When greenhouse gas removals, internal and external, exceed its emissions. sometimes called “net negative” but race to Zero prefers the term “climate positive”

A company that produces no greenhouse gases emissions from its operations is qualified as carbon Zero. this is sometimes referred to as an Absolute Zero target.

Some greenhouse gas emissions are generated but are offset elsewhere to make overall emissions balance zero.

A combination of reducing and offsetting carbon emissions gHg reductions follow science-based pathways, with any remaining gHg emissions being fully neutralized by like-for-like removals within the value chain or through purchase of valid offset credits.

Carbon credits are measurable, verifiable emission reductions from certified climate action projects, such as wind energy, biomass, or forest conservation. these projects reduce, remove or avoid greenhouse gas (gHg) emissions. An organisation can purchase a carbon credit, which allows them to emit a certain amount of carbon dioxide or other greenhouse gases. one credit permits the emission of a mass equal to one tonne of carbon dioxide.

These are the globally accepted standard for companies setting their carbon reduction goals. targets are considered science-based if they align with the objectives set out by the paris Agreement. this treaty, which came into place in 2015 and was signed by almost 200 countries, has the aim to limit global warming to below 1.5°c – 2°c, from pre- industrial levels.

A science-based target has to be set with a start date no further than 5 years back and with a 15 year window. globally manufacturing requires an almost 80% reduction in emissions from 2010-2050. muntons was recognised as having taken early action to reduce prior our base year of 2010 hence our target was ratified as being 45% reduction in scope 1 and 2 emissions and a voluntary reduction in scope 3 of 30%.

Carbon footprint is the impact of these six gasses in
different parts of the supply chain, broken down into three scopes: