Carbon Offset Strategy
The past few years have seen a rapid increase in organisations transitioning to carbon neutrality. For the vast majority, achieving carbon neutral status requires at least some level of carbon offsetting.
For businesses with the opportunity, a carbon offset strategy with self-generating carbon offsets can be an excellent way to mitigate the risks from the future price of carbon. It can also become a rewarding, cornerstone piece of any organisation’s carbon neutral (or net zero) strategy as well as broader sustainability goals.
The Emissions Reduction Fund (ERF) provides an opportunity for organisations to generate high-integrity carbon credits known as Australian Carbon Credit Units (ACCUs). The ERF is a voluntary scheme that provides incentives to adopt new practices and technologies to reduce emissions.
A number of activities are eligible under the scheme, including the planting of trees. Participants in the scheme earn ACCUs for emissions reductions. One ACCU is earned for each tonne of carbon dioxide equivalent (tCO2-e) stored or avoided by a project. ACCUs can be sold to generate income, either to the government through a carbon abatement contract, or in the secondary market. ACCUs can also be surrendered to achieve carbon neutrality and emissions reductions targets.
How We Can Help
We have a multi-disciplinary team of carbon offset and ERF experts and can help your organisation navigate the ERF framework.
We assist in all aspects of carbon offsetting strategy and implementation, including:
- Carbon Offset Strategy development to form a view of opportunities, costs and build an internal business case
- Carbon Project Due Diligence to identify eligible and feasible project opportunities
- Carbon Offsets Project Implementation Advisory and Support
- Carbon Project audit and assurance
Self-Generating Carbon Offset Projects
Get In Touch
Speak to our experts today about your carbon offsets project. Fill out the contact form below or call the team on 03 7035 1740, we’re here to help.
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