We started by calculating the carbon dioxide emissions for 450 guests riding in a car going a distance of 21 km.
Every 1 km car ride emits 252.5 grams of CO2, and if we do the math, that's 2.63 tons for 450 people!
Corporate ESG management is becoming a significant matter as the seriousness of climate change is easily noticeable. According to the Paris Agreement, which was signed at the 26th General Assembly of the United Nations Framework Convention on Climate Change (UNFCCC), countries are to reduce greenhouse gas emissions by up to 30% by 2030.
A carbon credit is a tradable certificate that gives the right to emit a ton of carbon dioxide or an equivalent of another greenhouse gas. Compared to global companies based in the EU and US, Korean enterprises’ purchase rate of voluntary carbon credits is significantly lower.
MarinaChain is the new go-to consultant for enterprises to purchase voluntary carbon credits and also receive ESG-related advice.
Our carbon credits are sourced from Climate Impact X, a global marketplace and exchange for quality carbon credits based in Singapore.