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Buy Carbon Credits to Support Climate Action

Supporting additional climate action is an important element of any impactful corporate climate strategy. First Climate offers many opportunities to make quick and effective contributions to global climate action by funding certified carbon reduction and removal projects with carbon credits. 

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Be a Part of Global Climate Action

By buying carbon credits from high-quality climate projects, your company helps make it possible to implement projects that actively reduce or remove carbon emissions from the atmosphere. First Climate offers a wide range of options to support project-based climate action: from long-term project support to forward contracts and early-stage projects to the exclusive development of your own climate project

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Creating climate benefits on the voluntary carbon market

Voluntarily supporting emission reductions or removal projects has long been an important voluntary climate action tool for many industries and sectors. This is based on trading carbon credits on the voluntary carbon market.

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Vincent Erasmy

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What are carbon credits?

Strictly defined, a carbon credit is a data record which is stored in a specific databank and accessible to the general public. A carbon credit refers to the documentation that a specific climate project, which has been verified according to strict criteria, has reduced carbon emissions or stored carbon in the long term and thus removed it from the atmosphere.

 

Carbon credits provide transparent and traceable proof of a scientifically defined climate benefit. One carbon credit always stands for one metric ton (or tonne) of CO2 equivalent

How do carbon credits work?

Only climate projects that meet strict quality requirements for the voluntary carbon market can be certified according to internationally recognized standards. Expected emission reductions or removals are carefully verified by independent third parties. Accordingly, these certified projects can issue a carbon credit for each proven metric ton of reduced or removed carbon. The resulting credits can then be traded on the voluntary carbon market and purchased by companies. 

Do carbon credits have benefits?

Carbon credits facilitate funds to selected climate projects. While this does not reduce or eliminate emissions from business operations, this mechanism does make it possible to mobilize funds to countries in the Global South. In comparison to Europe or other industrialized regions, each euro in the Global South can achieve a higher amount of emission reductions or removals. By buying carbon credits, your company creates incentives for the development of emission reduction and removal projects. Without the funding from carbon credits, this would not happen.

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Filling the Climate Finance Gap 

The Science Based Targets initiative (SBTi) estimates that at least $4.3 trillion (USD) is needed every year until 2030 to meet global climate goals. This represents a seven-fold increase in currently available finance.

 

This is why the SBTi recommends that in addition to taking measures to achieve their science-based climate targets, companies should also invest in climate action outside of their own value chains. 

Carbon Credits and Net Zero Strategies

 

Carbon credits also play an important role in the implementation of net zero strategies: The SBTi recommends funding climate projects (Beyond Value Chain Mitigation), as a complimentary measure to their strategy in order to achieve the global net zero target. Your company can elect to support emission reduction projects or carbon removal projects. Once a net zero status has been achieved, the SBTi guidelines allow for carbon credits from carbon removal projects in an amount corresponding to the remaining emissions from direct business operations. However, the remaining emissions may not exceed 10% of the emissions in the first year of the net zero journey.

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 The Correct Approach for Claims:
Support Climate Action with Carbon Credits

The question of how to properly present corporate commitment to climate action internally and externally is immensely important. Making the right sustainabilty claim makes it possible to communicate the measures you have taken and your contribution to climate action in a compelling way. With changed conditions on the carbon market however, primarily due to the Paris Climate Agreement's entry into force, claims such as "climate neutral" or "carbon compensated" no longer meet current transparency requirements.

By purchasing carbon credits, your company mobilizes funds for the implementation of additional climate action measures. And this is exactly how it should be referred to for transparent communication.  

With this in mind, First Climates supports the "Supporting Climate Action" label. This label is compatible with the guidelines of the Paris Agreement and represents a future-proof alternative to previous climate claims. Use the claim and label provided by First Climate to communicate your support for climate action outside your own value chain and make it transparent how you take responsibility.

