01/03/24
Greetings from the Climate Team! As our climate initiatives grow at ECOM, we would like to share our main updates with you.
Key objectives of the Climate Team
- - Achieve net-zero emissions across our value chain by 2050
- - Develop climate focused programs within our value chain for ECOM and our clients
- - Develop high quality carbon credit projects
Climate update - February 2024
What's ahead in 2024? In our first climate update, we bring you a snapshot of ongoing and future initiatives:
- - Development of the Commodity Carbon Calculators
- - Insights on carbon insetting projects
- - Explore high-quality carbon credit project examples
- - Upcoming 'Exchange on Sustainable Solutions' on March 19th
Development of Commodity Carbon Calculators
- - The climate team developed calculators to quantify carbon impact of coffee, cocoa, and cotton at farm level to target key interventions and track progress.
- - This tool will provide an emission factor per commodity per country, allowing emissions breakdown into categories and archetypes.
- - After the pilot phase and a third-party review, the calculators will be available together with an online presentation by the beginning of May 2024.
Carbon insetting
- - There is a growing customer demand for farm-level projects addressing climate change impacts.
- - Together with R&D, the climate team calculated direct Land Use Change (dLUC) emission factors for most cocoa and coffee origins for base year 2022.
- - Protocol development for Agroforestry and Soil Organic Carbon (SOC) monitoring on track for on-the-ground use by the end of April 2024.
High-quality carbon credit projects
Interested in developing projects outside of our farm boundaries or within farming communities?
- - Project examples: Biochar, fuel efficient cookstoves, afforestation/reforestation or REDD+.
- - We recently hosted an ECOM internal 'Carbon Credits
- - Projects and the Voluntary Carbon Market' webinar on the 25th of Jan. Interested in the recording or the slides?
Need resources on our climate strategy or interested in developing a climate project?
Reach out to us at: climate@ecomtrading.com
Join the conversation!
The ECOM Climate team hosts quarterly calls with SMS managers to learn about sustainable practices and innovative projects implemented on the ground. The next exchange will happen on March 19th.
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- Share your ideas in this google form
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- Reach out to us to explore insights from our October 'Exchange on Sustainable Solutions across coffee and cocoa'
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