Carbon Neutrality

A zero-carbon economy in all sectors

The Intergovernmental Panel on Climate Change (IPCC) defines Carbon Neutrality this way: "anthropogenic greenhouse gas emissions are offset by an equal amount of emissions reduced, avoided, or sequestered within a given time horizon."

A company or product that is defined as "carbon neutral" or "carbon free" is removing the same amount of carbon dioxide it emits into the atmosphere to achieve the Net-Zero emissions goal. To achieve this, so-called unavoidable emissions must be addressed by offsetting through instruments such as carbon credits, which are able to "compensate" for the difference.

carbon-neutrality

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CARBON NEUTRAL PRODUCT

The achievement of Product’ Carbon Neutrality represents a strategic activity for the positioning among the leading companies in the fight against climate change. At the same time, it becomes a tool to monitor the performance of a product and to design products with lower emissions thanks to the consolidated LCA approach. Learn more

An active contribution to the fight against climate change

To date, the concept of Carbon Neutrality in the business sector has been approached in different and sometimes divergent ways. Very often the term is interchanged with Climate Neutrality, but when we talk about climate neutrality we refer to the neutralization of other greenhouse gases (GHGs) and climate-altering substances in general, not just CO2 emissions.

The goal of Carbon Neutrality is essential for an active contribution to the fight against climate change and the maintenance of global temperatures below 1.5 ° C: without the achievement of the Net-Zero Emissions goal, i.e. the balance of net greenhouse gas emissions produced by man and absorbed/removed (eg by Nature Based Solutions - Gas Capture and Storage), the concentration of CO2 in our atmosphere will continue to rise, making it impossible to combat global warming.

obbiettivi carbon neutrality
carbon neutral

Companies that intend to undertake a path of "neutralization" or "compensation" of residual emissions that for technological or economic limitations they cannot avoid, can rely on experts able to develop together with the company a strategy to achieve CO2 neutrality.

Carbon Credits

Carbonsink is the only Italian company internationally accredited in developing CO2 emission reduction projects capable of generating certified carbon credits certified with the main international standards.

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Nature Based Solutions

Nature Based Solutions (NBS) help facing climate change supplying benefits for biodiversity conservation; they’re positive actions which bring combined advantages at a social, environmental, and economic level.

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Renewable Energy Certificates

Tools available to the private sector to incentivize the production of renewable energy and obtain a leadership role at an international level, by calibrating the economic effort to the reduction and reporting objectives.

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Carbonsink accompanies the company through all the steps necessary to achieve Carbon Neutrality:

DEFINITION OF CLIMATE STRATEGY

Planning and implementation of a strategy resilient to climate risks and opportunities and integration in the company strategy;
Reporting on aspects related to Climate Change;
Alignment of climate strategy with TCFD recommendations and integration into reporting system.

SETTING EMISSION REDUCTION TARGETS

Set reduction targets that are aligned with the Paris Agreement objectives and keeping global temperatures below 1.5°C, and are consistent with the company's sector;
Develop an ad hoc short-, medium-, and long-term emissions reduction plan.

FINANCING VERIFIABLE OFFSET PROJECTS ABLE TO MITIGATE CLIMATE CHANGE AND OFFSET UNAVOIDABLE EMISSIONS ASSOCIATED WITH THE ACTIVITIES OF A COMPANY

Carbonsink develops and selects carbon projects capable of generating carbon credits on the regulated market (CERs) and voluntary market (VERs) in accordance with the highest international standards. These are the common criteria for carbon credits defined by the main standards:

Additional - ensuring that emission reductions are additional to what would have happened in the absence of the project (in the "business-as-usual" scenario).
Reale – riduzioni delle emissioni che sono il risultato di un'attività concreta del progetto e che devono comportare una riduzione netta assoluta delle emissioni di gas a effetto serra.
Measurable - it is essential that emission reductions be accurately quantified. The quantification process includes the use of an ad hoc approach to estimate the "baseline" scenario.
Verifiable - the project must receive independent verification. The verifier must be an independent third party, accredited and recognized by the Carbon Standard.
Permanent - emission reductions must be non-reversible. Permanence refers to the duration of an offset project's climate benefit and varies by project type.
Enforceable - because carbon credits are an intangible asset, it is particularly important to establish clear ownership rights to the GHG reductions represented by the credit; offsets should be supported by legal instruments that clearly demonstrate exclusive and enforceable ownership rights.

STAKEHOLDER INVOLVEMENT & AWARENESS IN THE TRANSITION TO A ZERO EMISSION ECONOMY

Carbonsink helps companies to enhance Carbon Neutrality inside and outside their corporate boundaries. The objective is to implement an action plan aimed at involving and transferring "know-how" to the various stakeholders, who must be actively involved in the process of transforming the company's business model.
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