Carbon Credit Best Practices

By buying carbon credits, your company is making an important contribution to global climate action. Three principles are important to ensure that your engagement delivers maximum climate benefits:

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More compelling reasons to support
climate action with carbon credits:

  • Wie macht man das grüne Attribut der erzeugten Energie geltend, wenn man einen PPA mit einer Anlage für erneuerbare Energien abschließt?
    Bei der Beschaffung von erneuerbarer Energie mit einem grünen PPA ist es von größter Bedeutung, auch die zugrunde liegenden Energieattribut-Zertifikate (EACs) in den Vertrag aufzunehmen. EACs sind die einzige Möglichkeit, die von einem Solar- oder Windpark produzierten Megawattstunden (MWh) glaubwürdig mit dem Energieverbrauch eines Firmenkunden zu verbinden. First Climate unterstützt und berät bei der Suche nach dem richtigen Vertragsmodell für die glaubwürdige und nachhaltige Beschaffung von Ökostrom aus erneuerbaren Energieanlagen.
  • Was kostet eine PPA?
    Die Kosten und Preise für PPA ändern sich auf dem Markt ständig und hängen von verschiedenen Faktoren wie dem aktuellen Angebot und der Energiequelle ab. Die PPA-Kosten für Solarenergie unterscheiden sich beispielsweise von den PPA-Kosten für Windenergie. Da PPA-Verträge von Natur aus komplex sind, gibt es eine große Vielfalt an Preisstrukturen. First Climate unterstützt Unternehmen dabei, die am besten geeigneten PPA-Preise zu finden und ihre Ziele im Bereich der erneuerbaren Energien zu erreichen.
  • Brauche ich eine PPA, um meine Energieversorgung zu 100 % aus erneuerbaren Energien zu decken?
    Die kurze Antwort lautet „Nein“. Die lange Antwort muss lauten: „Nein, aber...“. Neben der Beschaffung von EACs, die bei Einhaltung bestimmter Kriterien auch ein Instrument für die Beschaffung erneuerbarer Energien sind, das von den meisten wichtigen Standards für die Nachhaltigkeitsberichterstattung anerkannt wird, können PPAs eine zusätzliche Möglichkeit sein, erneuerbare Energien in Ihre Strombeschaffung zu integrieren. Je nach Ihrem Gesamtenergiebedarf können PPA ein integraler Bestandteil Ihrer (grünen) Energiebeschaffungsstrategie sein, da sie nicht nur die Beschaffung erneuerbarer Energien sicherstellen, sondern auch für langfristige Preisstabilität sorgen. Eine integrierte Beschaffungsstrategie für grüne Energie besteht in der Regel aus mehreren Säulen, zu denen auch die Selbsterzeugung gehören kann, um ein Gleichgewicht zwischen Energiesicherheit, Wirtschaftlichkeit und Anforderungen an die Nachhaltigkeitsberichterstattung herzustellen.
  • Wie bestimmt man die richtige erneuerbare Technologie und das richtige PPA-Volumen?
    Um die richtige Größe und die am besten geeignete Technologie für eine PPA zu bestimmen, muss das Lastprofil ausgewertet werden, um ein Überangebot an erneuerbarer Energie zu minimieren. Da jedes Lastprofil seine eigene Charakteristik hat, analysieren unsere PPA-Experten diese Daten und gleichen sie mit simulierten Erzeugungsprofilen von Wind- und Solarparks ab. Sobald das geeignete PPA-Volumen sowie die am besten geeignete Technologie (oder eine Kombination von Technologien) definiert sind, unterstützt First Climate seine Unternehmenskunden bei der Durchführung einer Ausschreibung (Request for Proposals, RFP) zur Einholung von PPA-Angeboten, einschließlich modellierter Erzeugungsprofile geplanter Wind- und Solarprojekte, um die am besten geeignete Erzeugungsanlage für einen PPA-Vertrag zu ermitteln.
  • Werden PPAs von den Standards für die Nachhaltigkeitsberichterstattung als Beschaffung von erneuerbaren Energien anerkannt, um Scope-2-Emissionen zu reduzieren?
    First Climate arbeitet eng mit globalen Standards für die Nachhaltigkeitsberichterstattung wie der Science Based Targets Initiative (SBTi), dem CDP und der RE100-Initiative zusammen, um sicherzustellen, dass unsere Kunden nicht nur ihre Scope-2-Emissionen in Übereinstimmung mit diesen Standards messen, sondern auch, dass die Ökostrombeschaffung ihren definierten Kriterien entspricht. PPAs, insbesondere solche, die mit neu errichteten Wind- und Solaranlagen abgeschlossen werden, erfüllen diese Kriterien. PPA zeigen ein hohes Maß an Engagement bei der Unterstützung der Entwicklung neuer Projekte im Bereich der erneuerbaren Energien und gewährleisten Zusätzlichkeit. Außerdem bieten sie eine hohe Preissicherheit. Um den Verbrauch von erneuerbaren Energien an ihre Erzeugung zu koppeln, müssen EACs in den Energieliefervertrag aufgenommen werden.
  • Are carbon footprints for companies regulated by law?
    In many countries there are legal regulations and obligations to report greenhouse gas emissions. Carbon accounting helps companies to comply with these regulations and minimize legal risks.
  • How often should a company conduct a carbon footprint assessment?
    The frequency of carbon accounting varies depending on company size, sector and objectives. Many companies carry it out annually. Our recommendation is to do it annually to have up-to-date data and track emissions progress. Changes in the activities or infrastructure of the value chain may also require additional assessments. Legal requirements should also be observed, such as the Corporate Sustainability Reporting Directive (CSRD) in the EU.
  • What standards or guidelines are there for carbon accounting?
