carbon neutral leasing with carbonzer0
Sustainability has become a differentiating factor in the market. Thanks to carbonZER0, the production, transportation, use phase, and end-of-life phase of your Equigroup financed IT assets can now be carbon-neutral.
Company PCs, smartphones, and servers generate tonnes of greenhouse gas emissions, with the bulk of these CO₂ emissions generated during production. For more than 30 years, Equigroup has offered end-of-life services based on the professional refurbishing and sustainable reuse of used IT devices, in line with the principles of the circular economy. We are now taking this a step further by enabling our customers to offset the CO₂ generated in the production, transportation, use phase, and end-of-life scenarios of their leased IT assets with carbonZER0.
CLIMATE-NEUTRAL FINANCING OF IT ASSETS WITH CARBONZER0
Alongside measures to avoid and reduce CO₂ emissions, offsetting is an important step that allows companies to operate in a more sustainable manner and to make a positive contribution toward climate change mitigation. Thanks to carbonZER0, our new financing upgrade, our customers can pay to offset the entire CO₂ emissions of their IT assets. This financing option is available for all end-user IT equipment, with the money generated used to finance certified projects aimed at combating climate change. The monthly lease instalment increases only marginally. For example, the cost of making a smartphone carbon-neutral is just a few cents.
CALCULATING CO₂ EMISSIONS
Using the carbonZER0 financing upgrade requires no additional time or effort on the part of our customers. They enjoy the benefits of a complete package that takes care of everything from selecting and managing the climate change mitigation projects to providing recognised emissions certificates and calculating CO₂ emissions using a certified methodology that follows the Greenhouse Gas Protocol. The calculation takes into account production, transportation, and the electricity consumed during the use phase and end-of-life scenarios of the IT assets.
OFFSETTING CO₂ EMISSIONS
Once the calculation has been completed, the greenhouse gases generated are offset. This can be done in a variety of ways, either by purchasing certificates on voluntary carbon markets or by investing directly in climate change mitigation projects. Selecting and regularly auditing these is an important step. Through carbonZER0, Equigroup is supporting internationally recognised and certified climate change mitigation projects. All of these projects ensure sustainable development at the economic, social, and environmental level. In return, the customer receives a certificate as proof of the CO₂ emissions saved. This guarantees that the savings will only be used to offset CO₂ emissions once; the related certificates are subsequently retired in the official registers. Both the certificate and the information on which assets are carbon-neutral can be viewed digitally in Equigroup’s lease management platform, TheAssetAdvantage® – simple, transparent, and straightforward.
CLIMATE CHANGE MITIGATION IS A MUST
Customers and investors have long been demanding sustainable solutions, and what might once have been an afterthought, such as climate-neutral business practices or green IT, is now often crucial to the success of a business. Environmental protection has become a corporate objective, and sustainable procurement a moral obligation. Sustainability and combating climate change have become a must for companies – from an environmental, social, and commercial perspective. carbonZER0 allows our customers to not only enhance their image through carbon-neutral IT financing but also to make a truly positive and transparent contribution to their environmental footprint.
Customers opting for carbonZER0 are supporting the building of wells for clean drinking water in eastern Sierra Leone. The new wells ensure that water no longer needs to be boiled, thus eliminating the generation of greenhouse gases. In India, micro-credits are made available to families to purchase efficient ovens and solar-powered lighting. In Chile, our customers’ carbon offset payments are funding two wind farms. This project alone is saving just under 200,000 tonnes of CO₂ on average every year.
Our climate change mitigation projects ensure sustainable development at the economic, social, and environmental level in the respective countries in line with the UN’s 17 sustainable development goals. To prove that criteria are being met, the projects are checked and certified according to the Gold Standard VER. This ensures – and regularly confirms – that the projects are effective in combating climate change.