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