Le Lézard
Classified in: Environment, Business
Subjects: PDT, ENI, ESG

GoParity at the Web Summit: How big is your organization's carbon footprint? Offset CO2 emissions with GoParity


LISBOA, Portugal, Nov. 3, 2021 /PRNewswire/ -- GoParity, a Portuguese startup for sustainable investments, developed a tool that allows companies to simulate the carbon dioxide emissions from the transport of orders, the car fleet and air travel of employees or the energy consumption of offices. Once measured, companies can find out how much to invest in sustainability projects to compensate for their carbon footprint. The feature was presented today at the Web Summit, in Lisbon.

"With this new tool, companies committed to sustainability can compensate for their carbon footprint with a bonus that this implies an investment and not a cost for the company. It's a real and circular impact for the company, the projects invested in and the environment." explains Nuno Brito Jorge, CEO of GoParity.

GoParity is a platform where positive social and environmental impact projects seek funding and appeal to civil society to invest in the creation and growth of these green businesses. The impact is measured in sustainability metrics so it's always visible what one has contributed, such as CO2 avoided, planted trees and clean energy generated, and impacted lives.

From the various projects: solar power projects for self-consumption, contributing to the decarbonisation of the economy; reforestation projects, allowing CO2 capture as a result of tree planting; energy efficiency projects that reduce CO2 by reducing consumption. Whenever an investment is made through GoParity, one can monitor its positive impact of CO2 avoided and the percentage of footprint reduced.

"This is another step towards the decarbonisation of the economy. Offsetting the carbon dioxide emitted is an innovative approach and allows companies to invest with return in projects that avoid CO2 emissions, instead of paying." says Brito Jorge.

In four years, GoParity has already generated more than 9M? for +125 projects, which were invested by more than 15.5 thousand users, with a return of 4-7% per year, representing more than 2M? returned to investors. In total, the projects avoided an annual average of 22.000tons of CO2 emissions, and impacted around 60 thousand people through the creation of jobs, better financial living conditions and education.

The new feature was presented today at the Web Summit, at Casa do Impacto stand, the innovation and entrepreneurship hub where GoParity is incubated.

 


These press releases may also interest you

at 18:37
NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") announced today the pricing of its underwritten public offering of $35 million aggregate principal amount of its 5.75% Senior Unsecured Notes due 2026 (the "Additional Notes"). The...

at 18:31
Yesterday, 22 local businesses were awarded grants from Employ Prince George's, totaling $534,791. These grants were a part of the Covid-19 Workforce Development Recovery Program Rapid Re-Employment Grant Initiative, awarded to businesses who hire...

at 18:14
Trulieve Cannabis Corp.  ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, today announced that it publicly filed a resale registration on Form S-1 (the "Registration Statement") with the United...

at 18:08
EdgePoint Investment Group Inc. ("EdgePoint") announces that on January 21, 2022, it acquired 136,152 common shares (the "Shares") of CES Energy Solutions Corp. (the "Reporting Issuer"), representing approximately 0.05% of the outstanding Shares, on...

at 18:03
Pomerantz LLP is investigating claims on behalf of investors of  Embark Technology, Inc. ("Embark" or the "Company") .   Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980....

at 18:00
/~NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES~/ VANCOUVER, BC, Jan. 21, 2022 /CNW/ - TIMIA Capital Corporation ("TIMIA" or the "Company") , a leading innovator of technology in private credit, is pleased to...



News published on 2 november 2021 at 20:00 and distributed by: