Carbon neutral: Definition
A business achieves carbon neutrality when its primary operations do not result in a net increase in greenhouse gas (GHG) emissions. This implies that a company can attain carbon neutrality without addressing its scope 3 emissions, despite these emissions accounting for the bulk of emissions for most companies. To align with the objectives of the Paris Agreement, companies must surpass carbon neutrality and strive for net-zero emissions.
Related Terms
Climate positive
A business is climate-positive (or carbon-negative) when its activities result in a reduction of carbon in the atmosphere…
Net zero
Net zero is the point at which the greenhouse gases an organisation or country emits are balanced by…
Scope 1 emissions
Scope 1 emissions encompass direct greenhouse gas (GHG) emissions generated by a company during its core business operations…
Paris-aligned
A Paris-aligned carbon reduction target is consistent with the Paris Agreement's goal to limit global warming to well…