Offsetters Works With Dow to Develop International Carbon Offset Portfolio
February 25 2014 - 8:00AM
Marketwired
Offsetters Works With Dow to Develop International Carbon Offset
Portfolio
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 25, 2014) -
Offsetters Climate Solutions Inc. ("OCS" or the "Company")
(TSX-VENTURE:COO)(FRANKFURT:9EA) is pleased to report that it has
successfully retired a portfolio of 160,000 tonnes of carbon
offsets from a selection of high-quality international offset
projects on behalf of Dow Chemical Company.
Dow engaged Offsetters to offset the travel footprint of
spectators and media attendees prior to the Games. These carbon
credits come from a portfolio of high-quality projects developed to
international standards, recognized under the International Carbon
Offset and Reduction Alliance (ICROA) Code of Best Practice. All
offsets were retired upon delivery. The portfolio includes projects
from Russia, Brazil and South Korea, in addition to a project
implemented by Dow at one of its manufacturing facilities in the
United States.
For full coverage of DOW's sustainability activities related to
this offset portfolio, please visit:
http://www.businesswire.com/news/home/20140203006532/en/Sochi-2014%E2%80%99s-Direct-Carbon-Footprint-Mitigated-Opening#.Uv0TBvk7uM4
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.
Based in Vancouver, Canada, Offsetters has worked with over 150 of
the world's most prestigious organizations including Aimia,
Vancity, lululemon athletica, Catalyst Paper, Harbour Air, HSE -
Entega, and Shell Canada Limited. Offsetters is publicly listed
company on the Toronto Venture Exchange (TSX-VENTURE: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.
Offsetters Climate Solutions Inc.David
Rokoss778-945-0951david.rokoss@offsetters.caSuite 1000 - 675 West
Hastings StreetVancouver BC, V6B 1N2
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