MUNICH - CM-Equity AG, a Munich-based investment firm, has partnered with Karbon-X, a leader in carbon offsetting solutions, to achieve 100% carbon neutrality for its operations. The initiative includes offsetting direct and indirect emissions across CM-Equity AG's entire value chain, adhering to the Greenhouse Gas (GHG) Protocol Standards.
The comprehensive offsetting program covers Scope 1 emissions from fuels, Scope 2 emissions from electricity, and Scope 3 emissions, including transportation by air and other value chain emissions. CM-Equity AG's commitment to sustainability includes funding projects that are third-party certified and align with global sustainability goals, with all offsets verified by the Verra Standard to ensure transparency and accountability.
Michael Kott, CEO of CM-Equity AG, emphasized the importance of authentic action and transparent practices in making a positive environmental impact. The partnership with Karbon-X, in which CM-Equity AG also holds a strategic 6% stake, reflects the investment house's dedication to environmental responsibility and its role in promoting sustainable practices within the financial sector.
Karbon-X offers carbon offsetting solutions designed to help businesses and individuals mitigate their impact on climate change. The company's approach focuses on transparency, science-backed methods, and measurable impacts, enabling clients to meet their sustainability objectives while contributing to global environmental progress.
The collaboration between CM-Equity AG and Karbon-X is a testament to the growing trend of companies within the financial industry taking proactive steps towards environmental stewardship. This partnership is based on a press release statement and aims to set a standard for corporate responsibility and sustainable investment practices.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.