verb
Offsetting is the present participle form of the verb 'offset', which means to counterbalance or compensate for something.
adjective
Offsetting can also be used as an adjective to describe something that counterbalances or compensates for something else.
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The company implemented a strategy of offsetting their carbon emissions by investing in renewable energy projects.
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By recycling and using energy-efficient appliances, we are offsetting our environmental impact.
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I'm offsetting my cheat day by eating a salad for dinner.
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His kindness was like an offsetting force against her anger, calming the situation.