The Tshwane office of consulting engineering and infrastructure advisory firm Zutari is practicing waste segregation at the source, using funds from recyclable waste to purchase carbon offsets for greenhouse gas emissions. This initiative not only promotes a circular economy but also raises climate change awareness. The company has partnered with Gold Standard, an organization established by the World Wildlife Fund and international NGOs to ensure environmentally responsible carbon emission reduction projects. By purchasing offsets, Zutari aims to offset emissions produced in the countries where it operates, making significant progress towards carbon neutrality. Zutari has been measuring its carbon footprint since 2014 and has conducted campaigns to educate staff on emission reduction. While emission avoidance is the primary goal, offsetting becomes necessary when reduction is not possible. The company has selected Gold Standard projects that align with its commitment to the continent and its people. One of these projects is the Kenya Biogas Programme, which supports the development of a commercially viable biogas sector in Kenya. Funding is provided to install biodigesters in rural homes, reducing dependence on polluting firewood and expensive fossil fuels. Zutari plans to expand its carbon offsetting efforts in the future but recognizes that the most significant impact it can have on climate change and the circular economy is through its projects.
ICE is preparing to introduce a futures market for carbon credits under CORSIA, which will focus on reducing airline emissions.
Intercontinental Exchange (ICE) announced plans to launch a physically delivered futures contract for carbon credits eligible for use by the...