Empresas y finanzas

CantorCO2e Announces the Launch of The Social Carbon Company



    CantorCO2e, LLC, a leading global financial services provider to the

    world´s environmental and new-energy markets

    announces the launch of the Social Carbon Company. This unique new

    venture will provide advice and carbon management services to project

    developers in the Verified Emission Reduction (VER) market. The Social

    Carbon Company specializes in applying the Social CarbonTM methodology, a system of adding value to carbon credits offsets by

    quantifying a project´s contribution to

    sustainable development.
    Laurence Rose, Chairman of CantorCO2e, said, "Our

    key objective in creating the Social Carbon Company is to help bring to

    market carbon emission offsets that not only meet independent

    verification tests, but reach or exceed the highest quality standards.

    The Social Carbon methodology allows us to execute this strategy and

    create proprietary products that we think will be unique in the

    marketplace." In addition, Rose said, "by

    integrating a sustainability model, we will create additional economic

    value for project developers thereby enhancing overall value for our

    clients."
    The voluntary carbon market, which is growing rapidly with increasing

    consumer consciousness of climate change, is open for innovation in

    quality. In a market where legitimacy is becoming increasingly valued

    Social CarbonTM provides a uniquely transparent way of demonstrating to buyers of VERs

    that with their purchase they are helping to improve the lives of

    communities in developing countries. The Social CarbonTM methodology was developed and is owned by the Ecológica

    Institute, a renowned climate change research centre in the Amazon. The

    Social Carbon Company implements carbon emission reduction projects in

    partnership with project developers leveraging its exclusive license to

    the Social CarbonTM methodology.
    Stefano Merlin, CEO of the Social Carbon Company, was a founder of the

    Ecologica Institute and co-developer of the Social CarbonTM methodology. Commenting on the launch, he said: "We

    are currently involved in more than 60 projects in Brazil and are

    rapidly expanding our client base in Latin America. We are excited by

    the possibilities of our partnership with CantorCO2e and have ambitions

    to bring the benefits of Social CarbonTM to projects all around the world."
    Steve Drummond, Co-CEO of CantorCO2e said, "We

    believe that Social CarbonTM is the next step

    in the evolution of standards in the voluntary carbon market, and has

    the potential to shape the future of compliance markets. Having

    contributed to the development of the principal standards in the

    voluntary market, I believe the Social Carbon methodology now brings a

    new dimension of true and ongoing sustainability to carbon projects. I

    am excited to be able to implement this new vision through CantorCO2e´s

    global network."
    About Social CarbonTM
    Social CarbonTM is a

    methodology developed by the Ecológica

    Institute (www.ecologica.org.br)

    that is founded on the principle that transparent assessment and

    monitoring of the social and environmental performance of projects

    improves their long-term effectiveness, and adds value to the VERs

    generated. The methodology uses a set of analytical tools that assess

    the social, environmental and economic condition of communities affected

    by projects, and demonstrates, through continuous monitoring, the project´s

    contribution to sustainable development. The methodology is also unique

    in that it is the only one of the commonly used carbon standards which

    was developed south of the equator.
    A key element of Social CarbonTM is the active participation of the communities and stakeholders

    involved, taking account of the full potential of human and natural

    resources to help give projects stability and reduce risks. Applied

    every year of a project´s life, it confirms

    that project objectives are met and any problem areas identified on an

    ongoing basis. This makes Social CarbonTM projects unique.
    About The Social Carbon Company
    The Social Carbon Company provides advice and carbon management services

    to project developers in the Verified Emission Reduction (VER) market.

    It has exclusive rights to apply and license (worldwide) the Social

    CarbonTM methodology

    and uses this to implement carbon emission reduction projects in

    partnership with project developers. This unique approach to project

    development and sustainability has attracted significant attention. The

    take-up of Social CarbonTM as an ethical basis for project development has rapidly grown across

    Latin America in the last eighteen months and more recently in the USA

    and Europe. The current list of projects includes the transition from

    non-renewable native wood species as a fuel source to renewable biomass

    sources, reforestation, energy efficiency, landfill and small-scale

    hydro-electricity. Social CarbonTM has also recently been used by the Benfica football team in Portugal as

    the basis of its commitment to emissions neutrality. The agreement

    includes licensing of the Social Carbon? brand, providing an ongoing contribution to the funding of the Ecológica

    Institute.
    For more information please visit www.socialcarbon.com.
    About CantorCO2e
    CantorCO2e is a leading global provider of financial services to the

    world´s environmental and new-energy markets

    offering transaction and consulting services to clients engaged in using

    energy and managing emissions across the world.
    CantorCO2e serves environmental credit buyers and sellers in all of the

    world´s principal emissions markets

    including the Kyoto markets (CDM, JI and European emissions trading)

    the US compliance markets, and the voluntary carbon market. We help

    entities transact via electronic trading screens, recorded telephone

    lines, auctions and negotiated contracts. We advise equity investment

    funds on carbon finance, introduce investors to projects, and structure

    forward sales to enable project developers to fund their

    investments. CantorCO2e is headquartered in London and San Francisco and

    has over 60 emissions trading professionals located in fourteen offices

    across five continents. This global yet local presence, together with

    the unique experience of our staff, enables CantorCO2e to provide an

    unparalleled level of service to our clients.
    For more information please visit www.cantorco2e.com.