Offset YES role is to facilitate the process of carbon offsetting for our clients. We connect carbon emitters with carbon reduction projects that help them compensate for their greenhouse gas emissions. The process involves purchasing carbon credits from these projects, which represent a reduction or removal of greenhouse gas emissions equivalent to the emitter's carbon footprint. The carbon credits effectively offset the emitter's carbon footprint, helping our clients to achieve their carbon neutrality or reduction goals.
Carbon offsetting is typically divided into three categories, known as "scopes," based on the source of emissions they address: Scope 1, Scope 2, Scope 3.
In the carbon offsetting process, our clients can calculate their total carbon footprint by considering all three scopes., followed by seeking to offset their emissions by purchasing carbon credits equivalent to the amount of carbon they are responsible for. Offset YES offer carbon credits solutions that come from verified and certified carbon reduction projects, such as renewable energy projects, reforestation initiatives, or methane capture projects, which contribute to reducing or removing greenhouse gas emissions from the atmosphere. By offsetting their emissions through these projects, our clients can take significant steps toward mitigating their environmental impact and contributing to global climate action.
Scope 1 emissions refer to direct greenhouse gas emissions that occur from sources owned or controlled by the emitting entity. This includes emissions from sources like on-site fossil fuel combustion (e.g., heating, manufacturing, and transportation), process emissions, and emissions from company-owned vehicles.
Indirect Emissions from Electricity Consumption Scope 2 emissions cover indirect greenhouse gas emissions that result from the consumption of purchased electricity, heat, or steam. These emissions occur at the electricity generation source, which is typically outside the control of the emitting organization. When a business or individual uses electricity from the grid, they indirectly contribute to greenhouse gas emissions based on the emissions intensity of the energy sources used by the power plants.
Other Indirect Emissions Scope 3 emissions are indirect greenhouse gas emissions that result from activities or sources that are not owned or controlled by the emitting organization but are associated with their operations. Scope 3 emissions can be much broader in scope and include a wide range of activities, such as emissions from business travel, supply chain activities, employee commuting, waste disposal, and the entire lifecycle of products or services provided by the organization.
Offset YES offer various carbon credits trading solutions aiming to connect our clients with verified carbon offset projects and ensure transparent and credible transactions that may include:
By offering carbon credits solutions, Offset YES aim to make carbon offsetting accessible, efficient, and impactful, helping our clients to take meaningful steps towards reducing their carbon footprint and combating climate change.
Offset YES also offer trading solutions for Energy Attribute Certificates (EACs) and Guarantees of Origin (GOs) in addition to carbon credits. EACs and GOs are market instruments that represent the environmental attributes of renewable energy generation and provide a way for our clients to support and promote renewable energy sources. Offset YES can facilitate:
1. EACs (Energy Attribute Certificates):
2. GOs (Guarantees of Origin):
By offering trading solutions for EACs and GOs, Offset YES enable our clients to support renewable energy generation, contribute to environmental goals, and showcase their commitment to sustainable practices. Through these efforts, we collectively drive the transition to a cleaner and more sustainable energy future.
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