The Framework About
Climate

Carbon Offsetting

This business is funding external projects that remove greenhouse gases from the atmosphere to compensate for its own emissions. Greenhouse gases from human activities are the most significant driver of climate change.

Sustainable Development Goals
Climate action
Proof Point Level
Product Business

Criteria

  • Business level emissions across scopes 1 & 2, as well as Scope 3 upstream emissions must be measured
  • Offsets must be verified by a reputable organisation (e.g. Gold Standard)
  • Offsets must remove an amount of carbon that is equal to or greater than 20% of the total footprint
  • Please ensure that your carbon offsetting partner has invested in carbon removal projects rather than carbon avoidance projects
  • Carbon avoidance credits can be used beyond the 20% threshold
  • Offsets must have been made in the last 12 months

Additional Product Criteria

  • To be surfaced at the product level the company must have measured the specific product's carbon footprint (for example using an LCA)

Publication Requirements

  • Publish the business's carbon footprint and the percentage offsetted
  • Specify the project(s) used to offset emissions and a breakdown of whether they are carbon removal or carbon avoidance schemes

Accepted Evidence

Evidence should strongly support the claim and will be made publicly available

  • Proof of purchase of offsets with the name and location of the offset project, and the methodology or calculation

Accepted Verifiers

Verifiers are third parties who can confirm the validity of a given Proof Point

  • Offsetting partner

Additional Resources

Greenhouse Gas Protocol

What is the difference between Scope 1, 2 and 3 emissions, and what are companies doing to cut all three?

Other Proof Points in this category

The business has… calculated its carbon footprint implemented initiatives to reduce its carbon footprint purchased credits to compensate all or part of its emissions achieved a reduction in absolute carbon emissions
Reducing Carbon Emissions No Yes No No
Carbon Measured Yes No No No
Carbon Offsetting Yes No Yes No
Reduced Carbon Footprint Yes Yes No Yes
Net Zero Yes Yes Yes - maximum 10% of total footprint Yes

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