The document discusses carbon neutrality, detailing the types of carbon offsets, how to achieve net emissions, and the importance of carbon accounting. It outlines various offset projects and compliance standards, emphasizes the need for transparency in carbon claims, and provides case studies of organizations that have become carbon neutral. It also highlights the importance of choosing reputable offsets and the potential penalties for misleading environmental claims.

1. Carbon NeutralityMost have an opinion, but what are the facts?Sustainable Business Consulting Pty LtdLevel 32, 101 Miller Street, North Sydney 2060P: 1300 102 195 | F: +61 2 8079 6101www.sustainablebizconsulting.com.au ACN 140 233 932 | ABN 46 506 219 241Accredited by the NSW Government – On the panel of preferred suppliers

2. AgendaIntroduction to offsetsTypes of offsetsOffset projectsScopesBoundaries for carbon neutralityCarbon accounting – arriving at zero net emissionsEPA Victoria’s carbon inventory as an exampleBest way of arriving at carbon neutralityHow do you purchase offsets?Company examples

3. Is There Anything Specific You Would Like Me To Cover Today?

4. Introduction to Offsets1 carbon offset represents the reduction of 1 tonne of CO2-e You are paying someone else to reduce emissions on your behalfCompliance versus Voluntary MarketCV

5. Types of offsetsRenewable energy (solar, wind, biomass, hydro)Energy efficiency (manufacturing processes, distribution of energy efficient products)Forestry and bio sequestration (most common in voluntary market)Methane (livestock, landfill, coal)Industrial gas destruction

6. Offset Projects - CDM Best Pictures Contest 2010CDM PROJECT: 1229 Chile, N2O Destruction Project in the Tail Gas of the Nitric Acid PlantCDM Project: 1754 India CFL distributionCDM Project: 0268 Brazil, LagesMethane Avoidance Project CDM Project: 0740 Egypt, ZafaranaWind Power Plant Project

7. ScopesSource: http://www.cleanair-coolplanet.org/documents/zero.pdf

8. The Confusing World ofCarbon NeutralityThere is no universal definition

9. What Can Be Carbon Neutral?OrganisationProductEventTripActivity

10. BoundariesSource: http://www.cleanair-coolplanet.org/documents/zero.pdf

11. Carbon Accounting – Arriving At Zero Net EmissionsScope 1 emissions+Scope 2 emissions +Scope 3 emissions=Gross emissions-Offsets=Net emissionsOrganisational Carbon FootprintIdeally you will have zero emissions hereCARBON NEUTRAL POSITION

12. Example – Carbon Inventory EPA VIC

13. … EPA VIC Example ContinuedScope 1 435.49Scope 2 2744.29Scope 3 1389.01Total 1 + 2 + 3 4568.73 even less than zero!

14. The Best Way Of Arriving At Carbon NeutralitySource: http://www.cleanair-coolplanet.org/documents/zero.pdf

15. Purchasing OffsetsHow many do you need to buy?How much will they cost? ($5 - $50 per tonne of CO2-e)What kind of offset will you buy?Organisational valuesType and location of offset projectCertification to a standard? (Gold Standard, CDM, VCS, VER+)Co-benefits? (Sustainable development in developing country, creation of habitat for local flora and fauna, etc.)Go to carbonoffsetguide.com.au and choose one that suits your organisationOnly buy offsets from retailers who are able to address all your queries Take your time and do your researchEnsure that the offsets get retiredAnd finally: communicate your efforts to your stakeholders, be transparent

16. Case Studies

17. City of Sydney – Carbon Neutral OrganisationMeasureAvoid and reduceSwitchOffset

18. News Corp – Carbon Neutral Organisation

19. Qantas – Fly Carbon Neutral

20. Take-away MessagesAvoid and reduce firstUnderstand & communicate your boundariesOnly buy reputable offsets

21. Thanks For Attending This Presentation Sustainable Business ConsultingWe are happy to help you further with your Carbon Management needs

22. Appendices

23. Why Do Companies Buy OffsetsTo internalisecarbon costs and raise carbon awarenessTo meet business goals – reduction of carbon footprintTo gain market experience to prepare for a potential future ETSTo enhance the brand imageTo attract investors (demonstrates proper handling of carbon risk)To attract and retain employees

24. ACCC And Carbon ClaimsIllegal for a business to make an environmental claim (e.g., ‘carbon neutral’) that is misleading or deceptive, or is likely to mislead or deceive consumersFinancial penalties for false representations:$1.1 m for businesses$220,000 for individualsWhen making claims of carbon neutrality, spell out exactly what is included in your claimAvoid claims like ‘low carbon’Don’t make claims about aspirational goals (‘going carbon neutral by 2030’)Be ACCURATE and SPECIFIC with your claimsIf you use a logo of a scheme that not many customers are familiar with, give your customers an opportunity to find out more

25. The NCOS Standard – Following On From Greenhouse FriendlyPreparation of a GHG inventoryPreparation of a GHG reportInclusion of all scope 1 and 2 emission sourcesInclusion of the following scope 3 emission sources:Business travelDisposal of wastePaper useEmissions management plan, including strategy for carbon reductionOffsets need to be retired on a registry (offsets allowed: CDM, Gold Standard, VCS, note: no GreenPower!)Application to use NCOS logoPublication of carbon footprint/emissions reduction activities/offsets mandatory

26. EPA VIC Journey To Carbon NeutralityEPA VIC has achieved ‘carbon neutrality’ for the first time for FY 2005–06First step was to create a robust inventoryEPA Victoria looked for offset products thatWere accredited to a recognised standardWere independently verifiedProvided other environmental benefitsThey also asked for documentation demonstrating that the offsets were robust