Several major companies and organizations, such as HSBC and the FIFA World Cup are now taking initiatives to counteract the amount of carbon dioxide in the atmosphere they are contributing to through their businesses. For example, HSBC has become the world’s first carbon neutral bank by investing in clean energy projects such as a wind farm in New Zealand to offset emissions from its core operations.
FIFA is planning to offset 100,000 tonnes of carbon dioxide linked to travel by World Cup spectators. Under one project, it and the German tournament organisers will invest in replacing coal-fired boilers at a South African factory with boilers run on sawdust.
Myclimate.org is an organization out of Germany that is supporting and promoting such carbon offset projects.