Are you an organization or a person looking for simplified ways to minimize your carbon footprint? Well, then, you are in the right place; keep reading to get a better understanding of ClimateTrade and the positive impact it will bring to you in relation to carbon offsetting.
As an organization or an individual, you can buy a carbon offset credit to reduce the carbon footprint to be neutral. You can only reach the neutral point when the carbon offset credits obtained are the same as the person’s or individual’s carbon footprint. In this whole process, there is revenue generated that can be utilized in different ways. For instance, any environmental-friendly project like renewable energy or reforestation.
Therefore, ClimateTrade is an establishment whose goal is to connect companies that want to offset their carbon emission in large numbers so that they can invest in approved environmental projects.
Understanding Carbon footprints
Talking of ClimateTrade, you will need to understand what the carbon footprint is and why it matters in order to offset carbon footprint.
Well, when an organization or a person generates carbon dioxide along with other GHGs, the result is what is called a footprint. Simply, it is a total of direct and indirect emissions generated.
Direct emission is from the main source of the organization or a person, for instance, a motor vehicle company producing carbon dioxide from the fossil fuels in that same organization.
The indirect emissions come from the main establishment’s activities, but the establishments do not own the sources. Such activities are also known as downstream and upstream activities.
A good example to understand indirect emissions is a T-shirt-manufacturing company. In such an establishment, you will discover several indirect emissions before you get the end product. The whole process begins with growing cotton, shipping raw materials, then the final product. Besides, there will be the decomposition of other materials in the final stages. All these processes will produce indirect emissions, which count in the consumer’s and producer’s carbon footprints.
ClimateTrade can provide you with a simplified calculation of the total carbon footprint.
How ClimateTrade’s carbon offsetting process works
A person or an establishment can opt for carbon offsets as a measure to meet carbon rules and regulations, or as a voluntary initiative for different reasons. So, how does the process take place?
Well, the party looking to offset their emissions can register on ClimateTrade’s online marketplace, which uses blockchain technology to make transactions traceable. There, the client can choose a project that aims at reducing carbon emissions, and purchase carbon credits from this project to offset their own footprint.
After the whole process, the organization or individual will get a certificate proving the purchase of a carbon offset from a specific project. In the case you need such a certificate to report to regulators a compliance measure, you are good to go.
The steps to effective carbon offsetting
As you look forward to offsetting your carbon footprint, you will need to understand the following three steps.
Calculating and measuring emissions
Here, you will need to follow specific protocols, i.e., the GHG protocol, which is recognized globally and helps organizations measure and manage GHG emissions. This protocol is divided into three scopes as described below:
- Direct emissions for the organizations or person’s sources (scope 1)
- Indirect emissions from energy purchased by the establishment (scope 2)
- Any other indirect emissions from the establishment’s value chain (scope 3).
Once you as an organization have calculated your carbon footprint, ensure you include the values in financial reports for accountability purposes.
Reduce the emissions where necessary
After measuring and getting its carbon footprint, the organization can strategize a way to minimize carbon emissions where possible. For instance, an individual can opt for greener modes of transportation like electric vehicles.
Offsetting the remaining emissions
Finally, there are some emissions that can’t be reduced, and this means offsetting. This involves investing in projects where carbon dioxide can be removed or absorbed. However, such projects should be certified to generate carbon credits. This is one more reason why you should trust ClimateTrade as your perfect solution for carbon offsetting: all projects on the marketplace are certified by international standards.
Why choose ClimateTrade?
The whole process of carbon offsetting requires a professional approach and a partner that will ensure you benefit from the whole process. Choosing ClimateTrade will means enjoying the following benefits:
The use of blockchain technology
Blockchain ensures transparency and accountability of all the resources used. With this technology, ClimateTrade can trace every step in the process. Besides, blockchain technology has incredible speed, a reliable information storage system, and it is highly transparent.
Another reason why ClimateTrade should be your next carbon emission offsetting option is the highly professional team dedicated to their tasks. The team will handle all your requests and requirements effectively and in a timely manner.
With over five hundred registered companies, more than 60 projects from more than 20 countries, and over 2.7k end users, you will be assured of quality services from ClimateTrade.
So, why struggle with carbon emissions when you can offset them efficiently and transparently? Register on the ClimateTrade marketplace to take the next step in your sustainability journey.
There is no doubt that climate change is affecting many sectors globally. Many organizations, therefore, are on the move to handle carbon emissions in a productive manner for a better space on the planet. Make ClimateTrade your next option to offset your carbon emission while investing in certified projects.