Carbon neutrality

What does "carbon neutrality" mean for corporates?

• Completely eliminating carbon emissions from all operations

• Balancing the amount of carbon emitted with an equivalent amount removed from the atmosphere

• Reducing carbon emissions by 50% compared to the previous year

• Using carbon-based fuels exclusively for business operations

Why is carbon offsetting used by some corporates?

• To justify higher carbon emissions for economic growth

• To reduce the carbon footprint of their business

• To increase shareholder profits

• To avoid reporting carbon emissions altogether

Which of the following are examples of a carbon offset project?

• Proposing vegan food at the canteen

• Investing in a wind energy farm

• Investing in Carbon Capture and Storage (CCS)

• Planting trees through some associations

What does Scope 1 emissions refer to in corporate carbon accounting?

• Indirect emissions from purchased electricity

• Emissions from employee commuting

• Emissions from business travel

• Direct emissions from owned or controlled sources like vehicles and facilities

What is the role of corporate social responsibility (CSR) in achieving carbon neutrality?

• CSR has no impact on carbon neutrality efforts

• CSR can be used as a greenwashing tactic to cover up high emissions

• CSR helps corporates prioritize sustainability and implement carbon reduction strategies

• CSR is only relevant for non-profit organizations, not corporates

What challenges may corporates face in their journey towards carbon neutrality?

• Changing regulations and varying levels of government support for sustainability initiatives

• Assessing and reducing emissions throughout the entire supply chain

• Significant upfront costs required for the transition

• Resistance to change or a lack of awareness and understanding of sustainability goals can slow down progress