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NETGEAR’s Commitment to Net Zero

As part of our ongoing commitment to sustainability and in compliance with California’s Assembly Bill No. 1305 Voluntary Carbon Market Disclosures, NETGEAR is proud to disclose our investments in carbon credits. These investments are a crucial part of our strategy to achieve carbon net zero by 2025 and reduce our environmental impact.

Carbon Credits Investment Details:

We are pleased to share the details of the projects that we have invested in to offset our carbon emissions. To view the project information for each fiscal year, please click on the year below.

FY2023

By investing in these carbon credits, NETGEAR is taking proactive steps to mitigate our carbon footprint and contribute to global efforts to combat climate change. We are dedicated to transparency and accountability in our sustainability initiatives and will continue to provide updates on our progress. For more information on our sustainability efforts, please read our ESG report.

FY2023 Carbon Credits Investment Details

We have purchased carbon credits from the following project to offset 70% of both our Scope 1 and Scope 2 emissions from purchased heat and direct fuel combustion for FY 2023.

Project 1

  • Project Name: Guoluo Grasslands Sustainable Management Project
  • Project Identification Number: VCS2458
  • Co-Benefits: SDG Goals 8, 10, 13, and 15
  • Program Name: Verified Carbon Standard
  • Project Type: Grassland Management
  • Seller’s Name: 3Degrees Group, Inc.
  • Registry Name: Verra
  • Emissions Reduction Type: Removal
  • Site Location: Qinghai Province, China
  • Specific Protocol Used: VM0026, “Sustainable Grassland Management”, Version 1.0
  • Metric Tons: 228
  • Independent Third-Party Verification: Carbon credits purchased from 3Degrees Group, Inc. were verified by Verified Carbon Standard.

 Project 2

  • Project Name: Anew - Doe Mountain Forestry Project
  • Project Identification Number: ACR398
  • Co-Benefits: SDG Goals 6, 13, and 15
  • Program Name: American Carbon Registry
  • Project Type: Forestry - Sustainable Management
  • Seller’s Name: 3Degrees Group, Inc.
  • Registry Name: American Carbon Registry
  • Emissions Reduction Type: Avoidance
  • Site Location: Tennessee, United States
  • Specific Protocol Used: ACR, "Improved Forest Management Methodology for Quantifying GHG Removals and Emission Reductions through Increased Forest Carbon Sequestration on Non-Federal Forestlands", Version 1.3.
  • Metric Tons: 57
  • Independent Third-Party Verification: Carbon credits purchased from 3Degrees Group, Inc. were verified by American Carbon Registry.

 

Details related to the carbon credits were provided by 3Degrees Group, Inc.