Business Stream Backs Innovative Carbon Offsetting Venture in South America.
Edinburgh-based water retailer, Business Stream, a leading UK water retailer, has renewed its partnership with climate specialists Ecologi to further its carbon reduction efforts.
This year, the company is supporting the Macaúbas Landfill Gas Project in Minas Gerais, Brazil, which is among the first CCP-approved initiatives.
The project aims to reduce methane emissions and generate electricity from landfill gas, achieving a reduction of 102,580 tonnes of CO2 equivalent so far.
Business Stream’s £4,243 investment covers its 2023/24 emissions, aligning with its goal of reaching net zero by 2030.
Jo Dow, Chief Executive of Business Stream, said: “We have long been dedicated to reducing our carbon footprint and promoting sustainable practices within the water industry.
“Our latest partnership with Ecologi provides us with an opportunity to support environmental projects as we continue to drive down our own emissions.”
This investment comes after Business Stream last year contributed to two carefully selected projects with Ecologi: a nature-based project to protect the Mataven Forest in Colombia, and a community-based project to provide over 380,000 cookstoves in Kenya.
Sean Earp, Senior Key Account Executive at Ecologi said: “We are proud to be working with Business Stream to support them in the delivery of projects that contribute to the United Nations Sustainable Development Goals.
“This partnership is a great example of how businesses can take meaningful climate action. Not only is the company committed to improving its climate impact, but it also has a broader commitment towards achieving net zero.”
Ecologi, a leading UK climate platform, has enabled the planting of 83 million trees and prevented 3.2 million tonnes of CO2e emissions.
Business Stream’s sustainability efforts have been recognised with four awards at the 2024 International Corporate Responsibility Awards, highlighting its dedication to emissions reduction.
