RESET’s Client since 2010, Polytrade Paper has become the World’s first paper trading company and Asia’s first commercial company whose corporate operations are certified to be carbon neutral in accordance with the renowned independent PAS 2060 standard.*
“Polytrade wants to take the initiative to demonstrate good carbon management and introduce low carbon paper choices to the public, and ultimately, demonstrate how the paper industry can help tackle climate change. It is not about eliminating paper, but rather choosing the right paper and using it well. Reset provided us with professional advice throughout this process.” commented Michael Chan, Managing Director of Polytrade Paper.
Launched by the British Standards Institute (BSI) in 2010 as a premium standard to govern carbon neutrality claims made by companies, products or events, PAS 2060’s rigorous requirements oblige any company seeking to demonstrate carbon neutrality to commit to continuous carbon reductions, with a clear carbon management system in place, before offsetting remaining emissions to achieve neutrality. The standard prevents companies from going “carbon neutral” simply by “buying their way out.”
RESET Carbon helped Polytrade to, first, establish a 3-year greenhouse gas inventory of the company, with the 2010-2011 footprint covering emissions from direct and indirect emissions resulting from its business operations (including indirect sources likes staff commuting, flights and paper use), as required by PAS 2060 standard. RESET then carried out in-depth energy and carbon assessment of Polytrade’s facilities, established a reduction plan and target and set up the internal carbon management structure with the Polytrade team. All these were then verified and validated by BSI between 23rd-25th February 2011, with the certificate issued on 21st April 2011, making Polytrade the first paper trading company in the world to achieve carbon neutrality under PAS 2060.
“RESET Carbon is very honoured to work for a prescient client like Polytrade and to help them become the first PAS 2060 compliant carbon neutral commercial company in Asia. There is a rising trend of companies in Asia recognising the commercial value of incorporating serious carbon management into their business, and RESET’s experience will benefit them in harnessing this low carbon growth opportunity.” Added Brian Au, Director of RESET Carbon.
To celebrate this achievement and to share their low carbon experience with the trade, Polytrade is hosting a seminar-cum-party Carbon FreeSixty on the 17th May 2011. Brian Au, Director of RESET Carbon, shared his expert view on PAS 2060 and other up and coming sustainability standards.
Polytrade’s PAS 2060 announcement.
*as of companies verified and certified by the independent verifier, British Standards Institution (BSI). All claims made to the best knowledge by the independent verifier BSI and consultant, RESET Carbon Limited, based on industry research and information available on the internet and registries as of 17 May. Polytrade and all related parties cannot be held liable for any error, omissions or inaccuracy about the carbon neutrality claims made here not within the company's knowledge.