    Carbon accounting is carried out in accordance with international standards such as ISO 14064 and the Greenhouse Gas Protocol (GHG Protocol). These standards define the process for measuring and reporting greenhouse gas emissions. In addition, national and regional government guidelines may apply. The choice of the appropriate framework depends on various factors, including company size, industry and objectives. Companies often use a combination of these standards and guidelines to achieve consistent and comparable results and meet sustainability targets.
  • What data is needed for carbon accounting?
    Carbon accounting requires various data to quantify greenhouse gas emissions. This includes energy consumption information, fuel consumption, production data, emission factors, transportation and travel data, information on purchased goods and services, waste and wastewater data, building information and information on CO2 reduction measures. The exact requirements vary depending on company goals and standards. Accurate data collection is crucial for accurate carbon footprints and the identification of emission reduction opportunities.
  • What are the most common challenges in carbon accounting?
    Carbon accounting can present several challenges, including data collection and quality, the complexity of selecting and applying emission factors, data verification, resource constraints for smaller companies and changes in business operations. Different legislation and stakeholder expectations can also pose challenges. Overcoming these requires careful planning, staff training and the use of best practice - ideally accompanied by carbon footprint consulting. Continuous improvement of accounting processes is critical to producing accurate and reliable carbon footprints and minimizing environmental impact.
  • What advantages do I have with First Climate's CDP Reporting services?
    First Climate’s sustainability consultants work closely with clients to determine goals and a complementary strategy, conduct gap analyses to identify potential areas for increased climate action, create opportunity and risk profiles, analyze hotspots and emission sources, and prepare a final report. First Climate’s expertise and solutions for renewable energy and science-based targets specifically gives its clients an edge when disclosing through CDP. In addition to this, First Climate and CDP will continue to offer joint online seminars on essential topics throughout the year.
  • What are the advantages of disclosing with CDP?
    By measuring environmental and climate risks, hidden costs are uncovered in many cases, which can save companies thousands of dollars. The reduced dependence on limited resources and the exchange of innovations are further advantages that the project can offer. CDP provides a sound basis for decision-making based on valid data. This is because environmental influences are also considered on a large scale and the impact of environmental policy measures is precisely evaluated. In this way, CDP can be used to promote ecological concepts and green growth. Last but not least, the publicly available information can also be used as a stimulus for new regulations in environmental protection or give the reporting organizations the opportunity to learn from each other.
  • How does CDP work?
    The CDP reporting process consists of three main steps that can be applied to all participants: As part of CDP, companies, cities and countries are asked to submit valid data on their respective environmental impact. This can, for example, relate to the use of resources such as water or surveys on self-caused greenhouse gas emissions. The data is collected using standardized questionnaires on a voluntary basis. CDP employees check the information and analyze the influencing factors. They then derive suggestions for improvement. All data is then published so that it is accessible to everyone free of charge.
  • How can I improve my CDP Score?
    Among other things, you can set science-based targets, define a detailed climate strategy and reduce emissions in all areas (Scopes 1, 2 and 3). For the best CDP score results, it is recommended to work with a CDP Accredited Solutions Provider. As a silver CDP renewable energy and science-based targets solutions provider in the DACH region, First Climate can help you to complete your CDP report and optimize your company's CDP score.
  • What is the difference between offsetting and insetting?
    The term "offsetting" describes the compensation of unavoidable greenhouse gas emissions by supporting external climate projects. Insetting, on the other hand, refers to an emission reduction project directly along a company's own value chain. This minimizes climate risks in the value chain. For example, insetting projects can include using sustainable soil and land-use techniques or the implementation of agroforestry programs.
  • Does an insetting project fit into my company's climate strategy?
    In principle, companies with long or complex supply chains have a high emission reduction potential with an insetting project. If your company's carbon footprint shows a Scope 3 hotspot, an insetting project could be a good choice. ​The best way to find out if an insetting project is right for you is to work closely with First Climate. Together we can conduct an initial consultation and scoping study to identify priority areas for Scope 3 measures in your value chain.
  • Are there any cons to carbon insetting?
