- CLIMATETRADE PLATFORM
Offsetting on behalf of another person
Learn how you can offset on behalf of another person/company or to offset a specific product or service. Issue the certificate with the name you want.
Learn how you can offset on behalf of another person/company or to offset a specific product or service. Issue the certificate with the name you want.
One of the most common questions we receive is what is going to appear in the retirement certificate (aka offset or compensation certificate). The short answer is whatever you want. The default behavior is to retire credits for your own footprint but there are several cases where you might retire credits for other reasons, and you want another name to appear on the certificate.
Offsetting using another name different from your name or your company name is very easy. Just select the project/s you want to purchase, and in the checkout section fill in the name you want to appear in the certificate in the input “Use another name in the certificate”. You can also customize the language of the certificate, in case you want to issue it in a different language from yours.
If you want to issue different certificates with different names you will need to make different purchases, as all the certificates within the same purchase are issued with the same name.
One use case where this is very helpful is in the case where we want to offer a product or a service with carbon neutrality. According to carbon neutrality recognized standards (PAS 2060 or ISO 14068) the unabatable/residual emissions of a product or a service should be offset.
To provide full transparency you could offset and retire the credits indicating in the name the product or service name and the year it refers to. For example Company X sells carbon neutral shoes, called X-Green Shoes. They would offset putting in the certificate “Company X. X-Green Shoes footprint 2024”, which makes radical clear the subject of the compensation and provides the transparency required by standards and certification agencies.
A very specific case of a service offered that could be offset is an event. The footprint of an event can be calculated using our prime calculator or through our experts’ analysis. If the organizer of the event wants to offset the footprint of the event they can do so by offsetting and putting in the certificate the name and year of the event. For example the organizer could put in the name of the certificate “World congress of climate in New York, May 2024”, which can be shared with participants, sponsors, etc..
Another common example is for consultancy and advisory companies that offer to their customer an integrated service, where they analyze companies processes, develop their sustainability strategy, and procure the credits for the offsetting. In this case the consultant can execute the offsets in our marketplace directly, putting in the certificate the name of their customers so it’s clear that they are offsetting their customer’s footprint.
In case you want to go beyond adding the name you want in the retirement certificate and you want to add your company logo, or offset on behalf of your customer but fractionating the tons of CO2 in Kg of CO2 you can do so by contracting our SaaS product.
ClimateTrade’s Basic plan allows you to use our API and other manual options (like file upload) to fractionalize the retirements and to issue personalized certificates, adding your company logo. All this with incomparable transparency and traceability provided by our blockchain technology.
© Copyright 2024 – ClimateTrade | All Rights Reserved