Table 1 Evidence of competition between voluntary emission offsetting and internal decarbonisation
From: The negligible role of carbon offsetting in corporate climate strategies
Company | Delay Pathway | Case |
|---|---|---|
Delta Air Lines | Investment effect | In February 2020, Delta Air Lines committed to spend USD 1 billion towards climate neutrality over 10 years. This budget is shared between carbon reductions within Delta, scaling of sustainable aviation fuel, advancing new technologies, and expanding their offset portfolio42. |
easyJet | Investment effect | After stopping large-scale offsetting, easyJet announced that they would “transition [their] investments from out-of-sector carbon offsetting into supporting [...] the individual elements of [their] roadmap, to decarbonise [their] operations."64 |
Shell | Target effect | Shell’s scope 3 targets for 2030 and 2050 based on net carbon intensity allows the use of carbon credits to offset emissions44. |
Eni | Target effect | Decarbonisation targets for scope 1,2 and 3 allow carbon credits ("Net Carbon Footprint” and “Net GHG Lifecycle Emissions”)43. |
Inpex | Target effect | Inpex’s scope 1 and 2 target for 2030 allows for emission offsetting45. |
