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

Here’s how to make North Sea drilling compatible with net zero
By Professor Myles Allen, Founding Director of Oxford Net Zero and Head of Atmospheric, Oceanic and Planetary Physics, University of Oxford. Originally published by the Financial Times on 29 July 2026. Republished with permission. Click here ... Read more

Job opening: Executive Officer, Impact and Engagement (now closed)
THIS OPPORTUNITY IS NOW CLOSED. Oxford Net Zero is seeking an organised and proactive Executive Officer to support its policy engagement and impact activities focused on corporate climate action, accountability, and net zero governance. ... Read more

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
See more news and events