of CO2 emitted + = 1 tonne of CO2 emitted elsewhere 2 tonnes of CO2 emitted 1 tonne of CO2 emitted + = 1 tonne of CO2 avoided elsewhere 1 tonne of CO2 emitted 1 tonne of CO2 emitted + = 1 tonne of CO2 removed net-zero CO2 Prior to 2003: no emissions compensation strategy in place 2003–2020: compensation through conventional carbon offsetting Post 2020: compensation through carbon removal in line with net-zero more systematically with the help of key performance indicators and to engage them in improvements.