THE ESG KNOWLEDGE BANK

Google just claimed itself to be the first company to eliminate carbon in its process.

Carbon neutral was the New Oxford American Dictionary's word of the year in 2006 post which it has been extensively used worldwide.

By definition, carbon-neutral (or carbon neutrality) is the balance between emitting carbon and absorbing carbon emissions from carbon sinks.

Carbon sinks are any systems that absorb more carbon than they emit, such as forests, soils and oceans.

Few Important terms

• Carbon Neutral means that any CO2 released into the atmosphere from a company activities is balanced by an equivalent amount being removed.

• Carbon Neutral refers to reducing all GHG to the point of zero while eliminating all other negative environmental impacts

• Net Zero carbon emissions means that an acitvity releases net zero carbon emissions into the atmosphere.

• Net Zero emissions balance the whole amount of greenhouse gas (GHG) released and the amount removed from the atmosphere.