Sustainability and an Ethical Supply Chain
By Michael Matulick CEO, Concept Amenities | May 15, 2016
We all accept that the manufacture and transport of any products to customers generates carbon and other greenhouse gases which is then released into the atmosphere – this, in turn, has most agreeing that it is the root cause for global warming and severe weather patterns. To reduce, and in some cases eliminate, our negative environmental impact as a business we decided to offset our greenhouse gas emissions (i.e. our carbon footprint) by supporting various carbon reduction projects around the world through buying carbon offsets.
Business has a fundamental duty and obligation to act in a way that reduces its environmental impact. It is only when new and challenging next practise initiatives are put to the market do we notice (in time) a whole industry moving in the same direction. Although our impact is relatively small we hope that these practices will be taken up and as an industry we can collectively be considered responsible and make a real difference.
Consumers are demanding ethically made and sourced products from the foods we eat to the cars we drive. The cosmetics industry continually attempts new ways to reach the consumer and "Greenwashing" of product is becoming more difficult to persuade a growing awareness by an increasingly savvy consumer.
So What is Carbon Offsetting Exactly?
Carbon offsetting can best be described as the counteracting of carbon emissions with an equivalent reduction or prevention of carbon dioxide emissions into the atmosphere. Within this process, carbon emissions are reduced in one activity to allow for other organisations, businesses or individuals to purchase those savings in order to offset their own emissions. E.G. China has begun a major drive to reduce their carbon emissions by erecting wind farms to replace their coal power stations. These carbon emissions savings allow are then quantified, validated then sold as carbon credits to offset the carbon emissions in other industries. This carbon reduction economy allows for the funding of additional wind farms in China.