Bernhard has announced the company is now carbon neutral through the deployment of compensation measures offsetting 2022 Scope 1, Scope 2, and select Scope 3 greenhouse gas (GHG) emissions.
“We began our journey by identifying and quantifying our emissions and chose to invest in the broader environmental agenda through responsible carbon offset purchases as we continue to research and develop Bernhard’s own climate action plan,” said Alyssa Jaksich, Vice President of Environment, Social, and Governance (ESG) at Bernhard.
“As we strive towards our long-term goal of becoming net zero by 2050 or sooner, we plan to utilize a combination of reduction efforts and compensation measures,” Jaksich said. “While we work to develop Bernhard’s climate action plan in support of closing the emissions gap, this approach allows us to also work towards closing the climate finance gap. By investing in credible carbon offset projects throughout our journey, we are not only moving towards an approach that does no harm, but one that actively does good.”
Bernhard’s path to net zero will follow an “avoid, reduce and compensate” hierarchy:
- Avoid: Show preference for business decisions and actions that lead to avoided greenhouse gas emissions, thus minimizing the need for offsets.
- Reduce: Where emissions cannot be avoided, seek to reduce emissions through energy efficiency and optimization of business practices and policies.
- Compensate: Where emissions cannot be reduced or avoided, utilize offsets to neutralize remaining emissions. High-quality carbon credits will be prioritized via Bernhard’s Carbon Offset Policy.