To realise its commitment towards meeting the Paris Agreement goals, Sasol is calling for expression of interest by experienced carbon offset project developers to determine the ability of the South African market and South African Development Community (SADC) to generate and make carbon credits available.
Carbon offsets and carbon markets are recognised under Article 6 of the Paris Agreement as a critical tool to reach climate ambitions when pursued once every effort has been made to avoid and reduce direct emissions.
Sasol describes the projects as “beneficial not only from a greenhouse gas reduction perspective, but also from a socio-economic one as they bring multiple sustainability co-benefits to the communities and areas in which they are located.”
The company wants to identify partners that are involved in carbon offset projects at any stage of the development process in the specified regions with projects focusing on generating emission reductions in sectors that would not have been incentivised to do so.
The call for expression of interest closes on Friday, 13th November 2020. Interested parties are to apply for access to the RFI by forwarding their company profile together with contact details to email@example.com. The RFI will then be published on the Sasol’s Ariba platform the following week.
In the release, the company emphasised its commitment to reducing operational greenhouse gas emissions profile through several mitigation activities. It says it wants to remain sustainable in the long-term and in a carbon-constrained future and for this to happen, more partnerships across the country’s value chain are needed.