Carbon compensation is an increasingly vital strategy for organisations aiming to mitigate their environmental impact. In the sports industry, this approach is gaining traction as companies implement initiatives to offset their carbon footprints while promoting sustainability and environmental responsibility.
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For most companies, the largest figure in the carbon inventory is not the office, the vehicle fleet, or the electricity bill. It sits upstream, in the goods and materials a business buys to make and sell its products. These purchased inputs form the bulk of a company’s Scope 3 emissions, which routinely exceeds everything the business controls directly, and can add up to 90% of their global footprint.
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