr.com/photos/jameswest/ 

ITV commits to 1.5C science-based target after reaching carbon-neutral status

Months after it became a carbon-neutral business, broadcaster ITV has unveiled a plethora of new sustainability pledges, including committing to a 1.5C science-based target, purchasing 100% renewables and removing all single-use plastics in operations, productions and the supply chain.

It is estimated that the number of flights at Heathrow Airport will increase from 480,000 currently to 760,000 each year by 2026

Heathrow's third runway 'masterplan' at odds with national net-zero aim, campaigners warn

Plans to re-route the M25, divert rivers and reposition car parks and buildings as part of the masterplan for Heathrow Airport's third runway approval have been described as "climate-wrecking" by concerned politicians and green groups.

<p>Some developers have already voluntarily adopted a net-gain approach to biodiversity, but the Government looks set to mandate it by law. Image: Berkley Group</p>

Natural Capital Committee: Biodiversity net-gain must not rely on offsetting

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The UK's exclusion of international aviation and shipping figures from carbon budgets has been criticised by Transport & Environment and Greta Thunberg

UK's 'creative carbon accounting' breaches climate deal, say critics

The UK is breaching the Paris agreement on climate change by excluding international aviation and shipping figures from carbon budgets, according to a leading NGO.

The launch of VW's ID range this year will mark the first step towards its 'climate-neutral' ambition

VW pledges to achieve climate neutrality, starting with EV acceleration

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Carbon credits purchased by Etsy will be used to fund reforestation initiatives and renewable energy projects

Etsy to offset global shipping emissions

Online retailer Etsy has announced plans to offset 100% of its carbon emissions generated from shipping items, free of charge for its customers.

Refinitiv operates in 190 countries worldwide

Refinitiv pledges to become a net-zero-carbon business in 2020

Finance giant Refinitiv has committed to becoming carbon-neutral by the end of 2020, as part of a new range of sweeping environmental and social sustainability pledges.

A typical three-person household in Spain produces two tonnes of CO2 annually from gas and electricity

Aquila Capital pledges to offset emissions of residential developments

Alternative asset manager Aquila Capital has committed itself to offset all CO2 emissions related to its residential developments until 2025.

Heathrow's expansion will enable an additional 52 million passengers to travel annually and accomodate an additional 267,000 flights each year

Peatland restoration and electric planes: Inside Heathrow's new roadmap for net-zero expansion

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PwC claims the expansion of its carbon offsetting scheme to include air travel will protect 656,000 hectares of forest

PwC pledges to offset air travel emissions and source 100% renewable electricity

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