Companies transporting goods in the Asia Pacific region should find it easier to become more environmentally responsible, following the launch of a new joint service by Barclays Capital and DHL Express. The so-called GOGREEN Carbon Neutral service calculates the carbon emissions incurred in individual shipments. The shipping company can then offset some or all of these carbon emissions in recognised carbon management programmes. These schemes range from hydro power plants in India to wind farms in China.
Each company also receives annually audited independent verification of the amount of carbon offset achieved. This ensures that the scheme s transparent and credible. Under the GOGEEN Carbon Neutral service, it is also possible to offset emissions resulting from air transportation.
The initiative is part of wider environmental policies within both Barclays Capital and DHL Express. In 2007, Barclays set itself the goal of becoming carbon neutral. It achieved this status in 2009 and to date has purchased and cancelled a million carbon credits. By the end of this year, the banking giant hopes to have reduced the amount of carbon emissions relating to each employee worldwide by 6%.
Similarly, DHL Express, as one of the world’s largest transportation firms, actively seeks out ways of minimising its carbon footprint. It has set itself the target of improving carbon efficiency by 30% in the next decade. The GOGREEN project will contribute towards this reduction.
To find out more about investment opportunities in carbon credit trading talk to 360 Invest Group today.