Even the renewable solution you are using cannot completely decarbonize your operations. TRACIFIC also supports you with agricultural and reforestation carbon offsetting projects to offset the remaining emissions.
Carbon credits can help companies offset emissions in three cases:
Handling scope 3 emissions:
While it is easy to control scope 1 and scope 2 emissions as they are “internal”, scope 3 emissions depend on other factors that are not controllable by a company wishing to reach net zero. Carbon credits solve this issue by enabling companies to offset their net emissions.
Case: You are a service company which depends a lot on air travel. Your business is travel-dependent, You cannot choose the fuel of the airline, and air travel is your only gateway. Compensating is the only solution for your business to be net zero.
The last ten percent
You have done anything you could in your whole scope 1, 2 and 3 and you see that it remains 10 to 15% in order to reach the net zero, you then have no choice and have to compensate
Case: Imagine you are selling a renewable product or a consumer product whose environmental footprint is close to zero. You want to sell to your consumers something completely net zero.
All your suppliers have done the best and they have reached at best 90% GHG reduction. Carbon credits will help you finish with the last ten percent.
You cannot touch your scope 1, 2
Touching your scope 1 and/or 2 will result in an abrupt increase of costs which you cannot allow should you stay competitive against your competition.
Case: You are highly dependent on the energy you use, and there is no cheap alternative for your business or the technology has not been developed so far. You realize that the only solution is costing more than 100€ per ton of CO2e reduced, threatening your competitiveness. Carbon credits are a temporary solution for you.
Tracific is a global climate consultancy and project developer, helping businesses and organizations succeed in their climate ambitions. At Tracific, we will help you provide the best solutions according to your decarbonization strategy, drafting the right number offsetting, in line with your current efforts.