At CBW we have always taken measures to reduce our carbon footprint, from using 100% renewable electricity in the office, to recycling all our no longer used IT equipment, but it does not stop there. We are working with an industry specialist to improve how we work to help reach net zero.

CBW’s operations are carbon neutral
CBW has on ongoing relationship with a certified external party who works closely with us to measure and monitor CBW’s operational carbon footprint, and to help us devise our strategy to reach net zero. For the period 1 April 2021 – 31 March 2022, the operational boundaries of the study for CBW comprised the scope 2 GHG emissions and scope 3 GHG emissions.

Carbon offsetting
Whilst we fully appreciate that carbon offsetting can by no means be the only method of decarbonisation, it is a part of our ongoing strategy to support such projects as we continue to identify ways to reduce our carbon footprint.

In addition to devising a strategy to reduce CBW’s carbon footprint, we have also invested in three carbon offsetting projects which include:

Pacajai REDD Project in Brazil – (Verra Project 981)
The Amazon’s ecosystems play a critical role in stabilising the climate –providing food, water and vital medicines for all of us across the globe. The main goal of the project is to safeguard these resources from destruction. The Pacajaiproject owns and protects almost 150,000 ha –an area almost the size of London –of High Conservation Value rainforest in the Portelmunicipality in the region of Pará, Brazil. Since 2008, the Pacajaiproject has worked with families from the Ribeirinhoscommunity to facilitate their land use rights and stewardship in an area of the Brazilian rainforest that is being logged illegally and at a very rapid tempo. The project supports local capacity building and enables the transition of legal land-ownership rights from government-owned forests to local families for conservation. Project partners work in trusted partnership with over 6,200 Ribeirinhosriver people that live and work within the project area.

Tropical Mix in Panama – (Gold Standard Project 2940)
Degraded land, originally forest land, later used for extensive cattle ranching, is reforested with mostly native tree species and gradually converted into mixed forests. The project provides sustainable timber production and cocoa cultivation; it protects biodiversity and restores a healthy forest ecosystem. Sustainable forest management and cocoa production offer employment opportunities, therefore improve the economic and social situation of rural communities and families. Tropical Mix has been one of the first in line to be successfully certified under the renowned Gold Standard for land use and forestry projects. The cocoa production areas have been the first agroforestry systems to be certified under the Gold Standard. In addition, the forest management received FSC certification (Forest Stewardship Council) and the cocoa production is UTZ and EU organic certified.

Wind Project in Gujarat, India – (Gold Standard Project 7795)
The Wind Energy project was developed by VishWind Infrastructure LLP (“VWIL”), an independent power producer owned by the promoters of Wind World (India) Ltd. The project deploys 63 units of WTGs of Enercon technology, and delivers an annual average of 107 GWh of green electricity to the regional grid.  It not only addresses the power demand–supply gap in the state of Gujarat, but also assists in sustainable growth, conservation of resources, and reduction of greenhouse gas emissions into the atmosphere. The project contributes to an approximate reduction of 101,234 tonnes of CO2 emissions per year by displacing an equivalent amount of electricity generation at the grid. In the absence of this project, the equivalent amount of electricity would have been generated from conventional power plants based on fossil fuels. With the implementation of the project, the local communities have been benefited with employment, health, education, improved infrastructure, socio-economic development etc. in the region.

Our direct operations are Carbon Neutral. We have committed to a carbon reduction plan and offset our residual carbon emissions (certified: CarbonQuota 2022).