Carbonza

  • Primary activity : RetailerCarbon offset retailers either fund or purchase carbon offsets in large quantities and then on sell them to individual consumers in smaller quantities. , BrokerA broker is an intermediary, who buys and sells carbon offsets on behalf of clients.    Price (per tonne CO2e) : AU$0 - AU$50+

    Summary

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

    "Carbonza's belief is that carbon offsetting is a necessary tool in addressing climate change. However offsetting should be viewed as a part of an overall strategy and only be used if significant commitment has been made towards measurement and reductions. Carbon offsetting can provide an immediate and positive action that is then backed up before or after exhaustive energy and waste reduction changes. Carbonza's role is to provide climate change strategies for our clients that include risk assessment, carbon foot printing, emission reduction and energy efficiencies along with verifiable carbon offset programs designed to position the client, engage the consumer meanwhile maintaining the client’s competitiveness."


    Detailed InformationClick on the tabs below for more information:

    Summary

    Role in the Carbon Offset Market
    [Q1]Retailer, Broker
    Main client base
    [Q3]Quest, Base Backpackers - Accor, Meriton, Choice Hotels

    Broker

    Broker Information

    Types of transactions in carbon credits offered
    [Q22]- Spot tradesThe purchase or sale of abatement (e.g. carbon offsets) for immediate delivery. Spot trades are settled "on the spot" (usually within one or two business days), as opposed to at a set date in the future. Futures transactions that expire in the current month are also considered spot trades. Spot trades are also known as "cash trades". Spot trades are the opposite of forward contracts.
    - ForwardsThe buyer invests the money upfront but does not get the credits until they are actually produced. These are long-term commitments that are predominantly done on a large scale. (Over The Counter)
    - Purchase for surrenderCarbon offsets are purchased and retired from the market by the offset provider.
    Standard brokerage fees determined by
    [Q23]- We have a minimum brokerage fee for our services
    - Our brokerage fees vary and are based on volume
    Indicative pricing
    [Q24]- 30% for 10 offsets
    - 25% for 100 offsets
    - 20% for 1,000 offsets
    - 15% for 10,000 offsets
    Minimum tonnage required per transaction?
    [Q25]- None
    Customer able to retire all or some of the offsets as part of your brokerage services
    [Q26]- On request for an extra fee
    Independent certification and/or third party documentation to prove the validity of all the different offsets that you provide available
    [Q27]- Automatically every time
    Documentation types made available to clients
    [Q28]- Product Disclosure Document as defined by ASIC
    - Validation Report – From the Relevant Standard
    - Certificate of RetirementIn the context of carbon offsets, this is the act of removing a carbon credit or permit from the market so that abatement cannot be traded any further. Retiring offsets helps to prevent the resale or reuse of offsets that have already been used. /Acquittal
    - Certificate of Transfer/Ownership

    Offset Products

    Offset Products

    Price(s) per tonne
    [Q17]AU$0 - AU$50+
    Project Type(s)
    [Q26]- Biomass
    Offers offsets packaged with other services? (such as footprinting, carbon neutrality etc)
    [Q10]Yes

    [Find out more about project types]