    Carbon insetting is a very good instrument for effective corporate climate action climate. The following factors generally play an important role in the implementation of insetting projects and must be examined individually during project development: Time: An insetting project must be tailored specifically to a company's value chain. Ensuring the quality and efficiency of project development requires great care, which makes the development process correspondingly time-consuming. A realistic estimate places the project development between one year and several years. In return, companies receive a tailor-made climate project with maximum efficiency, measurable climate benefits and direct opportunities to influence its development. Costs: Developing your own climate project always involves investment. However, in addition to reducing Scope 3 emissions, investments in our own value chain can pay off in the future, e.g. through more resilient value chains and improved supply security.
  • Wo werden Aufforstungsprojekte durchgeführt?
    Die Aufforstung erfolgt auf Flächen, die seit langem stark degradiert sind, oft durch Abholzung oder Landwirtschaft. Aufforstungsprojekte können weltweit durchgeführt werden, abhängig von den Bedürfnissen und Zielen des Unternehmens. Es gibt Projekte in verschiedenen Ländern und Regionen, die unterschiedliche ökologische Herausforderungen angehen. Die Wahl des Standorts kann auch mit der Verbindung zum eigenen Unternehmen oder der Kundenbasis in Einklang gebracht werden.
  • Wie lange dauert es, bis Aufforstungsprojekte positive Auswirkungen zeigen?
    Die nachhaltige Wirkung von (Wieder-)Aufforstungen ist langfristig angelegt. Es dauert mehrere Jahre, bis die gepflanzten Bäume heranwachsen und ihre volle ökologische Funktion erfüllen. Unternehmen sollten solche Projekte deshalb als langfristige Investition betrachten, die über die Jahre hinweg positive Auswirkungen haben wird.
  • Carbon Footprint - what is it?
    The carbon footprint describes how many greenhouse gases are released during an action, activity, or process.
  • Carbon credits are incentives for additional emission reductions:
    By purchasing emission reduction certificates or carbon sink credits, companies effectively put an internal price on carbon, and  thus, create financial incentives to find additional ways to reduce the greenhouse gas emissions in their operations and supply chain. In this way, the internal carbon price makes it easier for business, for example, to invest in cleaner technologies and sustainable practices to reduce emissions and meet reduction targets.
  • How can a carbon footprint be reduced?
    There are various options for this as part of an individual climate strategy. For example, the purchase of green electricity certificates of origin or the development of a climate protection project along your value chain is conceivable.
  • What emissions are included in a carbon footprint?
    Contrary to what the term suggests, carbon dioxide is not the only emission taken into account when calculating a carbon footprint. Other greenhouse gases, such as methane, nitrous oxide, sulfur hexaflouride, hydrofluorocarbons, perfluorocarbons and nitrogen trifluoride are also included.
  • Why are some REDD+ projects criticized and what’s First Climate’s position?
    Recently, there have been criticisms from newspapers and other stakeholders alleging that REDD+ projects verified by VERRA do not fully deliver on their claimed climate impact. As a result, projects could overestimate the deforestation rate of what’s known as the “baseline scenario”, or the assumed development of the forest’s state without the project. In this sense, the alleged “baseline inflation” could lead to a project issuing more carbon credits than justified. Climate projects in the area of forestry conservation can be particularly challenging due to their complexity regarding implementation and verification. While it can therefore not be ruled out with certainty that baselines might have been overestimated in the past, First Climate deems the methods and certification procedures applied by the VERRA standard as sound and valid. First Climate welcomes the reporting and the debate it encourages as a vital component of the ongoing advancement of the REDD+ methodologies in the voluntary carbon market. In this sense, we also acknowledge VERRA’s ongoing efforts to further refine their respective methodologies. However, it is important not to lose sight of the bigger picture. We are in dire need of accelerated global climate action and forest protection is one of the most important pillars. REDD+ projects can play a key role in achieving the climate goals set by the Paris Agreement.
  • What is the aim of REDD+ Projects?
    REDD+ is a mechanism developed by the UN to help countries in the Global South conserve their forests. Through financial incentives, REDD+ promotes forest conservation, helps reduce greenhouse gas emissions, and supports economic diversification without clearing the forest.
  • What are the benefits of forest conservation and REDD+ projects?
    Forest conservation and REDD+ projects reduce greenhouse gas emissions by storing carbon, protect biodiversity by conserving forests, and improve the living conditions of local people by creating jobs and income.
  • How are forest conservation and REDD+ projects implemented?
    The implementation of these projects requires careful planning and collaboration with local communities. They go through several phases, including planning, implementation, and evaluation, to ensure that project objectives are achieved and the rights and needs of the local population are taken into account.
  • What are Energy Attribute Certificates (EACs)?
    The aim of Energy Attribute Certificates (EACs) is to provide information about the quantity and origin of electricity from renewable energy sources. However, this does not assess the ecological quality of the energy production.
