Compensating Business Emissions
A Carbon Offset certificate is a way to compensate for emissions by funding an equivalent carbon dioxide saving project.
Europe, North America, and China have implemented “cap-and-trade” systems to reduce such carbon emissions. The companies participating in these compliance systems have an obligation to reduce their carbon emissions. In addition to these compliance markets, companies set voluntary reduction targets.
Calculating and reducing emissions is vital in a sustainability-driven world, and Corporate Social Responsibility (CSR) reporting is a key driver for companies to reduce their carbon footprint. Through voluntary emissions offsets, such as Verified Emission Reductions (VERs), and reporting of Corporate Social Responsibility targets, this market is becoming ever more accurate and transparent.
STX has a deep understanding of the most recent market mechanisms and instruments available to help you reduce your GHG Scope 1, 2, and 3 Emissions. Carbon offsetting funds solutions to reduce carbon emissions.
We are offering carbon offset solutions featuring the following labels:
The VCS (Verified Carbon Standard) Program is the world’s most widely used voluntary emissions reduction standard. More than 1300 certified VCS projects have reduced or removed more than 200 million tonnes of carbon and other greenhouse gases from the atmosphere.
Along with the Climate, Community & Biodiversity, and Sustainable Development Verified Impact standards, it was developed and is managed by Verra, a registered 501(c)(3) not-for-profit organization founded in 2005 by environmental and business leaders and based in Washington, DC.
Established in 2003 by WWF and other international NGOs to ensure projects that reduced carbon emissions under the UN’s Clean Development Mechanism (CDM) also contributed to sustainable development. It launched its Gold Standard for the Global Goals standard in 2017, enabling climate and development initiatives to quantify, certify, and maximise climate and sustainable development impacts.
Gold Standard has more than 80 NGO supporters and 1400+ certified projects in over 80 countries, creating billions of dollars of shared value from climate and development action worldwide.
The companies united in the REDD+ Business Initiative aim to support the further development of the UN’s REDD+ mechanism as referred to in article 5 of the Paris Agreement. REDD+ is the most effective instrument to reduce deforestation in the tropics at scale.
The CDM (Clean Development Mechanism) is the first global, environmental investment and credit scheme of its kind, providing a standardized emissions offset instrument, the Certified Emissions Reduction (CER).
It allows a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction (CER) credits, each equivalent to one tonne of CO2, which can be counted towards meeting Kyoto targets.
The Climate, Community & Biodiversity (CCB) Standards identify carefully designed land management projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity.
The W+ Standard is a unique certification label developed by WOCAN that endorses projects that create increased social and economic benefits for women participating in economic development or environment projects, including those that provide renewable energy technologies, time and labor saving devices, forest and agriculture activities, and employment opportunities.
Our clients can choose VERs from thousands of projects worldwide, featuring the following technologies:
- Biomass Cogeneration
- Wind Power
- Hydro Power
- Energy Efficiency
- Solar Power
Get in touch with one of our STX Climate Solutions experts. We support you by creating a tailor-made solution based on your economical, marketable and geographical preferences.
North & South America
|Tim Großheimann||Keegan Dean|