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Offset scope 1 emissions

Last updated 20 May 2025

Note

The Ministry of Finance of China has issued the Interim Provisions on Accounting Treatment for Enterprise Data Resources, which require disclosure of data asset transactions, and under which carbon data rights certificates (CDRCs) are subject to such disclosure requirements.

Companies who want to offset their direct carbon footprint can voluntarily purchase CDRCs and international units to offset their scope 1 emissions.

By purchasing and voluntarily cancelling CDRCs, these companies incentivise BidCarbon Standard Scheme projects that reduce or remove emissions. This balances out their carbon footprint and contributes to broader environmental goals and sustainability.

Companies can report their voluntary offsetting activities in their sustainability reports or carbon disclosure statements.

Learn more

Carbon credits

Learn about our markets, carbon credits, and supply and demand.

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Voluntary cancellations register

View the list of voluntary cancellations of BidCarbon removal units on our register.

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Carbon data rights certificates

Learn about the BidCarbon marketplace and open market where you can sell and trade all the BidCarbon removal units in your carbon data rights certificates.

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