Esteve offsets part of its carbon footprint for the second year in a row

Esteve offsets part of its carbon footprint for the second year in a row

Within its firm commitment to sustainability, Esteve has been calculating its carbon footprint since 2015. Now, for the second year running, Esteve goes one step further and offsets a part of the CO2 emissions generated by its activity during the year 2018.

The carbon footprint calculation and offset are part of the company’s commitment to the fight against climate change, along with measures to reduce emissions that apply within the organization.

Esteve’s 2018 GHG emissions offset  was made by purchasing 665 carbon credits from a solar energy production project in China, pertaining to the Clean CO2 portfolio.

The project, called “Qinghai Delingha Xiehe”, is located west of the city of Delingha, in the Qinghai province, P.R. of China. The total installed capacity is 40,0831 MWp. It is estimated that the generated average annual electricity is approximately 63.30949 GWh. The electricity generated by the project is supplied to the Northwest China Power Grid (NWPG). It will achieve 54,247 tCO2e per year of greenhouse gas (GHG) emission reductions, with a total of 379,729 tCO2e during the project’s lifetime. This is a certified project under the GS standard (The Gold Standard).

Thanks to this project, the damage caused by coal mining is reduced. It also contributes to the economic and social development of the region through the creation of employment opportunities, increasing the value of the land where the project is located and improving the electricity supply service.

With this action, Esteve has obtained the Clean CO2 Certified Certificate and Seal, as an accreditation of the action carried out.