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Dictionary of Terms Related to Environment and Climate Change

Dictionary of Terms Related to Environment and Climate Change A Additional Offsets: Additional carbon credits that would not have occurred if the offset project had not been implemented. Afforestation: Planting new forests in places that previously had no trees. Anthropogenic: Caused by human activities, referring to increased greenhouse gas emissions.

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Differences between Compliance and Voluntary Carbon Credits

Differences between Compliance and Voluntary Carbon Credits Global Context In the current global context, carbon markets play a crucial role in efforts to combat climate change. By putting a price on carbon, these markets encourage reductions in greenhouse gas emissions and spur innovation in clean technologies. It is important to

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Purchase of Carbon Certificates for Employees

The Green Xchange Mechanism for the Purchase of Carbon Certificates for Employees Step 1: Carbon Footprint Assessment Using European Union average data: 8 tons of CO2 per year per person, as a basis for calculating the carbon footprint of each employee + the activity within the company – studies show

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The Three Essential International ESG Reporting Frameworks for Companies

In a world where sustainability and corporate responsibility are increasingly important, companies face the challenge of integrating environmental, social and governance (ESG) criteria into their activities. To facilitate this process, independent organizations have developed voluntary reporting frameworks, which, although they do not replace national or European standards, provide a valuable

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Carbon Footprint: The Hidden Key to the Success and Sustainability of Your Business

By calculating the carbon footprint, companies create numerous strategic and operational advantages. Below, the main advantages you get: Obtaining a Clear Framework for Development and Monitoring: Carbon footprint calculation provides a precise set of parameters for evaluating and continuously improving performance. For example, a company in the manufacturing sector was

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Greenhouse Gas Emissions: Understanding Emissions Domains 1, 2 and 3

Companies that persist in treating climate change only as a corporate social responsibility issue, rather than a business issue, will risk the greatest consequences. Michael E. Porter și Forest L. Reinhardt According to the GHG Protocol’s top corporate standard, a company’s greenhouse gas emissions are classified into three areas. Scopes

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