UK company is looking to engage CSR (corporate social responsibilities) of companies based in Europe, US, Canada and Japan by offering ecosystem services projects for financial agreements with the aim of preserving the rainforest in Brazil. The company provides certified and credible carbon emissions offsetting via payments for ecosystems services. Carbon emissions offsetting is achieved by implementing the UNFCCC mechanism: REDD+ (reduction of missions from deforestation and forest degradation)
The organisation funded in 2015, supports companies in reducing their carbon footprint in line with climate change policy, and to achieve important CSR goals in areas of environmental/forest conservation, social welfare for impoverished and indigenous peoples and protection of biodiversity. The company works closely with the State Government of Amazonas, Brazil, to realise tangible benefits for the environment as well as the local communities. They implement ecosystem services projects in the Brazilian Amazon as per the UNFCCC (United Nations framework convention on climate change), consisting of simultaneous forestry conservation, biodiversity protection and local community support projects. For those who invest in their projects, the company provides certified and credible carbon emissions offsetting via payments for ecosystems services. Carbon emissions offsetting is achieved by implementing the UNFCCC mechanism: REDD+ (reduction of missions from deforestation and forest degradation, plus sustainable management of forests). The company seeks partners for financial agreements, whereby the partner will outsource their environmental CSR goals by investing in the UK company’s conservation project in the Amazon rainforest, the Aripuana REDD+ project. REDD+ is an incentive mechanism developed by the United Nations Framework Convention on Climate Change (UNFCCC), in December 2010, to reduce emissions from deforestation and forest degradation, conserve and enhance forest carbon stocks, and promote sustainable forest management. Currently, deforestation contributes more carbon emission than the entire global transport sector; research shows that deforested areas capture twice as much carbon as their deforestation releases. The service facilitates the sponsorship of conservation of Amazon rainforest in Brazil, a traditionally difficult market to reach and access. The REDD mechanism, as well as agro-forestry supply chain initiatives have been the core of tackling drivers of deforestation in areas of high risk. REDD+ permits the verification of forest carbon stock to be traded as carbon credit on voluntary market for carbon footprint neutralisation whilst building capacity in local communities to understand their environment and manage sustainability. Well-designed and implemented REDD+ projects reduce greenhouse gas emissions, protect biodiversity and reduce poverty in rural and forest-dependent communities. This project is being implemented in association with a Brazilian non-profit organisation with operations in Brazil which assists Brazilian state governments in the advancement of their forest conservation policies. Partners will invest in the Aripuana REDD+ project, a project covering more than 157,723 hectares of threatened rainforest within the Brazilian Amazon rainforest. The project area has been broken down into equal sized pieces worked out in square feet, each of which is called a square. Each square foot of forest equates to one square. Each 10 squares cost £0.01 per year. The company offers 4 packages of squares: 1m, 5m, 10m and 50m. Each costs, £1k, £5k, £10k and £50k, respectively. When a company decides to invest in this programme they will choose from one of sponsorship package options, thus sponsoring the conservation of an area of rainforest corresponding to the package. By making such an investment, the partner company can purchase REDD+ credits thus outsourcing their environmental CSR goals and enabling them to reduce and offset their carbon emissions footprints. The partner company can connect social and environmental commitments to global institutional development for sustainable land and economic growth of the amazon region, and improve their access to financial capital. A sponsorship can also create an indirect marketing tool, highlighting a company’s commitment to conservation and local communities and positively impacting on profits.
Innovations and advantages
The aim of the organisation is to help achieve the CSR and environmental goals of companies by offsetting carbon emissions, thus improving environmentally and eco-friendly appearance of companies. On choosing the sponsorship package companies receive an official certificate highlighting their offset, mobile access to real-time monitoring of the project, a report on the social and environmental impact and a trip to the site: all depending on the package selected. When a company decides to invest in this programme they will be able to sponsor the conservation of the area corresponding to their package. By making such an investment, the partner company can purchase REDD+ credits thus outsourcing their environmental CSR goals and enabling them to reduce and offset their carbon emissions footprints, (by the equivalent of a flight, an event or average yearly emissions, depending on the sponsorship package). Further benefits can also accrue as investors in this project will be to connect social and environmental commitments to global institutional development for sustainable land and economic growth of the amazon region. This may also lead to improved access to financial capital. The UK company works in association with a Brazilian non-profit organisation operating on the ground in the Aripuana area in Brazil and in close cooperation with the state government. This relationship helps to ensure the effectiveness of the project in its implementation, making the investment more worthwhile when compared to similar potential ventures.
Market application codes
09002005 Investment groups
Area of partner's activity
The UK company seeks partners for financial agreements, whereby the partner will outsource their environmental CSR goals by investing in the UK company’s conservation project in the Amazon rainforest, the Aripuana REDD+ project.