No. The Guarantees of Origin system is an official EU‑approved mechanism that allows a company to demonstrate the purchase of renewable or zero‑emission energy and therefore report zero market‑based Scope 2 emissions. Carbon offsetting, by contrast, is based on the carbon credits purchased from voluntary carbon markets, and the GHG Protocol does not allow offsets to be counted in a company’s Scope 1, 2 or 3 emissions.
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