The climate crisis will be the defining issue of the 2020s. All eyes are on governments, businesses and organizations the world over as they face growing demand for greater efforts to cut carbon emissions - and with reason. The Paris Agreement seeks to keep the global temperature increase to well below 2°C and pursue efforts to keep it to 1.5°C. Research has shown that to meet this target and avoid the worst climate impacts, carbon emissions need to be halved by 2030.
Acting on this urgency, an increasing number of companies are setting themselves ambitious targets, including climate-neutral or net-zero targets. This means reducing emissions wherever possible and compensating for remaining emissions with an equivalent amount of offsets. This white paper examines businesses' main impacts, and how audits of reporting systems and data verification can help companies to realize their carbon goals.