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COO Ostrom Climate Solutions Inc

0.05
0.00 (0.00%)
30 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ostrom Climate Solutions Inc TSXV:COO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.045 0.05 0 00:00:00

Offsetters Helps Vancity Credit Union Achieve Carbon Neutrality for 5th Consecutive Year

05/11/2013 1:30pm

Marketwired Canada


Offsetters Climate Solutions Inc. ("OCS" or the "Company") (TSX
VENTURE:COO)(FRANKFURT:9EA) congratulates Vancity, Canada's largest community
credit union - with over $17 billion in assets and close to 500,000
member-owners - on achieving their environmental sustainability goals for 2012.
Offsetters is pleased to have been selected as the provider of choice for high
quality carbon offsets to help Vancity meet their goal of carbon neutrality for
the 5th consecutive year.


Vancity has been a leader in enhancing the environmental sustainability of its
operations through energy efficiency, recycling, and the use of green building
materials in their facilities. Every year, Vancity measures their footprint and
then reduces their greenhouse gas emissions to the greatest extent possible. For
the remaining emissions which cannot be reduced at source, they choose to offset
these through the use of carbon offsets. In addition to being carbon neutral
since 2007, Vancity has saved in excess of $2 million in energy costs since
committing to reducing energy use and emissions from their buildings. 


For their 2012 unavoidable emissions, Offsetters partnered with Vancity to
supply a total of 5,296 tonnes of offsets. 2,913 tonnes originate from the Great
Bear Forest Carbon Project that generates emissions reductions through the
protection of coastal rainforest areas that were previously designated or
approved for commercial logging. The remaining tonnes come from the Nanaimo
Landfill Gas Capture and Utilization project, which captures methane (which
previously flowed freely into the atmosphere and has the global warming
potential of over 20 times that of carbon dioxide) to either flare, or to
produce electricity. Additional information about Vancity's carbon offset
criteria can be found here:
https://www.vancity.com/AboutVancity/VisionAndValues/ValuesBasedBanking/EnvironmentalSustainability/VancityIsCarbonNeutral/TheJourneyToZero/CarbonOffsets/.


"It is a pleasure to continue working with a leader like Vancity. They have
fully embraced the triple bottom line approach to business, proving that being a
sustainable and engaged corporate citizen is both socially and financially
rewarding, commented Dr. James Tansey, CEO of Offsetters.


James Tansey, Ph.D., President and CEO 

Offsetters Climate Solutions Inc.

About Offsetters Climate Solutions Inc.

Offsetters is Canada's largest and most diversified carbon management solutions
company. Its team of industry leaders specializes in the origination,
development and commercialization of high-quality carbon offset projects, and
through a comprehensive offering of sustainability consultancy services
Offsetters helps organizations understand, reduce and offset their climate
impact. A merger of ERA Carbon Offsets and Offsetters, Offsetters is based in
Vancouver, Canada and has worked with over 150 of the world's most prestigious
organizations including Aimia, Vancity, lululemon athletica, Catalyst Paper,
Harbour Air, and HSE - Entega. Offsetters is publicly listed company on the
Toronto Venture Exchange (TSX V:COO) and in Frankfurt:9EA. For more information,
please visit us at www.offsetters.ca. 


FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of forest-based
carbon offsets. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although Offsetters Climate
Solutions Inc. believes that their expectations reflected in these forward
looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements include
fluctuations in the marketplace for the sale of carbon credits, the inability to
implement corporate strategies, the ability to obtain financing and other risks
disclosed in our filings made with Canadian Securities Regulators.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Offsetters Climate Solutions Inc.
David Rokoss
778-945-0951
david.rokoss@offsetters.ca
www.offsetters.ca

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