    Offset Quality

    Offset Quality

    Offsets generated and sold by Carbonza
    [Q33a]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here.
    Do you provide quality assurance or technical documentation on your web site or on request?
    [Q16]No
    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]- Yes, our own online calculator
    - Yes, personalised assessment
    Carbon calculation - methodology, standards or guidelines
    [Q13]- NGA FactorsThe National Greenhouse Accounts (NGA) Factors is an Australian guide to emission factors from a range of sectors that is used by companies to calculate greenhouse gases. It is prepared by the Department of Climate Change and replaces the AGO Factors & Methods Workbook. For more information, see here.
    - GHG ProtocolSee WRI / WBCSD GHG Protocol
    - ISO 14000ISO 14000 is a set of international standards, which provide a framework for the development of an environmental management system (EMS) and supporting audit programs. The ISO 14000 series are intended to help organisations comply with applicable laws, regulations and requirements and to continually improve on their environmental performance.
    - ISO 14064A global GHG accounting, reporting and verification standard. The goal of the standard is to 'provide a set of unambiguous and verifiable requirements or specifications to support organisations and proponents of GHG emissions reductions projects.'
    - EC3 Global's Greenglobe sustainability programs and certification
    - AAA Tourism Greenstar rating
    - NZ's Qualmark green rating
    To calculate customer emissions do you apply National Greenhouse Accounts Factors full fuel cycle emissions conversion factors?
    [Q14]- Yes
    In your calculation of customer emissions which of the 6 Kyoto Protocol greenhouse gases do you include?
    [Q15]- Carbon dioxideA greenhouse gas that is produced as a by-product of oil and gas production, burning fossil fuels and biomass, as well as from all animals, plants, and a number of other natural sources. Carbon dioxide is the principal anthropogenic greenhouse gas that affects the earth’s temperature.
    - MethaneMethane (CH4) is a greenhouse gas with a GWP of 21.
    - Nitrous oxideAgriculture accounts for the majority of nitrous oxide (N2O) emissions in Australia, The transport sector also contributes to emissions of N2O. N2O has a high global warming potential of about 310 times that of CO2.it breaks down very slowly – over about 120 years
    - HydrofluorocarbonsMajor releases of HFCs are from leakage from refrigeration equipment during operation and its end-of-life destruction. Minor releases arise from the use of HFC-containing aerosols, air conditioners and metered dose inhalers.HFCs have very high global warming potentials (140 to 11,700 times that of carbon dioxide).
    - PerfluorocarbonsMost emissions of PFCs in Australia are generated during aluminium production. PFCs have extremely high global warming potentials (5000 to 10,000 times that of carbon dioxide). However, because they are only released in relatively small amounts, their contribution to global warming is minor. Due to their stability they have very long atmospheric lifetimes (thousands of years).
    Other carbon management services
    [Q11]- Footprinting services
    - Advisory services
    - Gifts
    - Scoping customer emissions
    - Auditing
    - Emissions monitoring
    - GHG ProtocolSee WRI / WBCSD GHG Protocol ISO 14064A global GHG accounting, reporting and verification standard. The goal of the standard is to 'provide a set of unambiguous and verifiable requirements or specifications to support organisations and proponents of GHG emissions reductions projects.': greenhouse gas accounting and reporting methodology
    - Management of voluntary carbon offset programs for clients
    - Self managed online EMS for measurement and benchmarking of carbon emissions and environmental sustainability
    - Facilitation to Greenglobe Certification.


    [Find out more about carbon offsetting]

    Projects

    Project Information

    Biogas extraction from wastewater treatment | Biomass Voluntary Carbon Standard (VCS)

    General Information

    This project is not owned by Carbonza
    Price per tonne of CO2e
    [Q24]

    Volume dependent

    Project Type(s)
    [Q26]- Biomass
    Project Size (tonnes of CO2e)
    [Q29]97,000 conservative estimate per year - 797,000 conservative estimate for whole project

    Quality

    Accreditation or certification achieved 9 October 2009
    [Q33a]- Voluntary Carbon StandardThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here.
    Registry on which project is registered
    [Q36]- VCSThe VCS Program includes the standard (VCS 2007) and the Program Guidelines 2007. The VCS Program provides a new global standard and criteria for validating, measuring, and monitoring voluntary carbon offset projects. For more information, see here. Registry
    - Regi NZ
    - Markit Environmental Registry
    Process followed for retiring offsets from this project off the market
    [Q37]- We retire them (later) at regular time intervals on behalf of the customer
    Retirement of abatement verified to your client via
    [Q38] - Registry transaction screenshot view
    - Evidence of registry transaction (For example, personalised account, physical copy of transaction etc.)
    - Tax Receipt
    - Certificate (with individualised Serial Number/s of abatementA reduction in the amount or intensity of greenhouse gas emissions as a result of actions taken by a company or individual. to cross check at a later date)
    Ancillary or co-benefits of the project
    [Q39]- The project activity achieves better local air quality. Reduced risk of groundwater contamination. Also, the treated water is recycled for use in the plant, and is not released into any surface water body, thus promoting a better local environment. The involvement of local employees in the project activity help to enhance the skills of the labour in the region by training them in different technical areas. In addition, the close collaboration between external experts and local counterparts is expected to promote long-term sustainable partnerships, benefiting the local stakeholders.

    Contact Details

    Contact Details

    For more information please contact:

    Carbonza
    www.carbonza.com
    +61 (2) 8006 0861
    Level 3, 50 York St, Sydney NSW 2000 Australia
    Information Submitted by Carbonza on 9 October 2009