Ostrom Climate Solutions Inc.
Climate Impact & Sustainability Data (2012, 2024)
Reporting Period: 2012
Environmental Metrics
Total Carbon Emissions:255 tCO2e/year
Scope 1 Emissions:95.3 tCO2e/year
Scope 2 Emissions:2.2 tCO2e/year
Scope 3 Emissions:157.5 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:8.5 tCO2e/employee in 2012
ESG Focus Areas
- Climate Change
Environmental Achievements
- Offsetters achieved carbon neutrality by purchasing 28 tonnes of verified carbon credits to offset 2012 emissions.
- Offsetters reduced air travel emissions by 5% from 2011 levels.
- Offsetters reduced building emissions (heating and electricity) by 7% since 2011.
Social Achievements
- Implemented office initiatives including contracted recycling and composting services, using environmentally conscious cleaning products, encouraging reusable containers, and utilizing web conferencing to reduce travel.
Governance Achievements
- Established a group of employees to oversee company environmental and emissions activities, meeting monthly to discuss energy saving strategies and office environmental improvements.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Reduce emissions to 173 tCO2e by 2020 (33% reduction from 2012 levels).
Short-term Goals:
- Reduce emissions by an average of 5% or 11 tonnes per year to reach 173 tCO2e by 2020.
Environmental Challenges
- High emissions from air travel, especially for ERA's international projects.
- Data limitations on waste disposal emissions.
Mitigation Strategies
- Purchasing carbon offsets to achieve carbon neutrality.
- Implementing initiatives to reduce air travel through web conferencing.
- Utilizing office waste composting to limit waste impacts.
- Moving to a new office closer to public transit to reduce employee commuting emissions.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Using refillable, environmentally conscious cleaning products from local vendors.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: The Greenhouse Gas Protocol
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- Developed 10+ million carbon credits
- Managed projects with Indigenous stakeholders
- 16+ million acres of forest projects for conservation & restoration
- 200+ million carbon credits generated over the life of 2 projects
Social Achievements
- Empowering 22,000 members of the local community in Ghana through job creation and agroforestry practices training
- Partnerships with Indigenous stakeholders incorporating carbon revenue to resource management and decision making
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Grow carbon revenue by developing high-quality climate-smart agriculture and forest-based carbon projects at scale
Environmental Challenges
- Media scrutiny exposing low-quality projects
- Ensuring high-quality carbon credits to reduce reputation risk
Mitigation Strategies
- Focus on high-quality project development
- Developing projects in tandem with large final emitter carbon buyers via long-term carbon supply agreements
- Developing projects in partnership with Indigenous stakeholders
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- RICE.OS technology application
Awards & Recognition
- Not disclosed