OCP Sustainability: Environmental and Social Strategy

Sustainability / Environmental Impact

As a business in the voluntary carbon market, our work is built upon the notion that companies must take measures to limit their carbon emission footprint. Despite being a small company with no scope 1 emissions, we decided to implement best practices to take stock of our emissions footprint, think of ways to reduce it and purchase carbon credits.

We believe that carbon emissions should be considered an environmental liability, and should be calculated and incorporated into the balance sheet by the CFO. Our CFO went through the process of calculating our emissions for us. See her journey: here.

Calculating Our Emissions Footprint

In order to calculate our emissions footprint, we used the Normative calculator as a starting point. After getting initial estimations, we dug into the underlying calculation methods in order to corroborate the findings and established our estimations.

In order to manage our footprint, we have built and will continue to maintain an environmental ledger to account for our emissions and balance them with carbon credits from our OSE bundle. Our environmental assets consist of Tradewater's refrigerant destruction process from Thailand and Honduras, along with Kayseri Molu landfill project. We've also engaged in discussions with our vendors about their footprint, and directed our landlord to building efficiency startups.

There are no other direct adverse environmental impacts from our operations aside from carbon emissions, (i.e. impacts to nature or biodiversity).

Governance:

We are overseen by a board to ensure success, along with provide guidance and support when needed to address grievances and problems as they arise. We're built on the notion that decisions should be made transparently in discussion with our board of industry professionals. See our board structure in the Governance tab.

Social

We are committed to creating a positive and inclusive work environment and acknowledge our positioning and power in the environmental space.

We work with TriNet and have used them in completing DEI training. We value diversity in perspectives and practice an inclusive work culture, along with ensure equal opportunities and hiring practices for all employees, regardless of race, gender, age disability or background.

We offer:

Fair Wages and Benefits: Competitive salaries, health benefits, and wellness programs to support our employees' physical and mental health.

Work-Life Balance: Flexible working hours and remote work options to help employees balance their professional and personal lives.

Community Engagement and Support

We are having an ongoing conversation about the method to use our capital to drive the biggest impact. This could include something along the lines of a profit cap, where we use excess profits towards reinvestment into a fund meant to fuel the ecosystem.