Offsetters Becomes Caring For Climate Carbon Pricing Champion

Offsetters has partnered with the Caring for Climate Initiative as a Carbon Pricing Champion. Launched in 2007 by UN Secretary-General Ban Ki-moon, Caring for Climate is a joint initiative by the United Nations Global Compact, the United Nations Environment Programme (UNEP), and the secretariat of the United Nations Framework Convention on Climate Change (UNFCCC). It aims to mobilize business leaders to take further practical actions implement and recommend climate change solutions and policies. Consistent with the 2° C global target, companies are invited to indicate alignment with the following Business Leadership Criteria on Carbon Pricing leading up to the COP21:

• Set an internal carbon price high enough to materially affect investment decisions to drive down greenhouse gas emissions
• Publicly advocate the importance of carbon pricing through policy mechanisms that take into account country specific economies and policy contexts
• Communicate on progress over time on the two criteria above in public corporate reports

As one of nearly 50 company signatories, Offsetters will continue to take a leadership stance on carbon pricing in our strategies, operations and corporate values. The magnitude and urgency of climate action has made joining Caring for Climate a priority for Offsetters as we continue to demonstrate leadership in advancing practical solutions and strategies for climate change. Through innovation and long-term investment in energy efficiency and low carbon technologies, we believe that business has the solutions to turn climate change into disruptive, market opportunities.