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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Zalando avoided 40,000 tonnes of CO2 emissions in 2018

Zalando commits to onsite solar and green building certification across fulfilment centres

Online fashion platform Zalando has committed to placing solar panels and low-carbon technology on all its new and existing fulfilment centres by 2023, as the company pushes ahead with its net-zero commitment.

Take a look through all of the month's most-read news stories and click the links in the descriptions below to read them for yourself

Election debates and net-zero campaigns: The top 10 sustainability stories of November 2019

With COP25 and Christmas now on the horizon, we take a look back at a November packed full of sustainability and energy news. This round-up includes all the highlights from edie's Net Zero November campaign and the build-up to the UK general election.

edie is inviting businesses to make new business commitments

Roadshows, pledges and innovations: edie's Net-Zero November enters final week

edie's month of net-zero content moves into its final week, meaning businesses have more time to upload new pledges and gain insight and inspiration from the themed content being published this week.

The challenge calls for businesses to invest in “nature-based solutions” such as enhancing biodiversity and reforestation to act as carbon sinks

Gucci boss calls on business leaders to deliver net-zero supply chains

Gucci chief executive Marco Bizzarri has called on business leaders to sign up to a Carbon Neutral Challenge that sees businesses deliver greenhouse gas emissions reductions across their entire value chain in order to achieve net-zero emissions.

Net-Zero November: edie launches net-zero for business guide

Organisations looking to understand the various issues surrounding the hot topic of net-zero, and how it can be applied to their businesses, now have access to a crucial new edie Explains guide, which breaks down everything you need-to-know on the topic.

EasyJet will also look to champion carbon capture technologies and sustainable aviation fuels in order to decarbonise its flights and operations. Image: EasyJet

EasyJet to offset all flight emissions, pushes for electric aircraft vision

EasyJet has become the first airline to operate net-zero flights, after agreeing to offset all emissions from fuel starting today (19 November) and will continue to work on rolling out electric aircraft in the future.

Eurostar has pledged to plant a tree for every train service that it operates across its routes

From plastics to rewilding: How Eurostar is gaining a competitive edge in the era of eco-travel

EXCLUSIVE: With flight shaming placing the profitability of the aviation sector at risk, international high-speed rail service Eurostar believes a legacy of action on carbon, plastics and now rewilding will help build customer trust.

Pictured: Tree Saplings planted under an offset scheme. Image: Philip Halling/ cc-by-sa/2.0 / geograph.org.uk/p/4122268

Greenwash or necessity: What role does carbon offsetting play in reaching net-zero?

Several NGOs offering carbon offsetting have reported a fourfold increase in investment over the past two years - but with concerns around greenwashing persisting, where should businesses be positioning offsetting in their net-zero strategies?

Qantas’ offsetting approach is currently the largest in the aviation industry, accounting for around 10% of customer flights. Image: Qantas

Qantas to double flight offsets as part of net-zero 2050 commitment

Australian airline group Qantas will invest $50m in sustainable fuel over the next decade and offset growth in emissions from international and domestic flights in order to reach net-zero emissions by 2050.

Airlines UK believes that sustainable aviation fuels can cut carbon emissions by 30% by 2050

UK airline industry calls on Government to spur sector to net-zero

The industry body for UK airlines believes that a renewed partnership with the Government can help the sector achieve net-zero emissions by 2050, as long as investment opportunities into green technologies are created.

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 

Sustainable Business Covered podcast: British Airways' future of flying and Plastics Clouds

Episode 72 of the Sustainable Business Covered podcast features an exclusive interview with British Airways' chief executive Alex Cruz on the future of flying, algae plane concepts and how the data-driven Plastics Cloud is combatting ocean plastic pollution.

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

Independent energy provider OVO Energy has unveiled a string of new measures to reduce the resource and carbon impact of its marketing, including an offsetting scheme and a "no-flights" policy.

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

The UK Government's independent advisor on natural capital has criticised proposals put forward by the Department for Food, Environment and Rural Affairs (Defra) that would require developers to pay for biodiversity offsets in other regions if their projects result in habitat loss.

This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

London's low-emission buses and Ralph Lauren's recycled plastic shirts: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

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

German carmaker Volkswagen (VW) has committed to launch at least 70 electric vehicle (EV) models by 2028, as part of its newly-unveiled ambition to become 'climate-neutral' by 2050.

This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

Dow's Project Butterfly and Ikea's EV charging push: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

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.