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Offsetting is often described as a distraction from decarbonisation, or, worse, a scam or greenwash. At best, organisations often say "we will concentrate on carbon reductions first and only offset what we can't get rid of." But what if we've got it all wrong? Can 100% offsetting drive your Net Zero programme by acting as an internal carbon tax? Matteo Deidda of Tide, the all-in-one finance platform with a customer base of 1.5 million small and medium size businesses (SMEs) explains all. Here's what we discuss:
- Tide's three Net Zero pledges
- The benefits of investing in 100% carbon removals up front
- Pros and cons of different forms of carbon removal
- Why Tide has chosen biochar as a carbon removal mechanism
- Decarbonising the fintech sector
- Supporting SME customers in their decarbonisation efforts
- The importance of data in the age of AI
I mention the episode featuring Heather Buchanan of Bankers for Net Zero (apologies for dropping a clanger!)
This episode is brought to you by Terra Infirma Ltd - Bringing Sustainability to Life
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