Nectr is currently evaluating a number of local and international projects to source carbon emissions reduction units. We’ll use these units to offset the carbon emissions associated with our customers’ Nectr Friends Clean electricity plans. Nectr will provide on its website the details of the projects it sources these emissions reduction units or certificates once confirmed. Just to note that Nectr is not a direct investor in these projects or their companies. Rather, we’re just sourcing verifiable emissions reduction units or certificates from them.
The projects we’re evaluating are eligible to be accepted under the Commonwealth Government Climate Active program. This is important to us because Nectr is currently in the process of obtaining Carbon Neutral accreditation for its Nectr Friends Clean electricity plans under the Commonwealth Government Climate Active program.