@Southern
Carbon reduction is still pretty new in mainstream business and lots of people have recently been told that their company will be carbon neutral by XX date and they have no idea how they are going to get there. The first step is to try to identify your current carbon footprint, and then try to work out how to reduce it. For businesses to say they are carbon neutral (and mean it) they will have to quantify their carbon emissions, but it is still based on assumptions and models and is a step too far for individuals IMO.
Businesses look at carbon emissions under 3 scopes. Scope 1 is the emissions directly caused by you - generally the fuel you burn on your premises and other things you do that release carbon. Some industrial processes like cement manufacture release carbon dioxide from their raw materials so this is counted here.
Scope 2 is the carbon emissions from someone else providing you with energy, so electricity, steam generation etc.
Scope 3 is basically everything else that you are not directly in control of. As a business this would be your suppliers emissions in manufacturing whatever it is, packaging, transport to get it to you. Plus everything downstream - how you get your goods to your customer, what they do with it, and any emissions related to scrapping it, waste produced etc.
Just collecting and analysing this data will likely take years. A lot of businesses will only be able to become carbon neutral if they rely on technology that hasn't even been invented yet, but the common 2050 deadline allows for things like this to happen. Offsetting is considered to be a last resort when all other options have been exhausted. The global solution is going to be reducing carbon emissions at source, not by having huge sponges (plants, sequestration etc) to soak up ever increasing emissions.
As an individual these scopes don't translate directly, but in general your footprint will be a lot higher from goods and services that you use than they will be from the fuels that you use in your home. You can't directly control scope 3 emissions, but you can make choices that minimise the amount of emissions that are down to you (if that makes sense).
There is a huge amount of information out there, but a lot of it is interdependent and you can't take any of it in isolation. For instance, the BBC show considered the carbon emissions of a steak. From a locally grown and slaughtered cow they are quite large, but when you look at steaks imported from Brazil you have to look at not only the transport, but also the fact that they have chopped down rainforests to grow food crops for the cattle. Obviously this impact is really difficult to quantify for one steak, but it's something to bear in mind. You can then stray into social considerations where local people may or may not be employed in conditions that we would expect in the UK, but is the right answer to stop giving them business completely? Then what do they do?
Without rambling any further, it is a huge topic and there's loads of reading you can do online but there is no easy answer. My advice would be to think of things in lifecycle terms. A new car might be more efficient, but consider the impact of building a whole new car - that's a false economy in carbon emission terms alone. Buying something that is built to last rather than a cheaper item that may need replacing far sooner (I know that's not always the case). Making do and mending is going to be the way to go - living more like our grandparents used to in some ways rather than consuming and replacing things on a whim. I could go on for hours, but I hope this is useful (and hasn't sent you to sleep!)