  • Who can use Energy Attribute Certificates?
    Energy Attribute Certificates are particularly interesting for electricity producers who generate energy from renewable sources that are not subsidized by the EEG. These can be, for example, operators of mixed combustion plants (e.g. waste-to-energy plants) who want to market green electricity. Likewise, wind power and solar energy plants and pumped storage power plants that feed renewable or biogenic electricity into the grid can be registered in the guarantees of origin register.
  • Who issues energy attribute certificates?
    Electricity producers in Germany can obtain Guarantees of Origin (GoOs) from the Federal Environment Agency for the amount of electricity they produce from renewable sources and feed into the grid, insofar as it is not subsidized under the Renewable Energy Sources Act (EEG).
  • What are the benefits of guarantees of origin for green electricity?
    Electricity producers have the option of voluntarily participating in the register of guarantees of origin and selling their guarantees of origin to energy supply companies - regardless of the origin of the electricity. This enables additional financial profits for the generator and a positive effect on their own image, as customers and investors are placing increasing value on green power generation.
  • Is green electricity more expensive than normal electricity?
    In Germany, green electricity is on average no more expensive than electricity generated from fossil resources. In some cases, more favorable price for green energy compared to basic tarifs. One reason for this is that renewable energy technology, such as from solar and wind, is already widely used. Thanks to the widespread use of wind and solar farms, green electricity is thus becoming increasingly affordable. In Germany and many other countries, there are also subsidy programs for companies and private individuals that offer incentives for the installation of green power technologies.
  • Can every company source green electricity?
    There are several ways to benefit from green electricity. For example, companies can buy certificates that provide information about energy type, megawatts, and more.
  • Was ist der Unterschied zwischen Strom und Naturstrom von First Climate?
    Herkömmlicher Strom wird vorrangig durch die Verbrennung von Kohle, Gas und anderen fossilen Brennstoffen erzeugt. Im Gegensatz dazu stehen erneuerbare Energiequellen wie Sonne, Wasser oder Wind, die mithilfe entsprechender Technologien in Naturstrom umgewandelt werden. Der besondere Nutzen von Ökostrom liegt darin, dass bei seiner Gewinnung keine klimaschädlichen Treibhausgase erzeugt werden. Außerdem sind die Erzeuger nicht auf endliche Ressourcen wie Kohle und Öl angewiesen. Der Ausbau erneuerbarer Energien schafft auch in Zukunft Arbeitsplätze und kann damit die lokale Wirtschaft unterstützen. Denn die Erzeugung von Ökostrom erfolgt größtenteils standortnah für die eigene Region – so sieht zumindest die Idealvorstellung aus.
  • What are the benefits of green electricity for companies?
    Green electricity offers a number of advantages for companies, as it can help reduce a company's own impact on the environment. Because it is generated from renewable energy sources such as solar and wind, it does not cause harmful emissions like conventional electricity from fossil fuels. As a result, green electricity can help your business reduce its environmental footprint and improve its public image. Another advantage of green electricity can be the cost factor. In many German regions, renewable energy is already cheaper than electricity from fossil fuels. This means that your company can save cash by switching to green power. Finally, green electricity can help your business become more sustainable. By using solar, wind, and the like, you can reduce your dependence on finite resources like oil and coal, and instead rely on cleaner, renewable energy sources. In this way, you actively contribute to reducing the negative impact on the environment in the long term and become more sustainable overall.
  • What does green electricity mean?
    Green electricity - also natural electricity or green power - is generally defined as electrical energy generated from renewable energy plants. There are various certificates, seals of approval and guarantees of origin to identify the individual electricity products as green electricity.
  • What are Science-Based Targets?
    According to scientific projections, we have a limited amount of CO2 emissions that can be emitted every second until we exceed the 1.5°C limit. Therefore, this amount must not be exceeded if the world wants to keep global warming within the limits defined by the Paris Climate Agreement. Companies can ideally support the global fight against climate change by aligning their climate protection measures and emission reduction targets with the remaining carbon balance. The Science-Based Targets initiative (SBTi) allows companies to set net zero targets based on the latest climate science to support achieving the goals of the Paris Climate Agreement. A “science-based target” is thus a science-based climate goal that sets a clearly defined path for companies to reduce their greenhouse gas emissions and allows each company's "fair share" of the remaining carbon footprint to be determined as a sustainable alternative to a "business as usual" scenario.
  • Was ist ein FAQ-Abschnitt?
