Greenopia recently released a comprehensive ranking of the top ten Carbon Offset companies for mitigating personal climate impact produced by flying, driving, and from household energy consumption. Topping the list are TerraPass and EnPalo. Carbon Offsets have been under fire in recent years due to questions surrounding their overall effectiveness and transparency to the public. With over a billion tons of offsets being purchased each year, consumers are looking for a company they can trust. The entire carbon offset ranking results are at Greenopia.
Greenopia used a comprehensive set of criteria to determine the rankings. Data was collected from the companies pertaining to the offset projects, the accuracy/relevance of their carbon calculator, whether or not the projects were audited by a third party, and the company’s transparency. Weights were set based on the relative importance of the criteria to consumers when purchasing carbon offsets. Greenopia also tracked which standards each offset used and how each company approached the concept of additionality.
“The notion of additionality is often poorly understood when buying carbon offsets. It’s often very difficult to determine whether or not the sequestration project would actually occur without the money raised from selling the individual offsets,” says Gay Browne, Founder of Greenopia.
See Greenopia’s list of the top ten carbon offset companies below. Click on the company name to view each carbon offset company’s scorecard.
1. TerraPass
2. EnPalo
3. CarbonFund
4. Native Energy
5. 3 Degrees
6. Chicago Climate Exchange
7. e-Blue Horizons
8. Standard Carbon
9. Versus Carbon Neutral
10. LiveNeutral