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Alquity – Carbon Offset

At Alquity, we firmly believe that actions speak louder than words. Although the nature and size of our business mean that our direct emissions are relatively low, we remain committed to sustainability and environmental responsibility. That is why we have offset all our greenhouse gas (GHG) emissions from essential business travel for 2024 — a total of 72 tonnes.

Why Tradewater Carbon Credits?

For our carbon offset initiative, we have chosen Tradewater carbon credits. Tradewater operates impactful projects across Latin America, Ghana, the United States, and Thailand. Their credits are certified by the American Carbon Registry and Verra.

The Impact of Tradewater’s Work

Tradewater focuses on collecting ozone-depleting substances (ODS) from refrigerant stockpiles. These substances, if released to the atmosphere, would contribute to climate change and ozone layer depletion. You can read more about this on this article from National Geographic.

Tradewater ensures that these gases are safely transported to incineration facilities that meet the standards of the Montreal Protocol, permanently eliminating them.

In addition, Tradewater is also addressing another critical issue – methane leaks from abandoned and orphaned oil and gas wells in the United States. Methane is a potent greenhouse gas with a significantly higher warming potential than CO2. By preventing these leaks, Tradewater is tackling a major challenge in the oil and gas industry and delivering a high-impact solution for climate mitigation.

Our Commitment to a Sustainable Future

Choosing to offset our emissions through Tradewater is just one of the ways we integrate sustainability into our business practices. We recognize that environmental responsibility goes beyond mitigating our own footprint.

We encourage other businesses, regardless of their size, to take similar steps. Collective action is crucial in the fight against climate change, and together, we can drive real change toward a more sustainable future.