    Ein FAQ-Abschnitt beantwortet häufig gestellte Fragen zu deinem Unternehmen, z.B. „Wohin kann geliefert werden?“, „Was sind die Öffnungszeiten?“ oder „Wie buche ich eine Dienstleistung?“. Mit FAQ erleichterst du Besuchern die Navigation auf deiner Website und verbesserst gleichzeitig deine SEO.
  • Can the base year for scopes 1 and 2 targets deviate from the base year for the scope 3 target?
    Different base years may be used for the scope 1 and 2 targets and scope 3 target, however, we do not recommend it.
  • Can the base year deviate for the near-term and long-term targets?
    The base year should be consistent for the near- and long-term targets.
  • Which Scope 3 categories should be calculated and covered when developing SBTs?
    SBTi requires companies to carry out a full scope 3 screening to identify all its relevant value chain emission sources. Depending on in which industry your company operates, the emissions profile in scope 3 categories varies widely. First Climate can support you in carrying out a qualitative scope 3 screening and support you in figuring out which categories to cover in your scope 3 target.
  • Does my company need to set a scope 3 target?
    A scope 3 target must be set for all companies whose scope 3 emissions make up 40% or more of the overall emissions of the company’s corporate carbon footprint.
  • Can my company use carbon credits to meet annual reduction targets, ahead of reaching net zero?
    Carbon credits cannot be accounted toward meeting your science-based decarbonization targets. The purchase of carbon credits is an option for companies to finance additional emission reductions or removals beyond their value chain. The SBTi refers to these purchases as Beyond Value Chain Interventions.
  • Do energy certificates count towards SBTi?
    Companies may use Renewable Energy Certificates (RECs) as a measure to reduce scope 2 market-based emissions.
  • What types of green energy are there?
    Renewable energy sources that produce so-called green energy include wind energy, hydropower, solar energy, geothermal energy and biomass.
  • How does green energy work?
    Green energy comes from sustainable or renewable energy sources. This means that, in contrast to fossil fuels, this resource is not depleted. It is important for a sustainable energy supply to combine different renewable energy sources so that the demand for electricity can be met at all times.
  • Why should companies switch to green energy?
    There are several reasons why green energy makes sense for companies. One of the most important is effective climate action, which is becoming increasingly important to both clients and investors. Additional reasons include the decrease in raw material imports and thus, a reduction in dependency, more diversity in power generation and functioning competition. In addition, green energy is seen as an engine of innovation that drives the development of technologies and creates new jobs.
  • How can I tell if a position I'm interested in has already been filled and until when can I still apply?
    Our job postings are updated regularly, so all advertised positions on our careers page are still vacant. As long as it is on our site, you can apply!
  • How can I find out more about the start date of a posted job?
    Unless otherwise stated in the job description, we prefer if you start at the earliest possible date. Start dates are typically the 1st or 15th of a given month.
  • Can I apply to multiple open positions?
    Yes, but in order to ensure quick and uncomplicated processing, please apply for each position separately. Please make sure to submit a complete application for each position.
  • How long does the application process take?
    The length of the application process is individual and not always the same.We will provide you with feedback as quickly as possible.
  • Build a Partnership
    If your project is eligible, we will reach out to you with an offer for a partnership agreement. Together, we will define cornerstones like pricing, volumes, and a delivery plan and sign a Carbon Removal Purchase Agreement.
  • Project Registration
    Time to register your project at a carbon standard! At First Climate, we select the carbon standard that best fits your project and take care of all necessary registration steps, such as creating the Project Design Document and managing the validation process.
  • Carbon Removal Credits
    Once your project is registered, we handle the full cycle of carbon credit issuance, marketing, sale, and retirement. Thanks to our wide and global network of partners and clients, you benefit from the highest quality carbon credit management.
  • Eligibility Check
    Not sure if your project is a good fit for carbon credits? Use our online tool to check your project’s eligibility for a carbon standard or to get in touch with us. Just enter your project’s key information!
  • Monitoring and Reporting
    For continuous successful issuance of credits and transparency for our clients, we ensure that your project continually undergoes rigorous monitoring and reporting. This step is crucial to keeping track of the updates or progress of the project metrics, ensuring project quality and guaranteeing long-term revenue streams for your project.
  • How long does the project development process take?
    The project development process can take between 1 ½ to 2 years. We will be your partner after that too, continuously monitoring the project after the development phase is complete. 
  • Why should my company develop a project when it could support an already existing project?
