Climate Neutral's purpose is very simple: to get companies to offset and reduce their carbon emissions. By the end of their first year (2020) they had already certified 147 brands and offset 2,000,000 tons of carbon emissions, not bad… at all. Today, Climate Neutral's label is one of the world's most known tags in the environmental-friendly industry, they have certified almost as much as 300 brands and have an estimated 1,112,672 tons of carbon already offset in their books. Their goal? To reduce one billion tons of carbon dioxide by the year 2030. Like we said… not bad… at all.
We have mapped Certified Vegan to:
- Reducing Carbon Emissions
- Reducing Waste
- Protecting Ecosystems
Carbon Neutral Certifies:
- Companies
- Products
- Suppliers & Manufacturers
Cost to get certified:
There are two costs. The first, which Climate Neutral estimates at about 0.5% of the annual revenue of the company, is the cost for companies to properly offset their emissions. If a company's annual revenue is, let's say $100M, then $500k would cover their annual carbon offset. The second, which is the certificate fee, ranges from $0.75 per tonne to $0.03 per tonne depending on the company's total emissions. An initial $750 fee is also required for first-time brands.
Do they perform audits on companies:
Yes, and a year-long license is emitted for the use of the climate neutral brand. Brands must remain carbon neutral in order to remain certified.
Controversies:
While there are not any controversies, the impact of purchasing carbon offsets on reducing carbon is widely criticized. You can read more about Greenpeace's opinion.
