Carbon offset

Moody’s 2020 TCFD Report Highlights Climate Action Progress

Retrieved on: 
Tuesday, May 4, 2021

Moody\xe2\x80\x99s was one of the first financial services companies to support and respond to TCFD\xe2\x80\x99s recommendations, and was featured as a case study in TCFD\xe2\x80\x99s 2020 Status Report .\nThe 2020 TCFD report details Moody\xe2\x80\x99s progress toward achieving the targets and commitments established in its 2020 Decarbonization Plan , including:\nMoody's achieved its goal in 2020 of offsetting historical carbon emissions from its operations, business travel and employee commuting from the time the company became public in September 2000.

Key Points: 
  • Moody\xe2\x80\x99s was one of the first financial services companies to support and respond to TCFD\xe2\x80\x99s recommendations, and was featured as a case study in TCFD\xe2\x80\x99s 2020 Status Report .\nThe 2020 TCFD report details Moody\xe2\x80\x99s progress toward achieving the targets and commitments established in its 2020 Decarbonization Plan , including:\nMoody's achieved its goal in 2020 of offsetting historical carbon emissions from its operations, business travel and employee commuting from the time the company became public in September 2000.
  • The Company also exceeded its 15% reduction target in Scope 3 GHG emissions by 2025 from fuel and energy-related activities, business travel and employee commuting.
  • Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others.
  • We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress.

Offset the Carbon Impacts of Your Vacation by Enjoying the Trails in Crested Butte and the Gunnison Valley

Retrieved on: 
Monday, May 3, 2021

Through this new program unique to the Gunnison Valley, visitors can now offset the environmental impact of their trip by recording a ride, hike, or run using the CBGTrails app.

Key Points: 
  • Through this new program unique to the Gunnison Valley, visitors can now offset the environmental impact of their trip by recording a ride, hike, or run using the CBGTrails app.
  • It is free and easy to use, and for every mile recorded, users offset 22 pounds of carbon.
  • Users will also be able to track their personal carbon offset as they work to equalize the carbon footprint of getting to the Gunnison Valley.
  • 100 miles of human powered activity will offset one tonne of carbon emissions!\nThe Gunnison-Crested Butte Tourism Association has already purchased UPCO2 tokens.

Thoroughbred Ventures Announces 5 New Wells From A Single Pad Offsetting Massive Production In Grady County, Oklahoma.

Retrieved on: 
Monday, May 3, 2021

That is exactly why we are seeing the offset activity pick up.

Key Points: 
  • That is exactly why we are seeing the offset activity pick up.
  • With prices on the rise, Marathon is now exploiting these proven reserves with five new wells, and we couldn\'t be more pleased to be involved.
  • The company has since participated with public companies like Marathon Oil and Continental Resources in dozens of wells spread across Kingfisher, Custer, Canadian, Garvin, and Grady Counties.
  • We are seeing operators more actively proposing multi-well pad sites offsetting the best wells in area like the KEM Ranch.

Ware2Go Announces a Carbon Offset Shipping Network Across All Shipments

Retrieved on: 
Friday, April 30, 2021

b'Ware2Go , the UPS (NYSE:UPS) founded company enabling merchants of all sizes to achieve 1- to 2-day shipping guarantees, today announced a new initiative to offset carbon emissions for all small parcel, LTL, FTL, and air shipments within their network.

Key Points: 
  • b'Ware2Go , the UPS (NYSE:UPS) founded company enabling merchants of all sizes to achieve 1- to 2-day shipping guarantees, today announced a new initiative to offset carbon emissions for all small parcel, LTL, FTL, and air shipments within their network.
  • The program will retroactively offset all shipments made since January 2021, and all Ware2Go clients are automatically enrolled at no cost to the merchant.
  • Sustainability is a key brand initiative for many of our clients and for Ware2Go as well,\xe2\x80\x9d said Patrick Cadic, Ware2Go Chief Revenue Officer, \xe2\x80\x9cOur priority was to make our Carbon Offset Shipping Network easy to adopt and simply part of doing business with Ware2Go.
  • Based on these emissions, Ware2Go will purchase the appropriate number of carbon credits on their clients\xe2\x80\x99 behalf.

Award-Winning Carbon Broker to Assist XELS With Offset Procurement and Strategy

Retrieved on: 
Friday, April 30, 2021

b'TOKYO, April 30, 2021 /PRNewswire/ -- XELS , a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors.

Key Points: 
  • b'TOKYO, April 30, 2021 /PRNewswire/ -- XELS , a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors.
  • Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.\nInitially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month.
  • The startup\'s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets.\nUnlike traditional carbon credits, XELS cannot be modified or double spent, and the process of "burning" used tokens ensures the credit is retired forever.
  • "\nIn the future, XELS seeks to offer regulated "compliance" credits in addition to voluntary offset credits.

Award-winning carbon broker to assist XELS with offset procurement and strategy

Retrieved on: 
Friday, April 30, 2021

b'TOKYO, April 30, 2021 /PRNewswire/ -- XELS, a revolutionary blockchain-based carbon offset platform, today announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors.

