Insetting is a powerful tool that gives companies an economically viable to path to reduce or eliminate the environmental impacts of their products and businesses.
Insetting provides a proactive approach to reducing environmental impacts directly within a corporation’s own sphere of influence including the company’s supply chain and its customers.
Here is an example of how this can work. A hotel chain decided to develop its own sustainable supply of olive oil rather than rely on traditional sources. The chain funded the creation of olive groves and hired local residents to plant and care for the trees. The hotel buys the olive oil from these groves knowing that it was developed sustainably. In addition to creating more jobs, the hotel can claim that they have lowered their carbon foot print because their olive oil program is sequestering atmospheric carbon in the soil and the trees themselves.
Any visionary organization can benefit from an insetting program. Climate Smart Group is the leading expert on insetting in North America. Looking to reduce your environmental impact? Let’s talk about insetting projects customized for your company’s needs.
Climate Smart Group is leading a USDA Conservation Innovation Grant (CIG) in conjunction with the Soil Health Partnership and Monsanto. Other project partners include Applied GeoSolutions, CropGrowers, DNDC-ART and Agsolver/EFC Systems. Together we are developing a Carbon Accounting and Insetting Framework that will be implemented across the US Midwest in 2018. This framework is a tool that organizations can use to quantify emission reductions that result from sustainable agricultural practices implemented by their seed producers and their farmer customers. Monsanto’s goal is to work with these farm groups to help them lower the environmental impact of their farms and produce sustainably grown products that buyers are demanding.
Our carbon accounting framework will lower the costs of GHG emission reduction quantification and verification to produce more cost-effective carbon reductions at scale.
As part of the CIG grant, Climate Smart Group first prepared “Assessing the Insetting Landscape” to assess the current state of insetting within the industry. This paper forms the basis of information for the CIG grant and helps illuminate potential roots forward.
Additionally, responsible and accurate carbon accounting for agricultural projects must deal with various technical difficulties, and four discussion papers have been developed to understand these issues. These four discussion papers: Additionality, (now available), and Aggregation, Permanence and Verification, will all be available to download here, and help to inform the development of the Carbon Accounting and Insetting Framework.
A beta-version of the Carbon Accounting and Insetting Framework is currently available and can be requested below. Any edits, comments, concerns, or additions are greatly welcome. Please email us a request to receive the framework paper at firstname.lastname@example.org.