Energy experts from World Kinect Energy
Services to co-present a compelling case study on how to
incorporate the latest carbon offsets into your sustainability
strategy
NEWS SUMMARY
- World Kinect Energy Services (World Kinect) will be onsite at
COP27 in Sharm El Sheik, Egypt as part of a panel on the future of
carbon offsets
- World Kinect will be joined by international accreditation NGO,
Verra, and sustainable innovation developer, Okeanos® to
discuss innovative efforts to improve and restructure the mechanism
of voluntary carbon credits
- The panelists will discuss how their partnership has led to a
brand-new category of carbon offsets – and how collaboration like
this leads to further innovation
MIAMI, Nov. 10,
2022 /PRNewswire/ -- World Kinect Energy
Services (World Kinect) will be participating in a live panel
discussion on Friday, November 11 at
5:30PM EET as part of the events
taking place in and around the United Nations' Climate Change
Conference of the Parties (COP27) in
Egypt.
World Fuel Services' Chief Commercial Officer, Wade DeClaris, will facilitate a discussion that
highlights how collaboration can support innovation in the carbon
offset space.
From the Glasgow Breakthrough Room in the COP27 Innovation Zone, World Kinect Carbon
Advisor Peter Molin will join
experts from verification organization, Verra, and sustainable
innovation developer, Okeanos®, to share how our partnership is
expanding what is possible when it comes to the future of carbon
credits.
"The collaboration between Okeanos and World Kinect on a new
category of carbon offsets is the perfect example of how
forward-thinking the offset market is. While many elements of the
industry try to conform to existing standards, this partnership,
under the stewardship of Verra, encourages and fosters innovation
across the board," said Florencio Cuétara, founder of Okeanos.
As technologies and regulations continue to change, carbon
offsets have become a worthwhile option for any organization on the
path to net zero. With technology leading to innovative new
opportunities in the carbon offset space, verification is becoming
central to building credibility.
"Verra determines a robust and comprehensive set of rules and
requirements that all carbon projects certified under the Verified
Carbon Program must meet. These requirements cover a host of topics
including additionality, leakage, monitoring, reporting and
verification, and are developed through extensive stakeholder
consultation that incorporates the latest scientific findings and
best practices," said David
Antonioli, CEO of Verra. "Verra also reviews and approves
carbon accounting methodologies, which must go through multiple
rounds of review involving Verra staff, experts, the public, and
validation and verification bodies. It is a rigorous process which
ensures that credits from VCS projects are high-quality and deliver
real emission reductions or removals."
"We are thrilled to partner with Verra and Okeanos to share the
latest information on carbon offsets to help customers make
informed decisions," said Wade
DeClaris, Chief Commercial Officer, World Fuel Services, the
parent of World Kinect. "We'll be sharing how new technologies are
making certified carbon offsets easier and more impactful for
companies working to meet their net zero targets."
Join the panel and walk away with key insights into the future
of carbon credits:
- How carbon offsets are changing, including innovative new
technologies
- The true nature and unique benefits of carbon
offsets
- How to ensure carbon offsets are accredited and
verified
Not attending COP27? Join us
virtually via livestream at 5:30 pm
(EEST):
https://youtu..zbe/wQramxjj8nk
About World Kinect Energy Services
World Kinect Energy
Services is a division of World Fuel Services, a global energy
management company involved in providing energy procurement and
related services, as well as transaction and payment management
solutions to commercial and industrial customers, principally in
the aviation, marine and land transportation industries. World
Kinect Energy Services is trusted by customers around the world to
deliver reliable conventional and renewable fuels, lubricants,
electricity, natural gas, and sustainability solutions.
For more information, call 305-428-8000 or visit
www.world-kinect.com.
About Verra
Verra is a nonprofit organization that
operates the world's leading carbon crediting program, the Verified
Carbon Standard (VCS) Program, as well as other standards in
environmental and social markets. Verra is committed to helping
reduce greenhouse gas emissions, improve livelihoods, and protect
natural resources by working with the private and public sectors.
We support climate action and sustainable development with
standards, tools, and programs that credibly, transparently, and
robustly assess environmental and social impacts and enable funding
for sustaining and scaling up projects that verifiably deliver
these benefits.
About Okeanos
Okeanos is a sustainable innovation
company developing calcium carbonate (CaCO3) technologies to
immediately reduce plastic pollution. Patented Made From Stone
(MFS) technology replaces the majority of oil-based resin with
naturally abundant CaCO3 through source reduction, using technical
and specialized compounds to reduce plastic content and CO2 by up
to 70% today.
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SOURCE World Kinect Energy Services