Climate protection projects
By purchasing CO2 credits, we support carbon offset projects around the world, ensuring carbon offsetting for customers using our carbon neutral GoGreen products and services.
In order to offset emissions for our customers, we set high standards and select projects based on their environmental and local community benefits. This means that the climate-neutral GoGreen Service does not just offset emissions. Together with our customers we also make a contribution to promoting the economy in less developed countries and improving the lives of local people.
We consider VER credits the carbon credits fitting best with our own rigid requirements. In consequence, Deutsche Post DHL Group strives for VER type credits complying with the "Goldstandard". Projects eligible for GoGreen Climate Neutral shall be verified accordingly.
Projects with additional certifications are welcome as an alternative, should a sufficient supply of VER GS not be available. Projects following the Verra VCS or Goldstandard CDM standard can be selected as equivalent standards and can be found as part of the project portfolio occasionally.
This summary of the Carbon Credits Standard Guideline gives a little insights into our priorities and minimum criteria in the selection of Carbon Credits on the market:
Quality criteria for carbon credits
Carbon Credit Standards can be evaluated based on the goal to achieve credible and reliable standards providing long lasting positive impact on environment and social aspects.
Minimum criteria for high credibility include:
High quality standards have a defined methodology for monitoring and validation, and the process is conducted by an unbiased body which is not directly related to the project.
Carbon credits emitted by projects of a certain standard must be published. Project registries showing eligible projects as well as the carbon credits (with unique serial numbers and issuance years) are the preferred choice here. In order to avoid double counting, the party representing the standard shall have transparency and regulated methodologies in accounting. This includes a transparent tracking system for reduced emissions. Offset emissions shall only be claimed by a buyer and not by a seller.
The reduced carbon emission shall be permanent without reverse effect. Due to the high risk of non-permanence because of natural disasters, illegal logging and unsuccessful bedding we refrain from using reforestation projects as a means of offsetting.
The project must reduce or remove greenhouse gas emissions from the atmosphere and exist due to the presence of carbon markets and funds provided by selling certified carbon credits.
Deutsche Post DHL Group is committed to the United Nations' Sustainable Development Goals. Hence it is relevant and beneficial for the Group that the purchased carbon credits tackle social and economic issues in addition to climate change topics.
Leakage assessment shall be mitigated through leakage contracts prohibiting shifting environmental harmful activities to different locations or creating incentives to maintain emission reduction in the community. If mitigation is not possible, the carbon emission created by leakage effects are deducted from the carbon credits emitted by the project.
All the aforementioned criteria are tedious to check on a project to project level. That is why Deutsche Post DHL Group is relying on international carbon credit certification schemes such as the international "Gold Standard". This is one of the major carbon credit programs. It has a high level of credibility based on the methodology taken in accounting and assessment of the projects. To read a detailed methodology procedures established by Gold Standard, please refer to the official website of "Gold Standard" here.
Of course projects certified by one or more additional standards at the same time are most welcome.
Additionally to credibility criteria, we have certain preferences in selecting projects for the portfolio based on type of projects, size, region, and vintage:
Renewable energy projects promote a shift from fossil fuels to green energy through hydropower, wind power, solar panels or biomass projects. The promotion of renewable energy creates a transition from fossil fuels, which stimulates long-term reduction of CO2 emissions and a climate-friendly economy by lowering prices for renewable energy. This positively affects the Groups goal to increase its share of green electricity.
Often, the projects are established in rural areas, positively affecting local employment and energy supply. This also leads to social benefits, one of the pillars of sustainable development.
Focusing on the efficiency of capturing emissions during biological processes regarding organic waste. Instead of releasing the byproducts of degradation into the atmosphere, they are contained and used to produce energy. Thus, waste disposal projects do not only reduce the emission of greenhouse gases but also produce renewable energy.
Distributing cleaner-burning stoves or water purification devices to reduce or eliminate the need to burn wood. In addition to the environmental benefits of emission reduction, eliminating the need to collect vast amounts of wood on a daily basis also brings social benefits by improving the quality of life of local people. These projects are usually rather small, but have a massive effect on a local scale, changing the daily routines of the people using the devices.
Deutsche Post DHL Group is the primary sponsor of the Save80 project in Lesotho, making this project a cornerstone of the GoGreen offsetting activities.
As small projects tend to have a greater positive impact on the local society, we prefer the purchasing of small scale projects. However, large scale projects are eligible for the portfolio, as our demand is usually too high to be settled with microscale projects alone.
Overall, a diverse project and location portfolio is paramount. In accordance to the Kyoto Protocol, we try to concentrate our purchasing activities on areas where they can show the most positive side effects. In consequence, we do not buy certificates from projects located in highly developed countries. In particular, no credits shall be obtained from projects located in the EU, Northern America and Australia. Instead, the developing countries in Asia, Africa and Central- and South-America shall be preferred. Among these, countries ranking higher in the list of poor countries according to IMF or World Bank should be preferred.
Carbon credits are emitted on a yearly basis. The year of issuance is called the "vintage" of the credit. Younger vintages are preferred over older ones as they are a more appropriate reflection of the current state of the art regarding both regulations and technology. In consequence, we try to avoid very old vintages (5 years or older).
GoGreen project portfolio
For GoGreen we currently support a diverse mix of projects that reflect our quality standards. With our GoGreen program, we support high-quality climate protection projects worldwide to offset emissions.
Efficient stoves in Lesotho
In Lesotho in southern Africa, we have even implemented our own climate project for our GoGreen customers. Together with partners, we are equipping households with efficient Save80 stoves that save up to 80 percent on firewood. This not only reduces greenhouse gas emissions. In fact, people are no longer exposed to harmful smoke when cooking, deforestation and the soil erosion it causes are also reduced - and people can use the time they otherwise spend collecting firewood more profitably.
The project was financed entirely by Deutsche Post DHL Group and implemented in cooperation with the non-profit climate protection organization atmosfair and the local partner SolarLights. Our joint project was awarded the national Energy Globe Award for Lesotho in 2018.
All GoGreen calculations and emissions compensation activities are verified annually by the independent auditing company Société Générale de Surveillance (SGS) in accordance with the Greenhouse Gas Protocol Product Lifecycle Accounting and Reporting product standard.