Offsetting is often described as a distraction from decarbonisation, or, worse, a scam and/or greenwash. At best, organisations often say “we will concentrate on carbon reductions first and only offset what we can’t get rid of.” But what if we’ve got it all wrong? Can 100% offsetting drive your Net Zero programme by acting as an internal carbon tax? Matteo Deidda of Tide, the all-in-one finance platform with a customer base of 1.5 million small and medium size businesses (SMEs), explains all. Here’s what we discuss:

• Tide’s three Net Zero pledges
• The benefits of investing in 100% carbon removals up front
• Pros and cons of different forms of carbon removal
• Why Tide has chosen biochar as a carbon removal mechanism
• Decarbonising the fintech sector
• Supporting SME customers in their decarbonisation efforts
• The importance of data in the age of AI

I mention the episode featuring Heather Buchanan of Bankers for Net Zero (apologies for dropping a clanger, Heather!)

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