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Sustainable leasing

Carbon-neutral with carbonZER0

Sustainability has become a differentiating factor in the market. Thanks to carbonZER0, the production, transportation, use phase, and end-of-life phase of your CHG-MERIDIAN financed IT assets can now be carbon-neutral.

Company PCs, smartphones, and servers generate tonnes of greenhouse gas emissions, with the bulk of these greenhouse gas emissions generated during production. That is why, for more than 40 years, CHG-MERIDIAN has been offering end-of-life services based on the professional refurbishing and sustainable reuse of used IT devices, in line with the principles of the circular economy. We are now taking this one step further with carbonZER0®. For the first time, our customers can make financial climate contributions to compensate the greenhouse gas emissions generated in the production, transportation, use phase, and end-of-life scenarios of their leased IT assets.

Climate-neutral financing of IT assets with carbonZER0

Alongside measures to avoid and reduce CO₂ emissions, offsetting is an important step that allows companies to operate in a more sustainable manner and to make a positive contribution toward climate change mitigation. Thanks to carbonZER0, our new financing upgrade, our customers can pay to offset the entire CO₂ emissions of their IT assets. This financing option is available internationally, with the money generated used to finance certified projects aimed at combating climate change. The monthly lease instalment increases only marginally. For example, the cost of making a smartphone carbon-neutral is just a few cents.

Calculating CO₂ emissions

Using the carbonZER0 financing upgrade requires no additional time or effort from customers. They enjoy the benefits of a complete package that allows them to select and manage their climate change mitigation projects, and includes recognized emissions certificates and the calculation of CO₂ emissions using a methodology certified by the TÜV product standards regulator. The calculation takes into account production, transportation, and the electricity consumed during the use phase and end-of-life scenarios of the IT assets. We also take into account any differences related to device type and manufacturer by adding a percentage-based markup.

Offsetting CO₂ emissions

Once the calculation has been completed, the greenhouse gases generated are offset. This can be done in a variety of ways, either by purchasing certificates on voluntary carbon markets or by investing directly in climate change mitigation projects. Selecting and regularly auditing these is an important step. Through carbonZER0, CHG-MERIDIAN is supporting internationally recognized and certified climate change mitigation projects. All of these projects ensure sustainable development at the economic, social, and environmental level in the respective countries in line with the UN’s 17 sustainable development goals. In return, the customer receives a certificate as proof of the CO₂ emissions saved. This guarantees that the savings will only be used to offset CO₂ emissions once; the related certificates are subsequently retired in the official registers. Both the certificate and the information on which assets are carbon-neutral can be viewed digitally in TESMA® – simple, transparent, and straightforward.

Ongoing support for climate change mitigation projects

Customers opting for carbonZER0® support projects that are proven to offset emissions. These can include, for example, by expanding renewable energy generation or promoting the use of more energy-efficient technologies. The portfolio ranges from solar power installations and drinking water systems to fair microcredits and wind turbines. Furthermore, the projects benefit the local population by creating jobs, improving infrastructure, and reducing health risks.

Our climate change mitigation projects ensure sustainable development at the economic, social, and environmental level in the respective countries in line with the UN’s 17 sustainable development goals. To prove that criteria are being met, the projects are checked and certified according to the Gold Standard VER. This ensures – and regularly confirms – that the projects are effective in combating climate change.

 

"Our customers can simply add the service to their existing order without any additional hassle. We take care of everything for them, including making the offset payment to certified climate projects"

Oliver Schorer, Member of the Board of Management

Climate change mitigation is a must

Customers and investors have long been demanding sustainable solutions, and what might once have been an afterthought, such as climate-neutral business practices or green IT, is now often crucial to the success of a business. Environmental protection has become a corporate objective, and sustainable procurement a moral obligation. Sustainability and combating climate change have become a must for companies – from an environmental, social, and commercial perspective. carbonZER0® allows our customers to not only make a truly positive and transparent contribution to their environmental footprint but also to enhance their image as a sustainable company.

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