    Choosing to support an existing project or developing a new project depends ultimately on your organization’s long-term climate strategy and goals. However, investing in an early-stage project enables your company to get involved in all important decisions to determine the future development of the project and gives you full access in every respect. It can also showcase your company’s commitment to climate action in the long-term, not just the short-term. If supporting an existing project fits your company’s needs right now, you can explore our portfolio here!
  • Mehr Erfahren
    Klimaschutzprojekte, die die Qualitätsanforderungen für den freiwilligen CO2-Markt erfüllen, werden nach international anerkannten Standards zertifiziert und die erzielten Emissionseinsparungen bzw. die erzielte Senkenleistung durch unabhängige Prüfinstitute bestätigt. Entsprechend anerkannte Projekte können für jede von ihnen nachweislich eingesparte Tonne CO2 einen Emissionsminderungs- oder CO2-Senkennachweis ausgeben, der dann über den freiwilligen CO2-Markt gehandelt und von Unternehmen erworben werden kann. CO2-Zertifikate ermöglichen es deshalb, ausgewählte Klimaschutzmaßnahmen gezielt zu fördern. Emissionen aus dem Geschäftsbetrieb lassen sich dadurch nicht verhindern; das Verfahren ermöglicht es aber, Finanzmittel zu generieren und in Schwellen- und Entwicklungsländer zu transferieren, wo mit jedem Euro viel größere Emissionseinsparungen erzielt werden können als in Europa. Indem Ihr Unternehmen CO2-Zertifikate erwirbt, schaffen Sie wirtschaftliche Anreize für die Entwicklung von Emissionsminderungs- und Senkenprojekten, die ohne Ihr Engagement und die entsprechende Förderung nicht umsetzbar wären.
  • Carbon credits support climate technology innovation:
    The natural carbon storage capabilities of biochar, an innovation promoted by First Climate, is an excellent example of such technologies. The development and increasing usage of similar carbon sink technologies are important instruments to proactively remove carbon dioxide from the atmosphere, and therefore, they have a significant role in climate action. Without the support made possible by the voluntary carbon market, the further development of such promising, innovative climate action technologies would not be financially viable.
  • Carbon credits promote sustainable development
    The latest IPCC Climate Report underscores the urgent need for sufficient financing to tackle the climate crisis decisively. Unfortunately, however, there is still a wide gap in climate financing and there is still a lack of much needed investments for the transformation to increased sustainable development. The voluntary carbon market can help generate revenue and support communities in the Global South to mitigate and adapt to climate change. Investment, technology transfer and employment opportunities also enable economic growth and active poverty reduction. In this way, carbon credits not only contribute to climate mitigation, but also support other environmental and socio-economic concerns.
  • Carbon credits are incentives for additional emission reductions:
    By purchasing emission reduction certificates or carbon sink credits, companies effectively put an internal price on carbon, and  thus, create financial incentives to find additional ways to reduce the greenhouse gas emissions in their operations and supply chain. In this way, the internal carbon price makes it easier for business, for example, to invest in cleaner technologies and sustainable practices to reduce emissions and meet reduction targets.
  • Carbon credits enable additional climate action
    It has been proven in numerous studies that companies which purchase emission credits are more committed to implementing emission reductions in their own operations than their corporate peers which do not make similar investments. Carbon credits thus function as an added measure, not an alternative. A recent evaluation by Trove Research concludes that companies that invested in carbon credits reduced their Scope 1 and Scope 2 emissions simultaneously by 6.2% per year. In contrast, companies that did not purchase credits reduced their operational emissions by only 3.4% per year.
  • Klemens, what is the concept behind VIRIDAD?
    At VIRIDAD, our mission is to drive the sustainable transformation of the economic system with innovative solutions and services. We have set ourselves the goal of helping companies achieve sustainable success in a rapidly changing environment. How do we do this? By providing them with the knowledge and tools they need to keep pace with the challenges and dynamics of ESG reporting.
  • What makes VIRIDAD unique?
    With our partner First Climate, we offer clients a cloud-based digital platform that, thanks to standardized processes and intuitive interfaces, is not only secure and easy to use, but also saves time. We combine our technical and regulatory expertise to support our clients with comprehensive data management solutions and consulting expertise in fulfilling their reporting obligations under the EU Taxonomy and efficiently mastering the challenges of ESG reporting.
  • What benefits do clients get from First Climate and VIRIDAD’s partnership?
    Building on our existing platform, we will develop our digital solutions incrementally and scale up our services. Our partnership with First Climate gives us the capacity to take the next important step and collectively create added value for companies in the implementation of their climate and sustainability strategies. Through our collaboration with First Climate, companies benefit from an all-in-one solution for their corporate climate journey.

