Carbon offsetting allows an organisation to be accountable for its unavoidable emissions, reducing its impact on the environment and helping to drive the low-carbon transition in a cost-effective way. The benefits to an organisation include:

• Being recognised for climate leadership as part of a broader Corporate Social Responsibility (CSR) or sustainability strategy

• Responding to demand from stakeholders, from consumers to investors, to disclose and manage climate risk to the business

• Earning the credibility that comes from being responsible for full environmental impact or costs to natural capital

• Pre-compliance measures where companies may be exposed to carbon pricing measures like a carbon tax

• Reducing commercial risk from supply chain threats as a result of climate change