Offsets, Credits, Tags, Truth: Due Diligence in a New Realm An increasingly popular way for corporations to demonstrate their environmental stewardship is through carbon offsets. Essentially, companies acknowledge their carbon footprint — the total tonnage of greenhouse gases emitted into the atmosphere by their activities, including travel — and then buy “offsets” or “verified emission reductions” (VERs) to bring them to carbon “neutrality” or “balance.” One “offset” reduces one ton of ...

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