Carbon Neutral vs. Net Zero: What’s the Difference and Why It Matters
As climate change intensifies, terms like carbon neutral and net zero have gained prominence in environmental discussions. While these terms are sometimes used interchangeably, they reflect different strategies and levels of commitment in addressing climate impact. Understanding these distinctions is vital for anyone aiming to make informed decisions on climate action. What is Carbon Neutrality? Carbon neutrality refers to balancing carbon dioxide (CO₂) emissions by…
Choosing the Right Carbon Accounting Approach: Spend-Based vs. Activity-Based Emissions Tracking
For businesses committed to achieving carbon neutrality, measuring and managing embodied carbon is a critical step. The challenge lies in choosing the most effective approach to carbon accounting. Two widely recognized methods are the Spend-Based Approach and the Activity-Based Approach. Each offers distinct advantages and potential limitations, and selecting the right one depends on factors such as business needs, available…