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Climate neutrality in business : ten recommendations for implementation

  • More and more companies are announcing their intention to become climate-neutral and numerous companies already offer climate-neutral products or services: From climate-neutral parcel delivery to air travel. But what exactly do the companies' net-zero targets mean? Is the target set ambitious? And what role does offsetting play, i.e., purchasing carbon credits that are accounted against the company's own climate target? The approaches behind the proclaimed targets are often difficult to understand. Against this background, this Zukunftsimpuls provides ten recommendations for the definition and implementation of neutrality targets. Among other things, the authors advocate the use of a robust database as the basis for net-zero targets,More and more companies are announcing their intention to become climate-neutral and numerous companies already offer climate-neutral products or services: From climate-neutral parcel delivery to air travel. But what exactly do the companies' net-zero targets mean? Is the target set ambitious? And what role does offsetting play, i.e., purchasing carbon credits that are accounted against the company's own climate target? The approaches behind the proclaimed targets are often difficult to understand. Against this background, this Zukunftsimpuls provides ten recommendations for the definition and implementation of neutrality targets. Among other things, the authors advocate the use of a robust database as the basis for net-zero targets, emphasize the importance of transparent communication, and highlight the role that offsetting should play. Purchased carbon credits should make as limited a contribution as possible for meeting climate targets and should only be used to offset emissions that cannot be reduced or avoided. More generally, net-zero targets should not be made the sole criterion for ambitious climate strategies. Rather, they are a building block of a much more comprehensive strategy of corporate climate action.show moreshow less

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Metadaten
Document Type:Working Paper
Author:Nicolas Kreibich, Jens Teubler, Markus Kühlert, Nadine Braun, Victoria Brandemann
URN (citable link):https://nbn-resolving.org/urn:nbn:de:bsz:wup4-opus-78685
DOI (citable link):https://doi.org/10.48506/opus-7868
Publisher:Wuppertal Institut für Klima, Umwelt, Energie
Place of publication:Wuppertal
Year of Publication:2021
Number of page:20
Series Title (English):Zukunftsimpuls
Volume:20
Language:English
Divisions:Energie-, Verkehrs- und Klimapolitik
Nachhaltiges Produzieren und Konsumieren
Kreislaufwirtschaft
Dewey Decimal Classification:330 Wirtschaft
Licence:License LogoCreative Commons - CC BY - Namensnennung 4.0 International