Bendigo Bank
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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, RetailerMain client base[Q3]Retail customers, Corporates and Local governmentOffset Products
Offset Products
Price(s) per tonne[Q17]AU$11 - AU$20Project Type(s)[Q26]- Afforestation / reforestation with multiple locally occurring species of vegetationProject Location(s)[Q27]- AustraliaOffers 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 forestryRelevant 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]- NoOther carbon management services[Q11]- Gifts
- Green Home and Personal Loans
[Find out more about carbon offsetting]Projects
Project Information
Natimuk | VIC

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 vegetationProject Location(s)[Q27, Q28]Australia | VICProject Size (tonnes of CO2e)[Q29]7,000 tonnes during the 30 year growth periodQuality
Date project started to generate verified emission reductions (VERs) / offset credits[Q31]- 1 Aug 2008Crediting period of the project (in years)[Q32]- 30 yearsAccreditation or certification achieved 9 October 2009[Q33a]- Non Accredited OffsetsRelevant 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 registryProcess followed for retiring offsets from this project off the market[Q37]- We retire them concurrently at the time of purchase on behalf of the customerRetirement 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

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 vegetationProject Location(s)[Q27, Q28]Australia | TASProject Size (tonnes of CO2e)[Q29]1,000 tonnes during the 30 year growth periodQuality
Date project started to generate verified emission reductions (VERs) / offset credits[Q31]- 1 Oct 2009Crediting period of the project (in years)[Q32]- 30 yearsAccreditation or certification achieved 9 October 2009[Q33a]- Non Accredited OffsetsRelevant third party verification (not accreditation / certification)[Q35]- Non-accredited forestry offsets
Registry on which project is registered[Q36]- Internal registryProcess followed for retiring offsets from this project off the market[Q37]- We retire them concurrently at the time of purchase on behalf of the customerRetirement 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

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 vegetationProject Location(s)[Q27, Q28]Australia | VICProject 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 2007Crediting period of the project (in years)[Q32]- 99 yearsAccreditation or certification achieved 9 October 2009[Q33a]- Non Accredited OffsetsRelevant third party verification (not accreditation / certification)[Q35]- Non-accredited forestry offsets
Registry on which project is registered[Q36]- Internal registryProcess followed for retiring offsets from this project off the market[Q37]- We retire them concurrently at the time of purchase on behalf of the customerRetirement 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.Information Submitted by Bendigo Bank on 9 October 2009




