Displaying items by tag: offsetting

Colombia: A court has ordered Grupo Argos to hand over 490 hectares of land in Sucre. The El Colombiano newspaper has reported that the land’s original owners sold their land to Grupo Argos between 2005 and 2007, amid civil conflict. The company argued that it had made the purchase in good faith, however the court rejected this, given that paramilitary violence in the area was a matter of public knowledge. Grupo Argos subsidiary Tekia subsequently planted teak trees on the land as part of the group’s carbon offsetting efforts. The Colombian Land Restitution Unit will now use the land to generate funding for repatriation programmes for people who fled the war.

Europe: The Environmental Coalition on Standards (ECOS) has welcomed the EU’s new Empowering Consumers Directive. Under the directive, EU member states must enact laws preventing companies from labelling their products with climate claims based on offsetting. ECOS called the law a ‘significant measure against greenwashing.’ It called on the EU to further ensure that products neither rely on carbon credits, nor on contributions to sustainability projects, in calculating their impacts.

ECOS programme manager Elisa Martellucci said “The EU has taken aim at greenwashing. Climate neutrality claims based only on carbon offsetting are ambiguous and misleading for consumers because they are not linked to concrete efforts to combat the climate crisis. Instead, they rely on flawed carbon accounting practices that ‘write off’ greenhouse gas emissions. The amazing carbon emissions vanishing act is many companies’ dream – but emissions do not magically disappear. Policymakers have taken a strong stance against this deceptive practice.”

Iceland: Sementsverksmidjan says it has offset its domestic transport CO₂ emissions through an offset scheme with the government environmental agency Landgræðirin. In 2022 the subsidiary of Germany-based Heidelberg Materials offset 484t of CO₂-equivalent by restoring a birch forest and dry-land ecosystems.

Australia: Adbri has committed to reduce its cement's CO₂ emissions by 20%/t by 2030. WA Today News has reported that the company also aims to offset 100% of CO₂ emissions from its electricity consumption by 2030. It aims to achieve net zero carbon cement production by 2050. Adbri says that it is Australia's only cement producer not to use coal, relying instead on a combination of gas and refuse derived fuel (RDF).

CEO Nick Miller said "This net-zero emissions roadmap builds on our strong decarbonisation progress to date and establishes clear targets and actions we will advance as we strive to achieve net zero emissions by 2050."

UK: Cemex UK has launched ReadyBlock Zero, a zero carbon concrete block, on the UK market. The product joins the company’s Vertua reduced-CO₂ product range. Cemex UK achieved zero carbon production by means of offsetting. It said that ReadyBlock Zero will help builders to meet the UK’s government’s Future Homes Standard, which requires a 75 – 80% CO₂ emissions reduction in all newly built homes.

Cemex’s Europe regional urbanisation solutions director of asphalt, paving and building products Carl Platt said “We have developed the UK’s first carbon neutral concrete block to help housebuilders get ahead of the game when it comes to building low carbon homes that meet and exceed government guidelines and changes to building regulations. We want to make life easier for housebuilders to make simple sustainable choices that make large scale impacts on the often complex road to net zero. Concrete blocks are the most common structural component in the construction of UK homes, so by switching to zero carbon blocks, ReadyBlock Zero presents a huge opportunity for housebuilders to make significant carbon reductions.”

India: Dalmia Cement plans for 100% of its cement to be low carbon by 2031. The company has a US$405m carbon capture and utilisation (CCU) investment plan to help it to realise its goal. It will also undertake carbon offsetting measures.

Business Line News has reported that the company plans to spend US$1.35bn to increase its installed cement capacity by 52% to 50Mt/yr from 33Mt/yr before the 2024 financial year.

Germany: Switzerland-based LafargeHolcim subsidiary Holcim Deutschland has publicised further details of its plan to make its low-CO₂ concrete, EcoPact Zero, carbon neutral. It has partnered with German bog rewetting specialist MoorFutures to offset the remaining CO₂ from the reduced-emissions production process of EcoPact Zero concrete. LafargeHolcim has purchased a climate protection certificate from the company, which in return is restoring enough peatland in Königsmoor, Schleswig-Holstein, to capture 1t of CO₂ for every Euro64 it receives. MoorFutures says “Peatlands are the most effective CO₂ stores on Earth.”

Germany: Holcim Deutschland has announced the successful development of Holcim EcoPact Zero, a net-zero carbon concrete. It says that it is in talks with customers in Germany and will make the first deliveries of EcoPact Zero in early 2020. Holcim Deutschland CEO Thorsten Hahn said, “The use of clinker-reduced cements and the optimisation of the binder content play a central role. The still unavoidable CO₂-footprint is fully offset at with the support of various certified environmental projects.”