Climate change is the greatest challenge facing humanity since the end of the Ice Age and is the defining task of our time. The consequences of global warming are becoming increasingly tangible and the pressure on politicians and companies is growing; not in the least due to the Fridays for Future movement. There is now a worldwide consensus that we urgently need to counteract man-made climate change.
The success of emission reductions depends to a large extent on the voluntary and consistent action of industry in industrialized countries. Monroe Fluid Technology has therefore decided to take responsibility for the world we leave to our children and grandchildren.
For this reason, with the help of the consultants of Fokus Zukunft GmbH, we have recorded all greenhouse gas emissions emitted by our company, and offset them by purchasing a total of 309 climate protection certificates for the years 2021 and 2022. With these certificates, we support 3 renewable energy projects in India, Peru, and Mauretania. The projects have been certified according to the Verified Carbon Standard; under the sovereignty of the United Nations through CER; through the Gold Standard.
We are aware of our special responsibility as a company towards future generations and have acted accordingly. The impact of our company on the climate has been determined for us by Fokus Zukunft GmbH & Co. KG: Our CO 2 footprint is 309 of CO 2 equivalents per year. On average, a person in the United States causes about 16.2 tons of CO 2 per year through his or her lifestyle.
Greenhouse gases are evenly distributed in the atmosphere. Therefore it makes sense to avoid emissions where the costs are lowest. In addition, projects in emerging and developing countries help to improve the economic, social and ecological situation and support the realization of the sustainability goals of the United Nations. For emerging and developing countries, emissions trading is a key driver for the transfer of clean technologies and sustainable economic development.
The report thus forms an important keystone in our commitment to climate protection. On the basis of the determined footprint the corresponding quantity of climate certificates have been purchased. For the compensation of our greenhouse gases we have received the designation of being a Climate Neutral company.
Learn more about our Sustainability Program.