Carbon Offsets Decarbonize Greenhouse Gas Protocol Shipping 
ESG Today
MARCH 20, 2023
Additionally, the absolute emissions reduction target does not include the use of carbon offsetting. Setting a target to reduce our total absolute emissions will support the decarbonization of our Group, while we continue to align with a 1.5°
B the Change
FEBRUARY 25, 2023
There are clear consequences for business , as well, from supply chain and shipping disruptions to higher costs, changing markets, and regulatory shifts. Many available offsets are ineffective or even destructive for local communities. Most companies use the Greenhouse Gas Protocol (GHG Protocol) to guide their emissions measurement.
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