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Sixty different species of native trees are being planted in the
Yarra Yarra diversity corridor, north of Perth.
(Supplied: Russell Ord) |
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Key Points
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They say it's not just to save the planet.
It's about protecting their viability in an increasingly climate-conscious international market.
Georgiana Rogers works for Carbon Neutral, a Perth-based carbon services provider, which is enjoying something of a purple patch.
Its client base has grown by 230 businesses and organisations, up 40 per cent, over the past year.
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Carbon Neutral's Georgiana Rogers says businesses are taking the
initiative to reduce carbon emissions.
(Supplied: Russell Ord) |
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Carbon Neutral's ambition is to plant a 200-kilometre highway of
trees across the northern Wheatbelt, north of Perth.
(Supplied: Russell Ord) |
"The science [on climate change] is now pretty much universally accepted," Ms Rogers said."Businesses are really picking this up.
''They're not waiting for the federal government in Australia – they are understanding and seeing the writing on the wall."
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A total of 14,000 hectares of trees have been planted in WA's
northern Wheatbelt so far as part of the Yarra Yarra
project. (Supplied: Russell Ord) |
Shareholder pressure prompts climate action
Ms Rogers said there had been a lull in interest during what she called the "barren years", with divisive debate in Australia on climate change creating uncertainty.
However, she said the tide was turning fast, with pressure on businesses to reduce their carbon footprint coming from shareholders, among others.
"If businesses are wanting to get investment from capital funds, they are increasingly being asked what are they doing about the climate," she said.
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Rhys Arangio from Austral Fisheries says the company plants about
200,000 trees a year to offset its carbon emissions.
(Supplied: Russell Ord) |
Austral became the first fishing business in the world to be certified as carbon neutral in 2016.
Since then, it has been voluntarily spending about $500,000 a year on planting trees at the Yarra Yarra project to offset its emissions, mainly from the roughly nine million litres of diesel it burns across its fleet of boats.
The catalyst to act was the impact climate change was already having on its operations, according to senior manager of environment and policy Rhys Arangio.
"In the Gulf of Carpentaria across the top of Australia, there was massive mangrove dieback in 2016," Mr Arangio said.
"And then in the Southern Ocean in that same year, there was a marine heatwave … that really cut our catch rates in half for that twelve months."
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Austral Fisheries CEO David Carter has become a strong advocate for
businesses taking climate action.
(Supplied) |
"Put simply, we said: 'If we've made the mess, we clean it up'," Mr Carter said."And in our case, that's about 200,000 trees a year."
The company is also trying to curb its emissions and has recently added a hybrid electric vessel to its fleet.
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Austral Fisheries spent about $50 million dollars on its first
hybrid electric fishing vessel Cape Arkona.
(Supplied: Austral Fisheries) |
But increasingly, it was about "risk and money".
"At a big end of town level, there's the TCFD, which is the Taskforce on Climate -related Financial Disclosures and that reveals to the market how strategically they are planning to deal with their emissions exposure," he said.
"If you are not doing the right thing in this space, you are going to find access to capital increasingly difficult and access to talent and graduates increasingly difficult."
Mr Carter pointed to mining magnate Andrew Forrest's recent pledge to become a major producer and exporter of green hydrogen and steel as a sign of how quickly the dynamics were changing.
"The sort of increased stridency of the Andrew Forrest messaging is being reflected in many boardrooms around the country and around the world," he said.
Small businesses getting on board
At the other end of the spectrum, small businesses are also signing up in a less formal way to offset their emissions.
Marion O'Leary runs an organic skin care business from a studio in her backyard in the West Australian port city of Fremantle.
She buys a tree for every customer who spends over a certain amount to try to offset her company's emissions, which mainly come from the importation of ingredients.
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Mokosh owner Marion O'Leary buys native trees to sequester carbon
and offset her company's emissions.
(ABC News: Claire Moodie) |
"Since we started in 2019, we have bought 2,760 trees so we are pretty proud of that," she said.
"It's very tangible for the customer that they are seeing a tree for each purchase."Ms O'Leary said she had become disheartened over what she perceives to be a lack of progress on climate change in Australia.
Although she believes her business is carbon neutral, she has decided against signing up for the significant cost involved in going through the Federal Government's formal system to become certified.
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This organic skincare company in Fremantle plants trees for its
customers to offset its carbon emissions.
(ABC News: Claire Moodie) |
"Buying trees is a way to offset our emissions and also make our customers feel that by buying some of our product, they are also offsetting some of their own emissions too."
Few signed up to federal scheme
In total, 180 businesses are currently certified under the Federal Government's scheme "Climate Active", with 260 certifications for products and services between them.
This is up from 86 businesses and 128 certifications in November 2019.
Only Australia's biggest 200-odd polluters are currently regulated and the Federal Government sets a maximum amount of emissions they can produce.
However, there are a number of options available to companies before they are penalised for exceeding those levels, including asking for their maximum emissions levels to be raised or even seeking an exemption.
In other parts of the world, pressure is mounting to commit to stricter emissions targets.
President-elect Joe Biden has re-committed the US to the Paris Climate pact and has called a leader's summit for later this month.
The European Parliament has also endorsed a plan, which could see Australian exporters slapped with new carbon tariffs.
Growing demand for tree planting
Louise Tarrier has "the best job in the world" working for Carbon Positive, a Perth-based charity that plants trees in Western Australia and New South Wales and helps businesses and individuals measure, curb and offset their emissions.
The group has planted about six million trees in its 20-year history and, like Carbon Neutral, is finding that its services are in growing demand.
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Louise Tarrier of the charity, Carbon Positive, says many small
business operators say they want to offset their carbon emissions
for their children.
(ABC News: Claire Moodie)
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"I have certainly noticed a big difference this last year.
"Whether it's due to more social media, people like Greta Thunberg, for example, or just a growing awareness of the climate changes we're experiencing in our day-to-day lives."
Links
- Carbon Offsets Offer A Fantasy Of Capitalism Without Crises
- More travel companies offsetting carbon emissions
- Carbon offset - Wikipedia
- Why carbon offsetting is not the panacea Harry and Meghan might think it is
- Plant-a-Tree Conservation Program - Australia | Carbon Neutral
- Offsetting carbon emissions: ‘It has proved a minefield’
- How Planting Trees Offsets Carbon | One Tree Planted
- Where does your money go when you pay for carbon offsets?
- Eating red meat and saving the environment are achievable goals with carbon neutrality
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