5 Companies That Are Going Carbon Neutral: World Environment Day 2022

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- Updated: 24th Jul 2022, 14:49 IST
  • 1
    What is carbon neutrality?
    • What does it mean to be carbon neutral?
  • 2
    Top 5 companies that have Pledged To Go Carbon Neutral
    • Google
    • Apple
    • Intel
    • Microsoft
    • IBM

Many prominent companies have stated intentions to reduce carbon emissions as concerns about global warming, which is caused by carbon emissions, mount. Several tech companies are going carbon neutral. By decreasing their carbon emissions, all of these tech companies have pledged to contribute to developing a solution to this problem. Here’s a look at what these firms have said about their plans to reduce their contribution to global carbon emissions.

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What is carbon neutrality?

Carbon neutrality refers to a balance between carbon emissions and carbon absorption from the atmosphere in carbon sinks. Carbon sequestration is removing carbon oxide from the air and storing it. To attain net-zero emissions, all global greenhouse gas emissions must be offset by carbon sequestration.

When companies, processes, and products quantify their carbon emissions and compensate for them through carbon offsetting programmes, they become carbon neutral. In addition to avoidance and reduction, carbon offsets are an essential part of a comprehensive climate strategy.

Greenhouse gases, such as carbon dioxide, distribute uniformly in the atmosphere, implying that greenhouse gas concentrations are roughly the same everywhere. As a result, where emissions are created or avoided on the planet has no bearing on the global concentration of greenhouse gases or the greenhouse gas effect.

As a result, emissions that can’t be prevented locally can be compensated for through carbon offset initiatives in other areas. This can be accomplished, for example, by forest conservation, afforestation, or the increase of renewable energy sources.

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What does it mean to be carbon neutral?

Companies worldwide are pledging to become carbon neutral, but how do they do it? Companies are urged to use a carbon accounting methodology for the endeavour they attempt to solve. First, calculate your company’s carbon footprint using our Carbon Management software, which is simple to use.

You’ll have a better idea of how much your organisation needs to offset once you’ve assessed the total carbon footprint. Then, by analysing the worst carbon indicators – where your organisation emits the most – and taking action, you can minimise carbon emissions. Last but not least, balance out what’s left.

Since zero-carbon emissions are hard to achieve, offsetting is a practical option for becoming carbon-neutral. Offsetting your carbon emissions sends a powerful statement to your community, demonstrating your commitment to paving the path for a more sustainable future. The monies raised from reducing your carbon footprint will be used to provide low-carbon technologies to communities most vulnerable to climate change’s effects. You must, however, guarantee that the offset project is transparent and that local populations are involved in the process.

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Top 5 companies that have Pledged To Go Carbon Neutral

Google

Companies Going Carbon Neutral: Google

Google is one of the tech companies that claim to have achieved carbon neutral in 2007 and was the first corporation to match 100 per cent of its global annual electricity use with renewable energy in 2017 by bringing approximately 6GW of new renewable energy online. This indicates the corporation buys enough renewable energy to offset all its electricity usage.

Since it is not yet fully viable to power a firm of Google’s magnitude with 100 per cent renewable energy, Google “matches” its energy use. However, by 2030, it has pledged to decarbonise its electrical supply and operate on carbon-free energy 24 hours a day, seven days a week. Google Cloud and Google Workspace have zero operational greenhouse gas emissions, according to the company’s 2021 sustainability report.

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Apple

Companies Going Carbon Neutral: apple

Apple declared in July 2020 that by 2030, the company’s entire business, manufacturing supply chain, and product life cycle would be carbon neutral. The firm claims that over 70 suppliers have pledged to employ 100 per cent renewable energy in their manufacturing processes, equating to almost 8 gigawatts of commitment.

According to the firm, these agreements have the potential to save nearly 13.3 million metric tonnes of carbon dioxide. In addition, Apple has teamed up with the US-China Green Fund to spend $100 million on expedited energy initiatives for its suppliers. Its corporate operations also have a renewable energy capacity of over 1GW. Apple is indeed going carbon neutral like many other tech companies.

In March, the company also announced the first usage of its carbon-free aluminium smelting technology, which would be utilised in the 2022 iPhone SE. The low-carbon aluminium is also used in the production of the 16-inch MacBook Pro. Apple is also investing in carbon sequestration through afforestation and other natural-based alternatives.

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Intel

intel

Intel is yet another one of the top tech companies committed to going carbon neutral by 2040, as well as improving energy efficiency and reducing the carbon footprint of its products and platforms. In addition, by 2030, the corporation has set a few interim goals. By that time, the company intends to use only renewable energy in all of its global activities.

Intel will spend $300 million on energy efficiency at its sites, saving 4 billion kilowatt-hours in total. In addition, the corporation will construct new facilities in the United States, Europe, and Asia that satisfy US Green Building Council LEED program criteria. It’s also working with its vendors to find areas for improvement, such as boosting supplier focus on energy conservation and renewable energy sourcing, as well as increased chemical and resource efficiency.

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Microsoft

microsoft

Microsoft has gone above and beyond the carbon-neutral goal. By 2030, Microsoft has pledged to be carbon neutral. The corporation also says that by 2025, it will have removed from the environment all of the carbon it has emitted since its founding in 1975, either directly or through energy usage. It has established a $1 billion climate innovation fund to speed up the development of carbon reduction, capture, and removal technologies around the world.

In a press statement, Microsoft President Brad Smith stated, “While the world will need to attain net-zero, those who can afford to move quicker and go further should do so.”

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IBM

IBM: Companies Going Carbon Neutral

IBM declared in February that by 2030, it will have achieved net-zero greenhouse gas emissions. To do this, the corporation will concentrate on lowering greenhouse gas emissions by deploying renewable energy and carbon capture technologies to account for any remaining emissions.

“One of the most serious concerns of our day is the climate disaster,” IBM Chairman and CEO Arvind Krishna said in a statement. “IBM’s net-zero commitment is a major step forward that builds on our long-standing climate leadership and puts us years ahead of the Paris Climate Agreement’s targets.”

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Highlights of the Story

  • Several companies have made commitments to become carbon-neutral, with tough deadlines.
  • We have curated here a list of top 5 tech companies that are going carbon neutral

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