Partnership with Creturner Group offers “fast, exact, permanent” offset
Spotnana, the world’s first Travel-as-a-Service platform modernising the infrastructure of the travel industry, released today Spotnana Carbon Removal, a new offering that enables corporate travel programs to achieve their sustainability goals.
Through Spotnana Carbon Removal corporations can remove carbon from the atmosphere through advanced technology that is fast, exact, and permanent.
In his blog, Johnny Thorsen, VP of Partnerships at Spotnana, said, “The global travel industry is facing a massive challenge addressing the problem of carbon emissions. Obviously, it will be impossible to completely remove carbon emissions from the actual travel process for many years to come. However, we can reduce the carbon intensity by selecting the best performing suppliers as well as by taking steps to remove the equivalent amount of carbon emissions generated by travel after the event has taken place.”
Spotnana Carbon Removal delivers high quality carbon removal offsets through a partnership with Creturner Group, which uses a Bio Carbon Capture and Storage (Bio-CCS) process to convert wood-based waste products into coal that is deposited into old, end-of-life mining pits. This process ensures that a precise amount of carbon is permanently removed from the atmosphere and stored underground.
“We are excited to partner with Spotnana to deliver a flexible, transparent, and digital way to meet their customer’s needs for true climate offsets,” said Daniel Moström, Board Chairman at Creturner Group. “Unlike traditional forms of carbon offsets like tree planting, our approach is immediate, permanent, and clearly measurable.”
Spotnana customers can choose to offset their travel program carbon emissions as calculated by their preferred partner. After an offset is purchased, a digital certificate is provided to customers in the form of a blockchain-based token as proof of their carbon emission removal.
Added Thorsen, “While sustainable air fuel (SAF) has an important and growing role to play in the future of decarbonizing air travel, we are many years away from having sufficient quantities of SAF to power all flights. In addition, SAF can only remove approximately 80% of emissions from air travel, and therefore can’t be the only strategy we use to achieve net zero emissions goals.
“It’s also important to recognize that there are many forms of carbon offsets in the world available at a wide range of prices. Too often, companies purchase low quality offsets tied to carbon avoidance programs. While there are benefits to some carbon avoidance programs, others, unfortunately, amount to little more than greenwashing.
“The reality is that we have already put too much carbon into our atmosphere, and avoidance won’t deliver the impact we need to protect our planet. We need to invest in scaling technologies that truly remove carbon and put it back in the ground. BCG makes this case clearly in a September 2023 report titled The Time for Carbon Removal Has Come.”
Spotnana is also committed to removing 100% of the carbon footprint generated by its own travel activities starting from January 1, 2023 using the new Spotnana Carbon Removal service.
Said Thorsen, “I personally used Creturner to remove the carbon emission generated by all my travel in 2022, and I really liked the overall process and methodology. I am very excited we are now able to offer this service to all Spotnana customers as a first step towards a more sustainable travel program – because it is #timeforgreentravel!”
