BUSINESSES AND THE RACE TO OFFSET CARBON CREDITS

In addition to green transitions in production, carbon offsetting is regarded as a strategy that enables businesses to mitigate substantial financial losses when selling domestically and exporting abroad.

Transitioning machinery and technology in production cannot occur overnight, especially during a period when companies are continuously facing challenges such as post-Covid-19 repercussions, inflation, and global economic downturns. In light of the challenges posed by carbon accounting, many experts suggest that businesses could offset carbon emissions to minimize financial losses.