Integrate carbon credits into a comprehesive climate strategy

Supporting climate action with carbon credits should only be used with other measures, in particular the reduction of a company’s avoidable emissions from its operations and value chain. It is an additional contribution to climate action. 

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Comply with relevant quality guidelines

To ensure the quality of credits from carbon emission reduction or carbon removal projects, purchased carbon credits must be certified according to a recognized quality standard (Gold Standard, VERRA, etc.).

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Account for all relevant emissions

The amount of carbon credits must also be based on the carbon footprint calculation following international standards (ISO 14064, Greenhous Gas Protocol) according to the ton-for-ton principle. If, however, individual emission sources are omitted from the calculation, this must be communicated transparently and made publicly accessible. This ensures there is a equivalent benefit to the climate and also creates incentives for additional reduction measures.

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How can companies best use carbon credits?
First Climate COO Mike Hatert answers.

"Companies should pursue ambitious targets and place value on the quality of the climate projects they choose to support."

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From First Climate’s perspective, what are the criteria for using carbon credits?

First Climate has defined very clear criteria for using carbon credits. It is particularly important to make it clear that financial support for climate projects are an important addition to any corporate climate strategy—however, it can only be alongside a strategy and cannot replace it. This is already true of support for climate projects, and it will also apply to other areas in the future - for example, to support projects focused on biodiversity preservation with biodiversity credits or comparable instruments. Transparency is crucial when it comes to carbon credits. Companies should also pursue ambitious targets and place value on the quality of the climate projects they choose to support. In our view, the combination of these factors shows a clear pattern of how corporate climate action should be structured, and we advise our clients accordingly when we help them to plan their climate strategy.


What does that mean exactly? What if clients have specific requirements?

We know that every corporate climate journey is highly individual. Our goal is to support our clients on every step of that journey and provide them with the best climate solution for each case. As an example, if a company decides to align its climate strategy with the criteria and recommendations of the Science Based Targets Initiative or another market initiative, we will provide them with all the tools they need for successful certification. Of course, we are always available to provide our own recommendations as well. 


Does this also apply to corresponding adjustments? 
Yes, absolutely. First Climate is happy to offer carbon credits with corresponding adjustments upon request - provided, of course, that they are even available on the market. In all the current discussions, many overlook the fact that to date there are no carbon credits available for the pre-existing corresponding adjustments. We also see many unanswered questions regarding the concrete application of corresponding adjustments in practice. With this in mind, First Climate currently advises its clients against aligning their climate strategy with corresponding adjustments. Instead, we recommend that clients report the purchase of carbon credits as a contribution to international climate targets, and to refrain from counting these emission reductions or removals toward their own footprint. This approach creates concrete climate benefits without the need for corresponding adjustments. 


And what about carbon credits that date back to the Kyoto Protocol? Can these be used to justify a compensation claim?
For the sake of transparency, we believe that it is important to follow a consistent claiming approach. First Climate exclusively supports the claim "Supporting Climate Action" and no longer issues labels with different wording.

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