September 4, 2024 | carboncredits.com |
TotalEnergies announced a $100 million investment in sustainable forestry projects across 300,000 hectares in 10 U.S. states. In collaboration with Anew Climate and Aurora Sustainable Lands, the initiative aims to promote sustainable forest management, protect biodiversity, improve water and soil quality, and enhance carbon sequestration. The carbon credits generated will help offset the company's Scope 1 and 2 emissions.
This investment aligns with TotalEnergies' goal of achieving net-zero emissions by 2050, reducing its carbon footprint through nature-based solutions, carbon capture, and other clean energy technologies. The company also adheres to the U.S. government’s Voluntary Carbon Markets Principles to ensure integrity in carbon trading.