CO2 offsetting is an internationally recognised way to take responsibility for unavoidable CO2 emissions.
A CO2 offset is a globally accepted unit of compensation used to balance out the adverse impact of emissions, the most damaging of which is CO2.
In simple terms, offsetting one tonne of CO2 means there will be one less tonne of CO2 in the atmosphere than there would have been otherwise.
Under a business-as-usual trajectory, the United Nations’ International Civil Aviation Organization (ICAO) expects aviation emissions to roughly triple by 2050, at which time aircraft might account for 25% of the global CO2 budget.
In a world where climate change is increasingly on the agenda and global emissions continue to grow, customers, investors and staff are looking to act responsibly.
CO2 offsetting is important because it allows people to make a positive contribution to the environment when their emissions cannot be avoided. It helps to bridge the emissions gap left by countries who have not yet met their targets set out in the Paris Agreement, as well as bridging the finance gap where many CO2-reducing projects do not receive enough funding.
The funding that these projects and causes receive can change lives, bringing economic, social and health improvements to whole communities.