Offsetting our remaining CO₂ emissions

The second commitment of our Greenhouse Neutral Programme is to compensate all CO₂ emissions we cannot avoid. For the seven emissions sources covered in the second phase of our Greenhouse Neutral Programme, we bought and retired VERs for a total of 70 600 tonnes of CO₂e in 2015.

We are keen to ensure that the VERs we buy are of a high environmental standard. Therefore, we have developed a set of criteria to select projects that generate certificates. In particular, we give priority to those which create strong social side-effects and benefit the poorest regions. In 2015, we involved 14 representatives from our top management (“Growth Market Ambassadors”), chaired by one of our key executives, in the decision on how to offset our remaining CO₂ emissions. You can read more about the project they selected in “Biogas digesters for Vietnam”.