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Carbon Footprint
Climate Impact

How to Track and Offset Your Own Carbon Footprint.

While there is a lot of talk about carbon footprint and reducing emissions, many people don’t know where to start in calculating their own personal carbon footprint or that of their business. Understanding and tracking your carbon emissions is the first step toward meaningful climate action

VERGE 22
Climate Change News

Discussing the future of climate tech at VERGE 22

ClimateTrade will be attending and speaking at VERGE 22, the climate tech event organized by Greenbiz in San Jose, California, October 25-27. As an industry leader, ClimateTrade is proud to be a sponsor and speaker at the world’s leading climate tech event, VERGE 22. The purpose of this event is to accelerate solutions to the most pressing challenges of our time, and we are looking forward to discussing those in detail. A leader in six strategic areas VERGE 22 is organized in six strategic themes – clean energy, sustainable transportation, carbon removal, regenerative food systems, net-zero buildings and the startup ecosystem – and ClimateTrade contributes to all six of these. We support the development of clean energy by offering renewable projects and renewable energy certificates (RECs) on our marketplace; we partner with transportation companies to help them mitigate their climate impact; we are joining forces with players in the regenerative food ecosystem to investigate carbon farming; we are a strong carbon neutrality partner in the construction sector, having developed a specialized carbon footprint calculator; and we are deeply involved in the startup ecosystem in Valencia, Miami and beyond. For all these reasons, we look forward to being a conversation leader at the Greenbiz event. Panel: New technologies and strategies for communicating carbon data to consumers – 26/10, 2.45pm PDT Our CEO Francisco Benedito is a speaker on this panel of leaders behind some of the new experiments with carbon labels, who will share what we do and don’t know about the power of labels to impact consumer choice. What would happen if the carbon embodied in a laptop or a sofa or even a packet of chips were displayed on the product’s label? Measuring embodied carbon is notoriously difficult, but supply chains are slowly becoming more transparent and consumer demand for environmental data is growing. These forces have prompted companies large and small to experiment with labels that detail the emissions created in the manufacture of a product. The big question now is how consumers will react. Benedito will bring ClimateTrade’s perspective from our partnership with Santander Bank on its new carbon footprint feature, available on the webpage and app. Live carbon offsetting at the ClimateTrade booth Additionally, we are bringing innovation to our event booth! VERGE 22 participants can find us at booth 113 to experience our whitelabel solution, calculating and offsetting the footprint of their event attendance. If you haven’t yet, you can still register to attend VERGE 22 here.

CEPSA ClimateTrade
ClimateTrade News

Cepsa offsets heating oil customers’ emissions with ClimateTrade

Spanish oil and gas company Cepsa will offset around 55,000 tons of CO2 from heating oil consumed by its residential customers this winter, the equivalent of planting 330,000 trees, thanks to a partnership with ClimateTrade. This initiative, promoted by Cepsa’s Direct Sales business, is a pioneer among companies in the sector in Spain and will consist of funding several reforestation and forest preservation projects to remove CO2 from the atmosphere. The company will collaborate in environmental initiatives from the ClimateTrade marketplace, most of which will be implemented in Spain and the rest in countries where Cepsa has a presence. Specifically, several of these projects will be carried out in areas affected by forest fires, such as Vilardevos, in the province of Ourense, and Hoyo de Pinares, in Ávila. All heating oil products are included in this campaign and Cepsa will cover the entire cost of offsetting, without passing any of it on to its customers. Thanks to ClimateTrade’s blockchain technology, customers will receive CO2 offset certificates with traceable project information, in addition to being able to individually monitor each of the projects through a Cepsa website. They will also have the opportunity to visit the reforested areas. This initiative is part of Cepsa’s 2030 strategy, Positive Motion, with which it wishes to go beyond net zero emissions to net positive, enabling customers and society to move in the right direction. The company has established an ambitious roadmap to cut its emissions, placing it among the leading companies in its sector. Specifically, by 2030, it will reduce its CO2 emissions (Scope 1 and 2) by 55% compared to 2019 and aims to reach zero net emissions by 2050. As for the carbon intensity index of its products (scopes 1, 2, and 3), the company’s objective is to reduce it by 15-20% by 2030.