Key Points: 
  • b'TOKYO, April 30, 2021 /PRNewswire/ -- XELS, a revolutionary blockchain-based carbon offset platform, today announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors.
  • Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.\nInitially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month.
  • The startup\'s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets.
  • By working with Redshaw Advisors, XELS will be able to ensure the legitimacy of each credit it tokenizes, while also providing an additional record of the credit\'s retirement in the Redshaw Advisors\' registry account.

Award-winning carbon broker to assist XELS with offset procurement and strategy

Retrieved on: 
Friday, April 30, 2021

b'Redshaw Advisors will support startup\'s mission of increasing participation in carbon markets in Japan and beyond.\nTOKYO, April 30, 2021 /PRNewswire/ -- XELS, a revolutionary blockchain-based carbon offset platform, today announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors.

Key Points: 
  • b'Redshaw Advisors will support startup\'s mission of increasing participation in carbon markets in Japan and beyond.\nTOKYO, April 30, 2021 /PRNewswire/ -- XELS, a revolutionary blockchain-based carbon offset platform, today announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors.
  • Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.\nInitially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month.
  • The startup\'s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets.
  • Among numerous industry accolades, Redshaw Advisors was named 2020\'s Best Trading Company and Best Advisory/Consultancy for EU ETS credits and Renewable Energy Certificates, as well as Best Trading Company for the Voluntary Carbon Market.\n'

New carbon markets data platform launched to ensure transparency and integrity in growing voluntary markets

Retrieved on: 
Tuesday, April 27, 2021

b'Today Forest Trends\xe2\x80\x99 Ecosystem Marketplace, a nonprofit globally recognized leader in fostering voluntary carbon markets\xe2\x80\x99 transparency, launched a powerful new data platform for tracking and analyzing carbon markets and voluntary offsetting by corporations, governments, non-profits, individuals, among others.\nThe Ecosystem Marketplace (EM) Global Carbon Hub\xe2\x80\x99s Data Intelligence & Analytics Dashboard provides carbon offset transactions, deliveries, issuances, and retirements data and analysis.

Key Points: 
  • b'Today Forest Trends\xe2\x80\x99 Ecosystem Marketplace, a nonprofit globally recognized leader in fostering voluntary carbon markets\xe2\x80\x99 transparency, launched a powerful new data platform for tracking and analyzing carbon markets and voluntary offsetting by corporations, governments, non-profits, individuals, among others.\nThe Ecosystem Marketplace (EM) Global Carbon Hub\xe2\x80\x99s Data Intelligence & Analytics Dashboard provides carbon offset transactions, deliveries, issuances, and retirements data and analysis.
  • EM\xe2\x80\x99s unique dataset of pricing and volumes data comes from an international network hundreds of carbon market participants reporting to the EM Global Carbon Survey, with more than 15,000 offset transactions over the past decade.
  • The data from this initiative is invaluable to our team and provides the insights necessary to ensure honest and transparent market growth."
  • Jeremy Manion, Lead, Forestry Carbon Markets, Arbor Day Foundation\n'

Crypto's Carbon Emissions Addressed by One River and MOSS

Retrieved on: 
Tuesday, April 27, 2021

For every Bitcoin owned, ORDAM will buy and "plant" MCO2 tokens, offsetting carbon emissions.\nORDAM is the first asset management company to offer carbon offsetting globally.\nORDAM Chief Executive Officer Eric Peters said in a Bloomberg interview.

Key Points: 
  • For every Bitcoin owned, ORDAM will buy and "plant" MCO2 tokens, offsetting carbon emissions.\nORDAM is the first asset management company to offer carbon offsetting globally.\nORDAM Chief Executive Officer Eric Peters said in a Bloomberg interview.
  • This was a truly needed application of tokens and we\'re looking forward to helping our clients offset their crypto carbon footprint.
  • While smaller crypto entities miners, traders, companies building distributed applications, etc., can purchase our token on a number of cryptocurrency exchanges to offset their carbon use, MOSS Carbon Neutral Custody allows any institutional or corporate investor a means to offset the carbon emissions associated with crypto assets.
  • MOSS started operating in early 2020 when it launched the first carbon credit-backed token, MCO2, used to offset carbon footprints.

