Recently, to mark our five-year anniversary, we published an impact report that reflects on our major milestones over the past five years and the impact we had on the startup ecosystem. If you haven't done that yet, check out the report HERE.
True to our Triple Top Line value of bringing a positive impact on people, the planet, and profit, we wanted to make sure we first measure and manage our organization's carbon footprint over the past five years.
We had our portfolio startups Planet Positive and Earthbanc come in to help us with this task. The team at Planet Positive supported us in collecting all the necessary data to calculate our carbon footprint, while Earthbanc helped us find a trustworthy and impactful offset project to compensate for 200% of our emissions and become climate positive.
By offsetting 200% of our emissions with Earthbanc, we support critical ecosystem restoration and soil erosion control in the Sundarban region of India. Offsetting 50.8 tonnes of emissions creates many valuable benefits for people and the planet, by providing additional economic opportunities to local communities and supporting local biodiversity.
Note: 50.8 t CO2e represents 200% of the emissions that have not been offset yet. We have previously offset several flights over the years and have our office at Rockit, a carbon-neutral co-working space. Therefore, these emissions were not included in the offset amount.
You can find the full carbon footprint report and offset certificate here:
About Planet Positive
Planet Positive is a carbon management agency with a vision to contribute to global carbon neutrality by 2050. Planet Positive does that by supporting companies to measure, reduce, and offset their carbon footprint while engaging their customers, employees and partners. The team has a vast experience in GHG accounting, sustainability consultancy, sustainable development, and environmental engineering.
About Earthbanc
Founded in 2019 in Stockholm, Sweden, Earthbanc is the world's first carbon and investment platform that leverages machine learning and satellite remote sensing, to continuously audit and rate landscape carbon, carbon offsets, and the green finance products that support carbon removal. The team aggregates 15 years of collective experience in tree planting, reforestation, agroforestry, carbon project development, and finance. Earthbanc is successfully implementing projects around the world, providing valuable additional income and ecosystem services to local communities.
