
The role of carbon credits in corporate environmental leadership
Carbon credits are crucial for environmental leadership, but success hinges on prioritizing transparency and integrity in corporate sustainability efforts.
ClimateTrade 🠒 ClimateTrade News 🠒 Page 2

Carbon credits are crucial for environmental leadership, but success hinges on prioritizing transparency and integrity in corporate sustainability efforts.

Spain Surpasses 2022 Renewable Energy Goals, ClimateTrade Leads with Innovative Green Energy Solutions

The initiative is a recognition from both companies of climate risks as the most pressing threat to people and the planet.

Last month ClimateTrade’s CEO and Co-Founder Fran Benedito took the stage at the prestigious Finovate Fall 2023 event, showcasing our climate action platform to an audience of fintech industry leaders, innovators, and enthusiasts.

We are thrilled to announce the newest addition to our team at ClimateTrade: Javier Santoyo, who will be taking on the role of Commercial Development Director – Europe.

Angara Global Ltd. and ClimateTrade have signed an MOU, in a groundbreaking initiative to forge a path toward a more sustainable future.

Climate solutions provider ClimateTrade looks to grow network of partners, project developers in the U.S. MIAMI, July 13, 2022 — ClimateTrade, the world’s first blockchain-based climate solutions provider, announced today that it is expanding its footprint in the U.S. with a new headquarters in Miami. The company also announced that it has hired a U.S. business and policy advisor with plans to further expand its U.S.-based team in the near future. These moves will enable ClimateTrade to scale up its operation in the U.S. and strengthen its relationships with American businesses, project developers and policymakers. “We couldn’t be more excited to open our first U.S. headquarters in Miami, a hub for innovation and a leader in sustainability,” said Francisco Benedito, co-founder and CEO of ClimateTrade. “Having a physical presence here will enable us to grow our network of partners and project developers and help more companies reduce their carbon emissions and achieve their broader ESG goals.” As part of ClimateTrade’s U.S. expansion, the company has announced the hiring of Michael Green as U.S. business and policy advisor. The former executive director at Climate XChange, with experience at the UN, American Sustainable Business Network and the Climate Action Business Association, Green brings extensive international climate science policy expertise as well as business acumen to ClimateTrade. He will assist the company’s push to engage with American businesses and project developers as well as lead efforts to develop a favorable climate policy environment in the U.S. “Engaging businesses with meaningful opportunities to address the climate crisis is something we must do,” said Green. “And I believe ClimateTrade has the technology, the people, and the vision to do it.” ClimateTrade has experienced a 65 percent growth in employees over the past year and is in the process of further expanding its U.S.-based team with the hiring of a chief commercial officer and chief financial officer. The company also recently joined more than 1,000 U.S.-based businesses to implore Congress and President Biden to take bold action on climate change. About ClimateTrade ClimateTrade is a blockchain-based climate pioneer, aiming to empower large-scale decarbonization through constant innovation. The ClimateTrade marketplace allows companies to offset their climate impact by purchasing carbon, plastic and biodiversity offsets, as well as renewable energy certificates directly from project developers.

In order to meet the world’s climate goals, individuals and companies alike have to achieve significant carbon reduction. This article offers 10 simple actions you can take to reduce your carbon footprint.

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.
