These are not typical voluntary carbon offsets. Rather, they are carbon allowances on government regulated schemes which provide a verifiable carbon offset guaranteed by regulators providing quantifiable impacts. We use these allowances to offset business travel and other scope 1, 2, & 3 emissions.
The funds spent to purchase these allowances and the team which administers the service are rolled into research and development of carbon dioxide removal technologies which will be utilized in the future to hit carbon reduction targets as per the Paris Climate Agreement.
In the next revision of our carbon reduction policy, we will have targets which we will use to reduce our emissions by ambitious but achievable increments, ultimately to net zero.
UN Sustainable Development Goals 9, 11, 12, & 13