China Eastern Airlines Makes Notable Achievements in Reducing Carbon Emissions and Pursuing Sustainable Development

Retrieved on: 
Tuesday, April 27, 2021

b'China Eastern Airlines (China Eastern) has saved more than 600,000 tons of fuel oil and reduced about two million tons of carbon emissions in 2020, thanks to its efforts to improve operation efficiency and promote green development in recent years, according to the company\xe2\x80\x99s latest corporate social responsibility (CSR) report.\nLast year, the airline introduced more than 1,000 new-energy vehicles for ground services and actively took part in market-based mechanisms for reducing carbon emissions and international affairs concerning global climate governance, extending its environmental protection efforts to various links in air and ground services.\nAs China marches towards its goal of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, China Eastern is also ramping up efforts to shoulder its responsibility and play an active role in promoting the reduction of carbon emissions and push forward with sustainable development.\nDuring this year\xe2\x80\x99s annual conference of the National Committee of the Chinese People\xe2\x80\x99s Political Consultative Conference (CPPCC), President of China Eastern Liu Shaoyong, submitted a proposal suggesting formulating a plan for peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060 in China\xe2\x80\x99s civil aviation sector.\nTrying to realize the vision of green and sustainable development, China Eastern has observed strictly regulations on carbon reduction of the global aviation industry, strengthened assessment management in all links of daily operations, and actively taken part in carbon emissions trading in Shanghai, European Union\xe2\x80\x99s carbon emissions trading, activities of the national carbon market of China and endeavors concerning carbon emissions of the civil aviation industry.\nChina Eastern also attended the online Aviation Green Recovery Seminar held by the International Civil Aviation Organization (ICAO) and online discussions organized by the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), sparing no effort to explore approaches to and concrete measures for green and low-carbon aviation development.\nIn fact, in addition to promoting energy conservation and carbon emissions reduction, China Eastern has also actively integrated its development with social value in such aspects as the prevention and control of the COVID-19 pandemic, resumption of work and production amid the pandemic, safe development, and intelligent services, in a bid to constantly push forward with sustainable development.\nChina Eastern was the first airline company to undertake a flight for international aid since the outbreak of the COVID-19.

Key Points: 
  • b'China Eastern Airlines (China Eastern) has saved more than 600,000 tons of fuel oil and reduced about two million tons of carbon emissions in 2020, thanks to its efforts to improve operation efficiency and promote green development in recent years, according to the company\xe2\x80\x99s latest corporate social responsibility (CSR) report.\nLast year, the airline introduced more than 1,000 new-energy vehicles for ground services and actively took part in market-based mechanisms for reducing carbon emissions and international affairs concerning global climate governance, extending its environmental protection efforts to various links in air and ground services.\nAs China marches towards its goal of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, China Eastern is also ramping up efforts to shoulder its responsibility and play an active role in promoting the reduction of carbon emissions and push forward with sustainable development.\nDuring this year\xe2\x80\x99s annual conference of the National Committee of the Chinese People\xe2\x80\x99s Political Consultative Conference (CPPCC), President of China Eastern Liu Shaoyong, submitted a proposal suggesting formulating a plan for peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060 in China\xe2\x80\x99s civil aviation sector.\nTrying to realize the vision of green and sustainable development, China Eastern has observed strictly regulations on carbon reduction of the global aviation industry, strengthened assessment management in all links of daily operations, and actively taken part in carbon emissions trading in Shanghai, European Union\xe2\x80\x99s carbon emissions trading, activities of the national carbon market of China and endeavors concerning carbon emissions of the civil aviation industry.\nChina Eastern also attended the online Aviation Green Recovery Seminar held by the International Civil Aviation Organization (ICAO) and online discussions organized by the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), sparing no effort to explore approaches to and concrete measures for green and low-carbon aviation development.\nIn fact, in addition to promoting energy conservation and carbon emissions reduction, China Eastern has also actively integrated its development with social value in such aspects as the prevention and control of the COVID-19 pandemic, resumption of work and production amid the pandemic, safe development, and intelligent services, in a bid to constantly push forward with sustainable development.\nChina Eastern was the first airline company to undertake a flight for international aid since the outbreak of the COVID-19.
  • It has performed 24,000 transport flights of various types for the global fight against the COVID-19, carrying a total of nearly 23,000 medical workers and approximately 70,000 tons of supplies.\nThe company innovatively developed an application that enables passengers to report their health status, and ensured that none of the over 60 million passengers who took its flights last year was infected with the COVID-19 in the passenger cabin.\nIn an effort to facilitate China\xe2\x80\x99s economic recovery and global anti-epidemic efforts, China Eastern has launched charter flight services to help take workers from their hometowns to places they work, and converted passenger flights into cargo flights to carry cargoes to various international destinations.\nWhile fighting against the pandemic together with people around the world, China Eastern, as one of the safest airlines in the world, has never stopped enhancing its overall capacity for guaranteeing safe trips and safe management.
  • According to its new CSR report, last year, the company managed to maintain its record of zero serious accident for the tenth consecutive year.\nWhile continuously upgrading its smart services to bring more convenience to people\xe2\x80\x99s air trips, China Eastern became the first airline to roll out the \xe2\x80\x9cfly at will\xe2\x80\x9d air ticket discount packages in China.
  • In 2020, a total of 2.75 million air trips were made with these ticket packages, which have effectively boosted the recovery of China\xe2\x80\x99s aviation and tourism industry chains.\nAs the COVID-19 pandemic accelerates the global trend towards sustainable development, more and more Chinese enterprises attach greater attention to fulfilling their CSR, and take the initiative to publish CSR report in multiple languages to respond to the demands and expectations of international media, the public, and various stakeholders.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210427005551/en/\n'