This report outlines how companies considered sustainability leaders, at the forefront of net- zero ambition, are defining and managing their Scope 3 emissions, and using credits, sinks, offsets, and insets to compensate emissions or complement their climate strategies through additional contributions. Our analysis is based on a database of the net-zero targets of the Forbes 2,000 largest companies, annual reports, and other public documents, and a set of 10 interviews with managers involved in different aspects of net-zero targets and strategy implementation in the food and tech/media sectors.
Net zero business or business for net zero? A report on corporate climate leadership practices on scope and offsetting
Publication details
Carbon offsetting The meaning of net zero
Report
Axelsson, Kaya Brophy, Aoife
2022
Latest news

ISO Net Zero Draft International Standard now available for public consultation
The ISO Draft International Standard (DIS) 14060 Net zero aligned organisations is now available and ready for public consultation. You can download the draft standard from the BSI website here (opens new page). This standard builds on ... Read more

ONZ Executive Director Steve Smith appointed MBE for services to Climate Science
We're delighted to announce that Dr Steve Smith has been appointed Member of the Order of the British Empire (MBE) for services to Climate Science. Steve is Arnell Associate Professor of Greenhouse Gas Removal at the Smith School of ... Read more

The conveyor belt of progress: time for an update?
This blog was written by Rose Hansen, who recently completed a micro-internship with Oxford Net Zero's Engagement Team. From its inception, Oxford Net Zero has existed as a resource for companies who want to align themselves with ... Read more
See more news and events