Abstract

To reach net zero, a business must balance the amount of greenhouse gas (GHG) it releases with the amount it removes from the atmosphere. For every metric ton of pollution, it emits, it must find a way to remove the equivalent amount within a given time frame, even from an outside source. How can companies achieve this ambitious goal? Businesses must offset their GHG emissions to adhere to the Paris agreement. All companies should at least halve their emissions by 2030. Companies may be exposed to catastrophic weather events if global temperatures increase more than 2.7 degrees Fahrenheit by then. Those failing to comply will likely face supply chain instability and financial penalties. This paper examines how businesses are achieving the coveted net-zero status.

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