Currently, we are developing a pilot program called “Correos Compensa” with the parcel and telegraph shipping company, Correos.
This will allow Correos to offer its customers and partners offset their carbon footprint. The pilot program was presented in December in collaboration with Banco Santander, which will be the company that purchases the initial loans during the World Climate Summit in Madrid.
Correos is determined to offset the carbon footprint of all letters and packages delivered with ClimateTrade by next year. 160,000 tons will be offset directly with ClimateTrade in early 2020.
The funds generated by Correos will go to Acciona, a Spanish environmental company that manages multiple projects to reduce carbon dioxide (CO2) emissions.