Globe sustainability

NIBC remains carbon neutral by extending carbon offset programme

News Release -

NIBC has extended its Gold Standard carbon offset programme with Climate Neutral Group through 2020. The Gold Standard, supported by WWF, is the most rigorous certification standard globally for carbon offset projects. This programme allows NIBC to invest in environmental projects in order to balance our own carbon footprint and ensure that NIBC remains carbon neutral in its operations.

Measures taken by NIBC include installation and operation of a geothermal system in our headquarters in The Hague, and energy-efficient renovations to the properties that we own. Since 2010, NIBC has already reduced carbon emissions related to its own operations by 58%. We have sourced 100% of our electricity from renewables since 2012. Our carbon emissions are reported annually in our Sustainability Report. Any remaining emissions related to our direct operations will be offset in this carbon offset programme.

Robin Willing, Senior Sustainability Officer at NIBC, says: “Carbon offsets are an important part of a comprehensive environmental management system alongside efforts to reduce emissions in the day-to-day operations of a company. NIBC is making tangible progress towards Paris COP21 commitments and becoming a net-zero carbon company while supporting mid-sized companies in key sectors across Northwest Europe in their own sustainable transitions.”

Clean drinking water

The latest carbon offset programme will provide access to clean drinking water for rural households in Uganda, Rwanda, Malawi and Eritrea. The programme contributes to the construction and maintenance of boreholes and training of local entrepreneurs. The boreholes reduce CO2 emissions by eliminating the need to boil water over an open fire to kill bacteria and viruses. This will also help to curb deforestation as local populations will have a reduced need for firewood to boil the water. The programme also has numerous social benefits and is seen as positively contributing toward sustainable development goals.

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