Element Markets announced today the retirement of carbon offsets on behalf of two Company initiatives; one representing the offsetting of Element’s 2020 carbon footprint, and the second on behalf of the Company’s Earth Month 2021 social media campaign, which was held mid-March through April of this year. Element Markets measures and neutralizes the emissions associated with its operations each year as part of its commitment to sustainability. With urgency for scalable climate solutions intensifying, Earth Month 2021 presented an opportunity for the Company to increase its impact with a dedicated campaign supporting an additional offset commitment. As detailed on the Company’s LinkedIn page, for each new follower during the Earth Month campaign, Element Markets would retire one tonne of verified carbon offsets. Retirements were registered through Verra or the American Carbon Registry and were generated from hydropower projects in both Turkey and Brazil, a wind project in China, and a forestry project and landfill project in the U.S.
“At Element Markets, we are committed to leadership in sustainability, and appreciate everyone who helped make a positive climate impact through our Earth Month campaign,” remarked Randy Lack, Founder and Co-President of Element Markets. “The offset projects we engage with are reducing greenhouse gas emissions, contributing to cleaner air and water, protecting ecosystems, and stimulating local economies. We’re proud to be able to not only invest in these projects through our own offset retirements but to be able to integrate them into the options we offer clients seeking ways to take meaningful action on climate.”
About Element Markets
Element Markets is a leading renewable natural gas marketing and environmental commodities company that applies its diverse expertise to provide structured environmental compliance and optimization services to corporate and institutional clients. The company has a successful track record within the renewable natural gas, low carbon fuels, emissions, carbon, and renewable energy credit markets. Founded in 2005, Element Markets LLC is headquartered in Houston, Texas, and is majority-owned by The Rise Fund, TPG’s global impact investing fund.