Compensation as a step to net zero
Climate compensation or carbon offsetting is the practice of contributing financially to projects that avoid greenhouse gas emissions or directly remove greenhouse gases from the atmosphere. Importantly, these projects are executed outside of a company’s own operations and value chain.
For 2024, Copenhagen Airports has invested solely in projects that remove carbon dioxide from the atmosphere through agroforestry practices. A Danish company, Klimate, will provide the removal credits, which are issued from two agroforestry projects – one in Nepal and another in India.
By 2030, we will reduce our operational emissions to a level at or below 10 % of our 2019 levels (in scope 1 and 2). Any residual emissions will be compensated for through investment in carbon removal credits, thus enabling us to achieve net zero in our own operations. As we reduce our emissions, we will look to diversify our portfolio of carbon removal credits and invest in more technologically advanced projects that offer more permanent, certain and measurable impacts on the climate.