Where does Aspiration source their carbon credits?

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Aspiration retires carbon credits to fulfill various promotional offers and to offset gas purchases as part of our Planet Protection program. Carbon credits function as tradeable certificates within the voluntary carbon market. Each carbon credit represents the reduction or avoidance of one metric ton of carbon dioxide, or an equivalent amount of other greenhouse gasses with similar global warming potential, often referred to as CO2e. 

 

Carbon credits are generated by nature-based methods, such as reforestation, or technology-based projects, like renewable energy initiatives, that actively reduce, prevent, eliminate, or capture carbon emissions. When these credits are retired, they transform into carbon offsets, effectively counterbalancing or offsetting your carbon emissions.

 

The specific credits we use for our offsets are sourced from the following projects:

 

Project Name: Renewable Wind Power Project by Adani

Location: Gujarat, India

Registry: Verra

Project ID: VCS 2042

Methodology: ACM0002

Project Type: Renewables

Avoidance/Removals: Avoidance

Offsets Purchased From: Aspiration Partners Inc.

 

Project Name: Northern Kenya Improved Grasslands

Location: Samburu County, Kenya

Registry: Verra

Project ID: VCS 1468

Methodology: VM0032

Project Type: Agriculture Forestry and Other Land Use

Avoidance/Removals: Removals

Offsets Purchased From: Aspiration Partners Inc.

 

Project Name: Mai Ndombe REDD+ Project

Location: Mai Ndombe Province, Democratic Republic of the Congo, Africa

Registry: Verra

Project ID: VCS 934

Methodology: VM0009

Project Type: Agriculture Forestry and Other Land Use

Avoidance/Removals: Avoidance

Offsets Purchased From: Aspiration Partners Inc.

 

Aspiration's carbon accounting and equivalency methodologies for Planet Protection, reforestation initiatives, and our company's carbon footprint were reviewed and refined by the Anthesis Group in 2023.

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