SOURCE: Offsetters Climate Solutions Inc.

Offsetters Climate Solutions Inc.

March 10, 2015 15:00 ET

Offsetters Climate Solutions Continues Collaboration With CDP as an Official Canadian Consultancy Partner

VANCOUVER, BC--(Marketwired - March 10, 2015) - The partnership between Offsetters Climate Solutions (TSX VENTURE: COO) (FRANKFURT: 9EA) and CDP -- an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information -- continues into its second year as Offsetters remains a CDP Canadian Consultancy Partner.

CDP is significantly extending their global impact across every major economy, with their programs being used in more than 80 countries around the world. The partnership allows Offsetters the opportunity to provide added value to their clients through CDP's international measurement and guidance. This partnership builds upon Offsetters' strength of helping clients to understand and manage their environmental, reputational, and financial risk related to their carbon footprint. 

"CDP is proud to have Offsetters as a Canadian consultancy partner to support the growth in the Canadian market towards more accountable measuring and transparent reporting," says Paul Robins, head of partnerships for CDP. "Offsetters is a leader in carbon management and this partnership reflects their leadership and the strength of their team."

Since the partnership with CDP was formed, Offsetters has been working with a number of Canadian companies to improve their environmental reporting and to develop carbon management policies. Most of the country's largest companies still have work to do. A 2014 report by CDP found that of 200 TSX companies surveyed, less than 44 per cent have set emission reduction targets of any kind, compared to 80 per cent of the world's largest 500 companies. Offsetters anticipates that there will be a lot of interest from Canadian companies striving to meet international carbon reporting and standards.

"CDP has been helping the world's largest companies to monitor their environmental impact, but unfortunately Canada isn't leading the way," says Offsetters CEO James Tansey. "Some of the largest Canadian companies still need to examine their role in the production -- and eventual reduction -- of carbon emissions. Our goal in 2015 and through this partnership is to increase the overall percentage of Canadian companies that have carbon reduction plans by showing them how these efforts can improve their bottom line."

The Offsetters team of industry leaders offers a comprehensive suite of sustainability consultancy services and is proud to also specialize in the origination, development and commercialization of high-quality carbon offset projects. Based in Vancouver, Canada, Offsetters has worked with more than 150 of the world's most prestigious organizations and has reported to CDP on behalf of organizations such as, Aimia, the Canadian Olympic Committee and Nature's Path. 

CDP believes that systemic change -- a real transformation of the global economic system -- is required to achieve the scale of change that will limit global warming and prevent catastrophic climate change. This partnership and collaborative approach fosters innovative thinking to support the needed change.

For more information, visit www.offsetters.com.

About CDP
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 822 institutional investors with assets of US$95 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdp.net or follow us @CDP to find out more.

About Offsetters Climate Solutions
Offsetters Climate Solutions is North America's leading carbon management solutions provider. Founded in 2005, the company helps organizations and individuals understand, reduce, and offset their climate impact. Offsetters was the first official supplier of carbon offsets in the history of the Olympic movement (Vancouver 2010 Olympic and Paralympic Winter Games). Its team of industry leaders specializes in the origination, development and commercialization of high-quality carbon offset projects and is proud to also provide clients with a comprehensive offering of sustainability consultancy services. Based in Vancouver, Canada, Offsetters has worked with over 150 of the world's most prestigious organizations including Aimia and lululemon athletica. For more information, please visit www.offsetters.ca.

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