What is carbon neutrality?

Jul 5, 2022

By: Soniya Tiwari

To fight climate change, companies are making an effort to become carbon neutral...

and many have pledged for the same to protect biodiversity.

Credit: canva

GUCCI

Italy’s most expensive brand has become fully carbon neutral in an attempt to tackle the climate crisis. Its global offsetting portfolio of REDD (reducing emissions from deforestation and forest degradation) projects intend to create a positive economic and social impact.

Credit: BCCL

Microsoft

Microsoft had pledged to become carbon neutral in 2012. It said that it will shift to 100 percent renewable energy. “While the world will need to reach net zero, those of us who can afford to move faster and go further should do so,” said Brad Smith, president of Microsoft.

Credit: BCCL

Nestle

The company is taking holistic and scientific measures and spending $3.6 billion to halve its carbon emissions by 2030 and achieve net-zero emission by 2050. It will switch to 100 percent renewable energy and help farmers in regenerative agriculture.

Credit: nestle

Unilever

In June 2022, the company pledged to become carbon neutral by achieving net zero emissions by 2039. “We're working with our suppliers to reduce the carbon footprint of our products, through radical product innovation and deep partnerships,” the company said.

Credit: unilever

Apple

In July 2022, Apple pledged to become carbon neutral across the globe for its supply chain and products. The company plans to bring its entire carbon footprint to net zero 20 years sooner than IPCC targets.

Credit: bccl

IBM

The technology-corporation company pledged to achieve net-zero greenhouse gas emissions by 2030. For this, it will try to deploy renewable energy and carbon capture technologies to account for any remaining emissions

Credit: bccl

Intel

Another tech major promised to become carbon-neutral by 2040 by lowering the carbon footprint of its products. The company has also set some interim goals like using renewable energy in all its global activities.

Credit: bccl

Adani Group

Indian billionaire Gautam Adani had announced his plans to expand renewable power capacity almost five-times by 2030. In September 2021, he also promised to take charge of his ports and convert them into net carbon zero by 2025.

Credit: bccl

ITC

The Indian conglomerate has visions to meet its 100 percent energy needs with renewable sources by 2030. The company also announced its plans to implement ‘large-scale digitalization’ and decarbonize its energy consumption.

Credit: bccl

Indian Railways

Indian Railways plans to become the world's first net-zero carbon emitter by 2030 in the railway network. Presently, it is one of the largest consumers of electricity in India and spends nearly ₹11,000 crore every year on electricity.

Credit: Indian-Railways

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