CO2 offsetting, the pathways to carbon neutrality

Absorbing all the CO2 we are globally releasing, 1.6 billion hectares of land would require to be replanted, an amount equal to 5 times the size of India. Yet there is not enough land to do so; to achieve carbon neutrality by 2050, we must first reduce CO2 emissions and, ultimately, offset incompressible ones (latest report by Science-Based Target initiative).
Offsetting CO2 emissions through reforestation projects is not alone enough to achieve carbon neutrality and cannot replace measures to reduce emissions. Offsetting efforts should be planned while also paying attention to their social purposes, regeneration of natural assets, and proper land use.

At Fedrigoni we are focusing on reducing our CO2 emissions by 30% (Scope 1 + 2) by 2030 and are awaiting SBTi’s approval for our Scope 3 CO2 reduction target.

Let’s talk about in this Bit on Sustainability.

Bits on Sustainability are written by Fedrigoni’s Sustainability Team

PDFRead and find out more

Related Insights
 

Cover

Biodiversity: our efforts for its protection

«Making peace with nature is the defining task of the 21st Century», António Guterres, Secretary-General of the United Nations. Biological diversity means the variability among living organisms and the ecological complexes of which they are part (UN Convention on Biological Diversity). Amazing diversity, driving the balance of natural systems and essential to human flourishing thanks...
Cover

Why the “plastic to paper” transition is a must-have

Plastic packaging alone accounts for 26% of the total volume of plastic produced and used worldwide. Although it offers direct and indirect economic benefits (particularly the level of merchandise storage and fuel consumption for transport due to the reduced weight of the packaging), its low level of recycling makes it a threat to the oceans...