CM-Equity AG Partners with Karbon-X to Offset 100% of Their Emissions
Rhea-AI Summary
CM-Equity AG, a Munich-based investment house, has partnered with Karbon-X to offset 100% of their greenhouse gas emissions. The initiative covers Scope 1 (fuels), Scope 2 (electricity), and Scope 3 emissions (transmission and distribution losses, material use, and air transportation). The carbon offsetting will be implemented through third-party-certified projects verified by the Verra Standard, ensuring transparency and accountability. CEO Michael Kott emphasized the importance of working with trusted sources, citing Karbon-X as a market leader and trusted ESG partner.
Positive
- Partnership secures 100% carbon emission offset coverage
- Comprehensive scope coverage (1, 2, and 3) demonstrates full commitment
- Third-party verification through Verra Standard enhances credibility
Negative
- None.
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CM-Equity AG partners with Karbon-X to demonstrate its unwavering commitment to fostering innovation and driving sustainable impact.
CALGARY, AB / ACCESSWIRE / December 16, 2024 / CM-Equity AG, a leading investment house based in Munich, Germany is proud to announce that they are offsetting
CM-Equity AG's offsetting initiative encompasses the following Scope 1, 2, and 3 emissions as outlined by the Greenhouse Gas (GHG) Protocol Standards:
Scope 1 Direct Emissions: Fuels
Scope 2 Indirect Emissions: Electricity
Scope 3 Value Chain Emissions: Transmission and distribution losses; Material use; All transportation by air.
Karbon-X's tailored carbon offsetting solutions ensure that CM-Equity AG's emissions are fully balanced through funding impactful, third-party-certified projects. These projects are carefully selected to align with global sustainability goals and create measurable positive environmental outcomes. All offsets are verified by the Verra Standard, ensuring the highest levels of transparency and accountability.
A Commitment to Transparency and Impact: "When you want to have an impact it is important to act authentically and showcase in a transparent and undisputable way what you do," states Michael Kott, CEO. "When we at CM-Equity offset our carbon footprint, we only want to buy the offsets from trusted sources. Karbon-X is the best-in-class company for us, as they are market leader and trusted ESG partner from multiple industries."
This partnership highlights CM-Equity AG's proactive role in promoting environmental responsibility within the financial sector. By offsetting emissions from their operations and value chain, they set a strong example for businesses worldwide.
About CM-Equity AG: CM-Equity AG is a family-owned early-stage investor focused on microcaps and startups, whether publicly listed or private. With a strategic stake as a key investor in Karbon-X, holding approximately
About Karbon-X: Karbon-X is a global leader in carbon offsetting, offering innovative solutions that empower businesses and individuals to take action against climate change. With a focus on transparency, science-backed methods, and measurable impact, Karbon-X enables clients to achieve their sustainability goals while fostering global environmental progress.
Media Contact:
Chad Clovis
CEO
cc@karbon-x.com
+1 778-256-5730
karbon-x.com
SOURCE: Karbon-X Project Inc.
View the original press release on accesswire.com