Atlas Ltd

Atlas Ltd is on the path to becoming a Carbon Neutral Business, with the aim of supporting a cultural shift in their workforce’s climate education and engagement. Atlas Ltd has worked with Furthr on calculating and offsetting their scope 1-3 emissions as a first step on this journey.

Alongside this, the Atlas Ltd team is driving bottom-up change, by delivering personal sustainability to each member of the company, as well as sponsoring reforestation for all staff members.

As part of their measurement and mitigation strategy, Atlas Ltd is also investing in highest quality carbon offsets to account for their 2023 emissions.

Impact

Spotlight

Highlights

2,657

tCO2e
Mitigated in 2023

2040

Validated Net-Zero Target

3

Projects in 2023 Portfolio

16

Project SDGs Certified

Emissions Breakdown

Annual Comparison

Emissions by Activity

Emissions by Scope

2019 Footprint

Atlas delivered their first emission calculation for their UK facilities.

2019

Emission Reduction

The company began switching to renewable energy suppliers for select offices in 2020 in a drive to reduce Scope 1 and 2 emissions.

2020

2021 Footprint

As the first group-wide calculation, Atlas has used 2021 emission data as the baseline year for Net-Zero target validation. These calculations show 5,806 GHG emissions (tCO2e) across scopes 1, 2 and 3.

2021

2022 Footprint

The company has reported a total of 7,724 GHG emissions (tCO2e) in 2022. For this report, Atlas has increased the coverage of their scope 3 emissions calculations.

2022

Near Term Targets

Atlas has committed to reduce absolute scope 1 and 2 GHG emissions by 90% by 2030 and to reduce absolute scope 3 GHG emissions by 42% within the same timeframe.

2023

Reduction Timeline

Impact

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10,000

Flights
London-Rome

204o

Car Trips
London-Manchester

10,000

M² Sea Ice
Saved

10,000

Beef Steak
Consumed

204o

Years of
Home Power

10,000

Parcels
Delivered

Atlas' Reports

2023 GHG emissions

2023 ESG Report

Carbon Offset Portfolio

12%

Carbon Removal

64%

Nature Based

Mitigating for unavoidable emissions

A carbon offset is a mechanism by which a company can compensate for its unavoidable emissions.

Furthr's offsets come in two forms:

Carbon Reduction Offsets, where we protect nature & fund technologies that drive carbon reduction.
Carbon Removal Offsets, where we fund nature and tech-based projects which remove emissions from the atmosphere.

345

tCO2e offset

Rimba Raya Biodiversity Reserve, Indonesia

652

tCO2e offset

Biochar from Sustainable Wood, Congo

108

tCO2e offset

Berlin Biodiversity Forest, Germany

Project Name	Registry Link	Tonnes Allocated	Reporting Period	Retirement Certificate

Scroll right to reveal more of your audit documentation table including Registry Link, Tonnes Allocated, Reporting Period and Retirement Certificate for your projects

Furthr's Due Diligence and Independent Verification

Furthr's in-house due diligence process rigorously assesses each project for its long-term impact (permanence), unique contribution to carbon reduction (additionality), and broader environmental, social, and economic benefits and safeguards (co-benefits).

We also carefully consider potential unintended negative impacts (leakage) and ensure robust greenhouse gas reduction calculations for the integrity and effectiveness of our projects. The latter is done by ensuring third-party auditing and governance are robustly managed by project developers, who themselves have experience and track record in delivering the highest quality carbon projects.

In our commitment to ensure the highest quality of carbon offsets, we collaborate with leading third-party agencies such as BeZero, Sylvera, and CCQI. These agencies specialize in meticulously evaluating carbon offset projects, offering an additional layer of validation to our selection process.

Portfolio Deep Dive

The Problem

Over 60% of Europe’s forests are at risk of the effects of climate change and especially monoculture forests, which face increased repercussions from storms, droughts and pests. In Germany alone, there are more than 3 million hectares of monocultures that need to be turned into biodiverse mixed forests to increase their climate resilience and increase biodiversity and carbon capture.

The Solution

With the Lake Kessel climate protection project, Pina Earth is converting 93 hectares of pine monoculture forest in Brandenburg into a near-natural, biodiverse mixed forest over 30 years. The introduction of new species, the promotion of natural rejuvenation and the adapted game management make the forest more resistant to the consequences of climate change such as storms, drought and beetle infestation.

Berlin Biodiversity Forest, Germany

Germany

Afforestation (ARR)

Carbon Removal

2022 -

1000

tCO2e offset

2022 -

1000

tCO2e offset

Berlin Biodiversity Forest, Germany

Quick View

The Problem

Sawmill operations, like the one in the Republic of Congo, often produce significant biomass waste. Traditionally, this waste is burned or discarded, leading to increased CO2 emissions and contributing to environmental pollution and climate change.

The Solution

The innovative use of biochar, a new carbon removal solution, addresses this issue. Biomass waste is transformed into biochar, a stable carbon form stored in soil, significantly reducing CO2 emissions. This method not only manages waste sustainably but also contributes to environmental conservation and supports local communities through employment and essential services.

Biochar from Sustainable Wood, Congo

Congo

Biochar

Carbon Removal

2022 -

1000

tCO2e offset

2022 -

1000

tCO2e offset

Biochar from Sustainable Wood, Congo

Quick View

The Problem

The Rimba Raya Biodiversity Reserve in Central Kalimantan, Indonesia, faces threats from planned deforestation for palm oil estates. This endangers richly biodiverse tropical peat swamp forests and the habitat of species like the Bornean orangutan.

The Solution

The project protects tropical peat swamp forests, preventing over 47,000 ha of forest conversion for palm oil production. It involves local rangers and satellite monitoring. The initiative supports local communities through job creation, environmental education, women's capacity building, and economic development activities.

Rimba Raya Biodiversity Reserve, Indonesia

Indonesia

REDD+

Carbon Removal

2022 -

1000

tCO2e offset

2022 -

1000

tCO2e offset

Rimba Raya Biodiversity Reserve, Indonesia

Quick View

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Highlights

2,657

2040

3

16

Emissions Breakdown

Emissions by Activity

Emissions by Scope

2019

2020

2021

2022

2023

Reduction Timeline

Impact

10,000

204o

10,000

10,000

204o

10,000

Atlas' Reports

Carbon Offset Portfolio

12%

64%

​

345

652

108

Portfolio Deep Dive

Project Spotlight