CARBON NEUTRAL COMPANY

Seal Of Approval Carbon Neutral Company

race result AG supports the following UN goals for sustainable development:

barcode Armut beenden Kein Hunger Gesundes Leben für alle Bildung für alle Wasser und Sanitärversorgung für alle Nachhaltige und moderne Energie für alle Nachhaltiges Wirtschaftswachstum und menschenwürdige Arbeit für alle Widerstandsfähige Infrastruktur und nachhaltige Industrialisierung Bekämpfung des Klimawandels und seiner Auswirkungen Landökosysteme schützen Umsetzungsmittel und globale Partnerschaft stärken

race result AG

Participant ID: DE-3584-0105

Valid until: 05.01.2024

This certificate guarantees that the reported quantity of 582 tons CO2 has been calculated according to Greenhouse Gas Protocol Standard, scopes 1, 2 and 3. The resulting emissions have been saved in Gold Standard and VCS tested climate projects.

race result AG has acquired shares (certificates) in climate protection projects corresponding to the calculated volume of CO2 and therefore plays a transparent part in the realisation of the projects. This ensures that the company compensates for its own CO2 emissions, and thus scales back the rise in global warming.

The projects have been certified, and the issue and closure of the certificates is registered transparently.

race result AG is therefore a voluntary participant in emissions trading, and thus makes a contribution to maintaining a viable environment by reducing the emissions of greenhouse gases. The holder of this certificate makes a sustainable contribution to the commitment to tackle global warming.

Dipl.-Ing. Frank Huschka

race result AG supporting climate protection projects:

Kariba REDD+ Forest Protection

Zimbabwe

Saving forests, protecting wildlife and changing lives

Since the Kariba REDD+ (Reduced Emissions from Deforestation and Degradation) project launched in 2011, more than 18 million tonnes of CO2 have been prevented from entering the atmosphere. The project has also supported the independence and well-being of local communities.

The Context
In recent decades, Zimbabwe has suffered from political and economic turbulence. With limited economic opportunities, desperate communities have delved deeper into the forests, clearing it for subsistence farming and fuelwood. More than a third of Zimbabwe’s majestic forests have been lost. Creating further instability for people with already precarious livelihoods.

The Project
The Kariba Project protects almost 785,000 hectares of forests and wildlife on the southern shores of Lake Kariba, near the Zimbabwe-Zambia border. One of the largest registered REDD+ projects by area it connects four national parks and eight safari reserves, forming a giant biodiversity corridor that protects an expansive forest and numerous vulnerable and endangered species – including the African elephant, lion, hippo, lappet-faced vulture and southern ground hornbill. As well as this, the project implements numerous community- focused initiatives detailed below.

The Benefits
Kariba is a community-based project, administered by the four local Rural District Councils (RDCs) of Binga, Nyaminyami, Hurungwe and Mbire. As such, the project supports a range of activities beyond environmental protection, promoting the independence and wellbeing of these communities. Improved clinic amenities provide better healthcare, infrastructure including new roads and boreholes improve daily life, and school subsidies are offered to the poorest quartile of the population. Project activities in conservation agriculture, community gardens, beekeeping training, fire management, and ecotourism create jobs and facilitate sustainable incomes, benefiting the entire region.

So far, the project has trained 233 local people to generate profit from sustainable beekeeping. Community gardens, beekeeping training, fire management and ecotourism create jobs and facilitate sustainable incomes that benefit the entire community.

Category          Standard           
Carbon       |      VCS Verified Carbon Standard 902

LAS PIZARRAS Hydroelectric PROJECT

Peru

The Las Pizarras Project in Peru is a new run-of-river hydroelectric power project located at approx. 1,078 m.a.s.l, on the high basin of the Chancay river, in the district of Sexi, province of Santa Cruz, region of Cajamarca, in Peru.
The total installed capacity of the Project will be of 18 MW, with an electricity generation potential of 103.32 GWh per year. The Project aims to generate renewable electricity by using water from the Chancay river and supply this energy to the National Interconnected Electric Grid (SEIN).The Project will have an expected minimum operating lifetime of 40 years.
 The Project is expected to avoid the emission of 68,132 tons of carbon dioxide equivalent (tCO2e) per year, which will amount to 681,323tCO2e for the first crediting period of 10 years.

Estimated Annual Emission Reductions
68,132 t CO2

Category          Standard           
Carbon       |      VCS 1348

Infravest Wind Farms CHANGBIN AND TAICHUNG

Taiwan

Harnessing the energy of coastal winds to power Taiwan communities
These two wind farms help drive Taiwan’s renewable energy expansion and pave the way for sustainable development. Each year, this project prevents over 320.000 tonnes of greenhouse gases from entering the atmosphere.
 

The Context
Despite the abundant coastal winds along its shoreline, Taiwan remains heavily reliant on fossil fuels, which make up over 75 percent of its total installed electricity capacity. Shifting towards sustainable energy is vital for both Taiwan’s national security, and for its economic and environmental prosperity.

The Project
This project harnesses the plentiful supply of wind energy along Taiwan’s coast near Taichung in the west and Changbin in the east. The wind farms consist of 62 wind turbines, and generate over 480.000 MWh of clean power each year which is supplied to the local electricity grid.

The Benefits
In addition to contributing to global climate change mitigation, this project is engaged in several nature preservation enterprises such as regular beach clean ups and guided tours that raise awareness about climate change, pollution and other environmental issues. The project has also led to the forestation of 2.400 m2 of land, encouraging local biodiversity.

Your investment in the project supports the energy transition and sustainable development goals in Taiwan.


Category          Standard           
Carbon       |      Gold Standard 

Orange Suvaan Solar Photovoltaic Power Project in Maharashtra

India

Solar Energy for India

M/s Orange SuvaanEnergy Private Limited (OSEPL) is constructing a solar energy project in the village of Mhasaleim district of Dhule, Maharasthra, with a capacity of 100 MW (50 x 2 phases).

The aim of the project activity is to generate electrical energy through the operation of a photovoltaic solar power plant. The total installed capacity of the project activity is 100 MW.

The objective of the Project Activity is the generation of electrical energy using solar energy through the operation of photovoltaic solar panels.

The electricity generated by the project will be exported to the Indian power grid. The Project Activity will therefore displace a corresponding amount of electricity that would otherwise have been generated by the dominant fossil fuel based electricity grid.



Category          Standard           
Carbon       |      Gold Standard 5928