Carbon Neutral

Also known as having a ‘net zero carbon footprint’, this term refers to a process or organisation with a net zero carbon emissions position. This would normally be the result of reducing the amount of carbon created in the first place and then seeking to balance the measured amounts of carbon created, with initiatives to remove the equivalent amount of carbon from the environment. This may include the use of renewable energy, carbon offset or purchase of carbon credits. See also Carbon, Carbon Credit and Carbon Offset.

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Discover the world’s largest Glossary of Procurement terms

With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.