CARBON NEUTRAL TARGETS

Take immediate action to meet your carbon neutral target

Decarbonization at scale is necessary to avoid the worst impacts of climate change. This will take time and require aggressive economy and sector-wide emissions reductions, particularly over the next decade. While organizations pursue their own short- and long-term emissions reductions strategies, a climate neutral target enables an organization to accelerate the global transition to net zero and demonstrate climate leadership.

What does “carbon neutral” mean?

A carbon neutral target is a public commitment made by an organization to balance greenhouse gas emissions that result from their operations with an equivalent amount of emissions reduced, avoided, or removed outside of their operations. Organizations that commit to carbon neutral targets pursue aggressive strategies to reduce gross emissions year-over-year and then compensate for all unabated emissions through the purchase of carbon credits from projects that sequester, avoid, or remove an equivalent amount of greenhouse gas emissions.

Three key steps to achieve carbon neutrality at any stage of your decarbonization journey

Measure carbon footprint in line with an established methodology

Take steps to reduce internal emissions (including developing a long-term emissions reduction plan)

Purchase carbon credits to compensate for any unabated emissions annually

3Degrees offers a range of products and services to help organizations reduce their greenhouse gas emissions in line with climate science, achieve carbon neutral targets, and accelerate the transition to a net zero economy, including:

Assessment of complete emissions profile

Tailored GHG reduction roadmap that addresses operational emissions (Scopes 1 and 2) as well as value chain emissions (Scope 3)

Portfolio of carbon reduction and removal projects that maximizes environmental impact and mitigates risk

Why set a carbon neutral target?

Committing to a carbon neutral target supports an organization’s internal emissions reduction strategy by providing a framework to contribute to and accelerate global emissions reductions. While pursuing a carbon neutral target is an impactful immediate step, it is intended to serve as a complement to broader decarbonization strategies, not a replacement.

Considerations for carbon neutral commitments

Established standards and protocols provide guidance for organizations pursuing a carbon neutral commitment.

Carbon Neutral Commitments Support Long-Term Decarbonization

Pursuing carbon neutral targets can reinforce other climate initiatives like science-based targets and support the transition to net zero emissions.

 

Tools for Addressing Unabated Emissions

TOOLS

Avoided emissions technologies

Refers to projects that avoid the release of greenhouse gases into the atmosphere.

Examples: Methane capture at landfills, methane avoidance at dairy farms, and clean cookstoves

Natural climate solutions

Often called nature-based solutions – are classified as conservation, restoration and/or improved land management that increase carbon storage or avoid greenhouse gas emissions.

Examples: Improved forest management, wetlands protection and restoration, avoided conversion of grassland and soil carbon/regenerative agriculture

sustainable-forestry
Carbon removals

Refers to activities that sequester or remove carbon dioxide from the atmosphere and store the CO2.

Examples: Reforestation/afforestation, soil carbon sequestration, direct air capture, and carbon storage

Value chain interventions

Refers to working with upstream and downstream value chain partners to implement relevant emission reduction programs. By using existing methodologies to quantify the emission reductions, organizations can credibly quantify and claim the benefit of supply chain projects.

Examples: An organization that purchases and uses dairy products can work with suppliers or with farmers to implement new alternative manure management practices that have direct emission reduction benefits to its business and supply chain.