Carbon offsetting

We’re committed to helping our customers reduce the carbon footprint created through their gas consumption. We’re able to do this is through a process known as carbon offsetting. This is where the carbon emissions of the gas contract are calculated, and the equivalent ‘carbon credits’ – CERs (Carbon Emission Reductions), are purchased and retired from the market. For example, 1 tonne of CO2 equals 1 carbon credit/ CER.

There are three key steps involved in the carbon offsetting process which we manage on behalf of our customers;

  • Calculating and buying the CERs
  • Delivering the CERs to the Carbon Registry
  • Cancelling the credits, removing them from circulation in the market

As a result, the customer can show that through the purchase and cancellation of these CERs, they have offset the carbon emitted through their business’ gas consumption.

What are CERs?

CERs are generated from Clean Development Mechanism (CDM) projects, which help to moderate greenhouse gas emissions. After verification and auditing overseen by the UN Climate Change secretariat, the UN issues the project developer with the necessary CERs to sell.

How does Gazprom Energy make the gas contract carbon neutral?

By purchasing and cancelling CERs through the Carbon Registry, customers can claim their environmental benefit as the credits are now no longer in use.

Upon cancellation of the CERs, we’ll confirm the volume of CERs as well as their serial number, which can be used to identify the technology of the project, as well as the country it originated from.

Find out more about Gazprom Energy Carbon Offsetting

Whether your business is launching a new sustainability initiative or wanting to enhance its environmental credentials, get in touch with the Gazprom Energy team today and we can help.

Not sure if Carbon Offsetting is the right choice for your business?

We also offer an Eco Gas product which you can find out more about here.

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