Reduction

Currently carbon reduction is voluntary in Ontario.
Most likely there will soon come a time that carbon reduction will be mandatory similar to many other jurisdictions.

Carbon offsets and Renewable Energy Certificates (RECs) should not be the only steps taken to reduce a company’s carbon footprint, however, it is a quick way to achieve net zero carbon emissions. Carbon offset products should be considered the ‘last mile’ and be used for quick success as other projects are pursued.
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Many companies are creating targets to achieve net-zero carbon emissions by a certain date.

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Sustainability plans are becoming more aggressive as companies realize the benefit of these goals.

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Not only will greenhouse gas reductions help the environment, carbon reduction goals show customers and other stakeholders that they are environmentally responsible.

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Carbon Offsets

Carbon offsets (and RECs) can be used to achieve sustainability goals and reduce a company’s carbon footprint. RECs are a subset of carbon offsets.

Offsets come from different kinds of projects that lower, remove or avoid emissions. RECs are only created from renewably generated electricity sources (solar, wind, geothermal, biomass, hydro)
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Carbon offsets

Offsets can be used to negate or “offset” an organizations scope 1, 2 or 3 emissions.

Currently participating in the carbon market is voluntary in Ontario. Some organizations voluntarily commit to be carbon neutral or ‘net-zero’ by a certain year. This means they commit to reduce their emissions through energy efficiency and reduction, and compensate for any remaining emissions with carbon offsets or RECs.

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Carbon Offsets

Typically carbon offsets are used as the ‘last mile’ for a company to ‘offset’ its use of carbon based fuels such as natural gas, diesel, and propane.

RECs can be paired with electricity purchases to achieve carbon neutrality for all electricity usage.
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Carbon Offsets

Certified Emissions Reductions registered under Canadian Standards Association

A carbon offset is a verified instrument that represents the environmental benefit and reduction of greenhouse gases (measured in metric tons of CO2 or CO2 equivalent) that would have been emitted without the offset project in place. Carbon offsets can be purchased and retired to reduce an organization’s carbon footprint.
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RECs

Renewably sourced electricity Green-e certified by the non-profit Center for Resource Solutions

A renewable energy credit represents the environmental attributes of renewable electricity (measured in Megawatt hours MWh). Energy users that pair system-mix electricity with RECs can claim to be using renewable energy.

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