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Achieving climate neutrality

As we work to reduce our Greenhouse Gas (GHG) emissions, we recognize the importance of supporting projects which contribute to meeting global climate goals. In 2021 Westwing calculated and offset the group-wide GHG emissions of its own operations. Carbon offsetting is a widely adopted tool that compensates for the release of carbon emissions through investments in climate projects, such as wind farms or tree planting. These projects capture the equivalent emissions while improving livelihoods and the environment in many locations across the world. In our case, we worked closely with ClimatePartner, a third-party company providing support in carbon accounting and management, to offset our direct emissions from our day-to-day operations, such as energy use, and indirect emissions from our electricity use, business travel, commuting, teleworking, as well as fuel use in our supply chain.

ClimatePartner helped us to identify verified projects in places linked to our own operations and those of our suppliers. We carefully selected projects that focused on promoting renewable energy sources and preserving or renewing forests. One of the Gold Standard certified climate projects is a wind farm in Sidrap, Indonesia. Gold Standard is a certification mark of the non-profit Gold Standard Foundation and ensures that carbon credits are real, verifiable and that these projects make a measurable contribution to sustainable development. Our investment supports wind farm operation and maintenance, which contributes to increasing the share of renewables in Indonesia’s energy mix, while reducing its dependence on electricity imports.

You can read more details on the projects in our offset portfolio here

Did you know how wind energy helps fight global warming?

Since wind energy is created without burning fossil fuels, it is considered emission-free. The growth of renewable energy production is essential to limiting global warming and securing energy supplies for the future. The amount of emissions saved by a wind power project is calculated using the baseline method - the amount of CO2 that would be released when generating the same amount of energy using standard energy production methods in the region.

Source: https://www.climatepartner.com

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