Curious about ESG terminology?
Our glossary is here to help clarify any terms you may be unsure about.
Carbon Footprint
The total amount of greenhouse gases, primarily carbon dioxide (CO2), emitted directly or indirectly by an individual, organization, event, or product over its lifecycle. Measuring and reducing carbon footprints is essential for mitigating climate change.
Carbon Neutral
Achieving a net-zero carbon footprint by balancing carbon emissions with carbon removal or offsetting. To become carbon-neutral we are not a big fan of offsetting. We focus on energy reduction and GHG-reduction. Only the residual part to become carbon-neutral is offsetted. That is what we did with our former investments in wind energy to make our Montea Operations Carbon-neutral
Circular Economy
An economic model that aims to minimize waste and maximize resource efficiency. It promotes the continuous use of resources through practices like recycling, reusing, and remanufacturing, rather than the traditional linear "take-make-dispose" model.