Chanel, L’Oréal and Nespresso Embrace This Novel Decarbonization Approach

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Takeaways:

  • Carbon insetting is when a firm invests in projects that generate carbon and emission reductions within is value change.
  • Companies such as Kering, Chanel, L’Oreal, Nespresso and Accor are hoping to push carbon insetting into the mainstream.
  • These companies are members of the International Platform for Insetting that looks to encourage companies to invest in emission reduction projects such as regenerative agriculture programs or forest conservation projects.

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