Insetting: meaning, definitions and examples
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insetting
[ ɪnˈsɛtɪŋ ]
environmental policy
Insetting is a practice that involves companies taking direct responsibility for the environmental impacts of their supply chains by implementing projects that reduce greenhouse gas emissions or enhance biodiversity within their operational areas. Unlike offsetting, which compensates for emissions elsewhere, insetting focuses on making positive changes directly within the company's supply chain or local community. This approach not only helps in achieving sustainability goals but also fosters goodwill within the community and can contribute to the economic viability of local projects.
Synonyms
corporate responsibility, environmental initiatives, sustainability projects.
Examples of usage
- The company is committed to insetting by planting trees in local areas affected by their operations.
- Insetting initiatives can greatly enhance a company's sustainability profile.
- Our insetting projects are designed to support surrounding communities and the local environment.
Translations
Translations of the word "insetting" in other languages:
🇵🇹 inserção
🇮🇳 सम्मिलन
🇩🇪 Einfügung
🇮🇩 penyisipan
🇺🇦 вставка
🇵🇱 wstawienie
🇯🇵 挿入
🇫🇷 insertion
🇪🇸 inserción
🇹🇷 ekleme
🇰🇷 삽입
🇸🇦 إدراج
🇨🇿 vložení
🇸🇰 vloženie
🇨🇳 插入
🇸🇮 vstavitev
🇮🇸 innsetning
🇰🇿 енгізу
🇬🇪 შეყვანა
🇦🇿 daxiletmə
🇲🇽 inserción
Etymology
The term 'insetting' has emerged in the context of environmental management and corporate responsibility, particularly in relation to sustainable business practices. It gained popularity in the early 21st century as companies increasingly recognized the need to address their environmental impacts directly rather than relying solely on external offsetting mechanisms. The prefix 'in-' suggests a focus on internal actions within a company’s influence, contrasting with 'offsetting', which is typically seen as external compensation for environmental harm. Insetting aligns with the broader movement towards corporate sustainability, environmental stewardship, and the integration of social responsibility into business strategies. This practice emphasizes not only the reduction of negative impacts but also the enhancement of positive contributions to the environment and communities where businesses operate.