TER: Difference between revisions
(Created page with "TERs, or True Emission Reduction, are a type of VERs (Verified/Voluntary Emission Reduction carbon credits). TERs are created by users of the TERbit app based on their pro-environmental choices. The app monitors the user's activities in real-time, e.g. their transportation choices (cycling or walking). It compares them to the average CO2e emissions for the user's country of residence baseline. For every kilometre travelled in a low-carbon way, the app rewards users in T...") |
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TERs, or True Emission Reduction, are a type of VERs (Verified/Voluntary Emission Reduction carbon credits). | TERs, or True Emission Reduction, are a type of [[VER|VERs]] (Verified/Voluntary Emission Reduction carbon credits). | ||
TERs are created by users of the TERbit app based on their pro-environmental choices. The app monitors the user's activities in real-time, e.g. their transportation choices (cycling or walking). It compares them to the average CO2e emissions for the user's country of residence baseline. For every kilometre travelled in a low-carbon way, the app rewards users in TERs. | TERs are created by users of the [[TERbit|TERbit app]] based on their pro-environmental choices. The app monitors the user's activities in real-time, e.g. their transportation choices (cycling or walking). It compares them to the average [[CO2 emissions|CO2e emissions]] for the user's country of residence baseline. For every kilometre travelled in a low-carbon way, the app rewards users in TERs. | ||
1 TER is equivalent to 1 tonne of CO2e that the user has not emitted into the atmosphere. Each 1 TER is divided into 1000 mTERs, equivalent to saving 1 kg CO2e. | 1 TER is equivalent to 1 tonne of CO2e that the user has not emitted into the atmosphere. Each 1 TER is divided into 1000 mTERs, equivalent to saving 1 kg CO2e. | ||
When the app is used by a company and its employees, TERs can be included in the annual ESG report as a part of the company's Scope 3 emissions reduction scheme. | When the app is used by a company and its employees, TERs can be included in the annual [[ESG]] report as a part of the company's Scope 3 emissions reduction scheme. | ||
Latest revision as of 16:31, 4 July 2022
TERs, or True Emission Reduction, are a type of VERs (Verified/Voluntary Emission Reduction carbon credits).
TERs are created by users of the TERbit app based on their pro-environmental choices. The app monitors the user's activities in real-time, e.g. their transportation choices (cycling or walking). It compares them to the average CO2e emissions for the user's country of residence baseline. For every kilometre travelled in a low-carbon way, the app rewards users in TERs.
1 TER is equivalent to 1 tonne of CO2e that the user has not emitted into the atmosphere. Each 1 TER is divided into 1000 mTERs, equivalent to saving 1 kg CO2e.
When the app is used by a company and its employees, TERs can be included in the annual ESG report as a part of the company's Scope 3 emissions reduction scheme.
