Sasol Invites Interested Parties for the Development of Carbon Offset Projects

Source: www.gulfoilandgas.com 10/28/2020, Location: Africa

In an effort to realize its ambition towards meeting the Paris Agreement goals, Sasol is placing a request to the market to collaborate with experienced carbon offset project developers. The aim to determine the ability of the South African market and South African Development Community (SADC) to generate and make available carbon credits.

Sasol is committed to reducing its operational greenhouse gas emissions profile through various mitigation activities. Our strategic choices and updated strategy, we term Future Sasol, informs our path to ensuring Sasol remains sustainable in the long-term and in a carbon-constrained future. For us to be successful, more partnerships across our value chain are needed.

Carbon offsets and carbon markets are recognised under Article 6 of the Paris Agreement as a critical tool to reach climate ambitions when pursued once every effort has been made to first avoid and reduce direct emissions. These projects are beneficial not only from a greenhouse gas reduction perspective, but also from a socio-economic one as they bring multiple sustainability co-benefits to the communities and areas in which they are located.

To progress our climate change ambitions, Sasol is inviting interested parties to participate in a Request for Information (RFI) for the development and implementation of carbon offset projects based in the South African and SADC regions.

The closing date for parties to express their interest in writing using carbon.offsetsprojects@sasol.com is Friday, 13 November 2020. The RFI will then be published on Sasol’s Ariba platform the following week.

Sasol wants to identify partners that are involved in carbon offset projects at any stage of the development process in the specified regions. Projects must focus on generating emission reductions in sectors that would otherwise not have been incentivised to do so; for example, in domestic energy efficiency, waste and Agriculture, Forestry and Other Land Use (AFOLU) sectors.


South Africa >>  6/23/2022 - Ambri, provider of long-duration energy storage, announced that Earth & Wire, South Africa's independent renewable energy retail brand, placed an orde...
Bahrain >>  6/21/2022 - The meeting between Eni CEO Claudio Descalzi and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Prime Minister of Bahrain, was held today ...

United Kingdom >>  6/21/2022 - Ørsted, the world’s most sustainable energy company, is partnering with Lincolnshire and Yorkshire Wildlife Trusts to help restore the biodiversity ar...
South Korea >>  6/20/2022 - Neste, Covestro and South Korean petrochemical company SK geo centric are cooperating to enable the production of a major polyurethane raw material ba...

United Kingdom >>  6/17/2022 - Inaccess and Power Factors combine and form the largest and most comprehensive provider of digital tools needed to effectively manage large portfolios...
United States >>  6/17/2022 - Nodal Exchange announced the successful listing of new environmental products including several first-of-their-kind futures contracts in voluntary car...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.