Companies buy carbon credits from programs that help to improve the environment in carbon offsetting. A carbon credit is a financial unit of measurement that allows companies and individuals to contribute towards a low-carbon future.
Each carbon credit that is sold helps organizations contribute to reducing carbon emissions as part of a larger project. Once a carbon credit has been used, it’s removed from carbon registries. To make an impact annually, organizations will need to purchase carbon credits each year to offset their carbon footprint.