Bendigo Bank

  • Primary activity : Project developerThe person or organisation that set up an offset generating project for the purpose of selling carbon offsets and reducing greenhouse gas emissions. , RetailerCarbon offset retailers either fund or purchase carbon offsets in large quantities and then on sell them to individual consumers in smaller quantities.    Price (per tonne CO2e) : AU$11 - AU$20

    Summary

    Bendigo Bank's view on the role of carbon offsets in addressing climate change

    "Carbon Offsets allow customers to take responsibility for the emissions that they cause or those that they are unable to avoid through other means. Carbon Offsets are one solution in the Generation Green suite which includes green home loans and green personal loans. Green loans encourage customers to reduce their impact on the environment through using less energy and water in their home or vehicle. "


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Project developer, Retailer
    Main client base
    [Q3]Retail customers, Corporates and Local government

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$11 - AU$20
    Project Type(s)
    [Q26]- Afforestation / reforestation with multiple locally occurring species of vegetation
    Project Location(s)
    [Q27]- Australia
    Offers offsets packaged with other services? (such as footprinting, carbon neutrality etc)
    [Q10]No

    [Find out more about project types]

    Offset Quality

    Offset Quality

    Offsets generated and sold by Bendigo Bank
    [Q33a]- Non-accredited forestry
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Non-accredited forestry offsets

    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]

    http://www.bendigobank.com.au/public/generationgreen

    Is this organisation third party independently audited for the retirement of offsets and / or RECs?
    No

    [Find out more about issues relating to offsetting]
    [Find out more about Certification Standards]

    Resources

    Resources

    Do you provide a carbon footprint calculation service for your customers?
    [Q12]- No
    Other carbon management services
    [Q11]- Gifts
    - Green Home and Personal Loans

    [Find out more about carbon offsetting]

    Projects

    Project Information

    Natimuk | VIC Australia Afforestation / reforestation with multiple locally occurring species of vegetation Non-accredited offsets

    General Information

    [Q22, Q25]

    Own Project | Native vegeation re establishment in Victorias most endangered EVC


    Price per tonne of CO2e
    [Q24]

    $15

    Project Type(s)
    [Q26]- Afforestation / reforestation with multiple locally occurring species of vegetation
    Project Location(s)
    [Q27, Q28]Australia | VIC
    Project Size (tonnes of CO2e)
    [Q29]7,000 tonnes during the 30 year growth period

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Aug 2008
    Crediting period of the project (in years)
    [Q32]- 30 years
    Accreditation or certification achieved 9 October 2009
    [Q33a]- Non Accredited Offsets
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Greenhouse friendlySee AGO GF'Australian Greenhouse Office Greenhouse Friendly' Abatement Program was launched in 2001 and now forms part of the Australian Government's Greenhouse Challenge Plus programme. It provides businesses and consumers with the opportunity to sell and purchase greenhouse neutral products and services and broaden the basis for investment in additional greenhouse gas abatement. For more information, see here. methodology applied by accredited assesor

    Registry on which project is registered
    [Q36]- internal registry
    Process followed for retiring offsets from this project off the market
    [Q37]- We retire them concurrently at the time of purchase on behalf of the customer
    Retirement of abatement verified to your client via
    [Q38] - Tax Receipt
    - Certificate (with amount of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. purchased)
    Ancillary or co-benefits of the project
    [Q39]- Conservation and biodiversity outcomes

    Reforestation - Central Tasmainia | TAS Australia Afforestation / reforestation with multiple locally occurring species of vegetation Non-accredited offsets

    General Information

    [Q22, Q25]

    Own Project | Native vegeation re-establishment in Tasmania's most endangered EVC


    Price per tonne of CO2e
    [Q24]

    AU$15

    Project Type(s)
    [Q26]- Afforestation / reforestation with multiple locally occurring species of vegetation
    Project Location(s)
    [Q27, Q28]Australia | TAS
    Project Size (tonnes of CO2e)
    [Q29]1,000 tonnes during the 30 year growth period

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Oct 2009
    Crediting period of the project (in years)
    [Q32]- 30 years
    Accreditation or certification achieved 9 October 2009
    [Q33a]- Non Accredited Offsets
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Non-accredited forestry offsets

    Registry on which project is registered
    [Q36]- Internal registry
    Process followed for retiring offsets from this project off the market
    [Q37]- We retire them concurrently at the time of purchase on behalf of the customer
    Retirement of abatement verified to your client via
    [Q38] - Tax Receipt
    - Certificate (with amount of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. purchased)
    Ancillary or co-benefits of the project
    [Q39]- Habitat restoration; water quality improvements

    Macedon Ranges | VIC Australia Afforestation / reforestation with multiple locally occurring species of vegetation Non-accredited offsets

    General Information

    [Q22, Q25]

    Own Project | The project seeks to reinstate as far as possible the pre 1750 Ecological Vegetation Class (EVC) as determined by the Department of Sustainability and Environment, using local provenance seed. The project uses a mixture of establishment techniques, including tubestock planting and direct seeding. The carbon on the project site is secured through the use of a private forestry agreement. This project site is approximately 70 hectares in size. Carbon is calculated ex-ante, and will be sequestered over the lifetime of the project.


    Price per tonne of CO2e
    [Q24]

    AU$11

    Project Type(s)
    [Q26]- Afforestation / reforestation with multiple locally occurring species of vegetation
    Project Location(s)
    [Q27, Q28]Australia | VIC
    Project Size (tonnes of CO2e)
    [Q29]Approximately 20,000 over the lifetime of the project.

    Quality

    Date project started to generate verified emission reductions (VERs) / offset credits
    [Q31]- 1 Jan 2007
    Crediting period of the project (in years)
    [Q32]- 99 years
    Accreditation or certification achieved 9 October 2009
    [Q33a]- Non Accredited Offsets
    Relevant third party verification (not accreditation / certification)
    [Q35]

    - Non-accredited forestry offsets

    Registry on which project is registered
    [Q36]- Internal registry
    Process followed for retiring offsets from this project off the market
    [Q37]- We retire them concurrently at the time of purchase on behalf of the customer
    Retirement of abatement verified to your client via
    [Q38] - Tax Receipt
    - Certificate (with amount of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. purchased)
    Ancillary or co-benefits of the project
    [Q39]- The project offers significant co-benefits including the provision of biodiversity, and water quality services, reduced erosion (the site had several areas of active erosion prior to project implementation). The project also offers significant land systems benefits, reducing water infiltration in a high salinity recharge area.

    Contact Details

    Contact Details

    For more information please contact:

    Bendigo Bank
    www.bendigobank.com.au/generationgreen
    1300 304 541
    Customers can purchase Carbon Offsets from any Bendigo Bank branch across Australia.