Offsetters Works With Dow to Develop International Carbon Offset Portfolio
February 25 2014 - 8:00AM
Marketwired Canada
Offsetters Climate Solutions Inc. ("OCS" or the "Company") (TSX
VENTURE:COO)(FRANKFURT:9EA) is pleased to report that it has successfully
retired a portfolio of 160,000 tonnes of carbon offsets from a selection of
high-quality international offset projects on behalf of Dow Chemical Company.
Dow engaged Offsetters to offset the travel footprint of spectators and media
attendees prior to the Games. These carbon credits come from a portfolio of
high-quality projects developed to international standards, recognized under the
International Carbon Offset and Reduction Alliance (ICROA) Code of Best
Practice. All offsets were retired upon delivery. The portfolio includes
projects from Russia, Brazil and South Korea, in addition to a project
implemented by Dow at one of its manufacturing facilities in the United States.
For full coverage of DOW's sustainability activities related to this offset
portfolio, please visit:
http://www.businesswire.com/news/home/20140203006532/en/Sochi-2014%E2%80%99s-Direct-Carbon-Footprint-Mitigated-Opening#.Uv0TBvk7uM4
James Tansey, Ph.D., President and CEO
Offsetters Climate Solutions Inc.
About Offsetters Climate Solutions Inc.
Offsetters is Canada's largest and most diversified carbon management solutions
company. Its team of industry leaders specializes in the origination,
development and commercialization of high-quality carbon offset projects, and
through a comprehensive offering of sustainability consultancy services
Offsetters helps organizations understand, reduce and offset their climate
impact. Based in Vancouver, Canada, Offsetters has worked with over 150 of the
world's most prestigious organizations including Aimia, Vancity, lululemon
athletica, Catalyst Paper, Harbour Air, HSE - Entega, and Shell Canada Limited.
Offsetters is publicly listed company on the Toronto Venture Exchange (TSX
VENTURE:COO) and in (FRANKFURT:9EA). For more information, please visit us at
www.offsetters.ca.
FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as
well as historical information. Forward-looking statements include, but are not
limited to, the continued advancement of the company's general business
development, research development and the company's development of forest-based
carbon offsets. When used in this document, the words "anticipate", "believe",
"estimate", "expect", "intent", "may", "project", "plan", "should" and similar
expressions may identify forward-looking statements. Although Offsetters Climate
Solutions Inc. believes that their expectations reflected in these forward
looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that could
cause actual results to differ from these forward-looking statements include
fluctuations in the marketplace for the sale of carbon credits, the inability to
implement corporate strategies, the ability to obtain financing and other risks
disclosed in our filings made with Canadian Securities Regulators.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FOR FURTHER INFORMATION PLEASE CONTACT:
Offsetters Climate Solutions Inc.
David Rokoss
778-945-0951
david.rokoss@offsetters.ca
Suite 1000 - 675 West Hastings Street
Vancouver BC, V6B 1N2
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