Summary
Honda has bought carbon credits from farmers in the United States to help offset its carbon emissions. This is part of Honda’s plan to become carbon neutral by 2050 and aids farmers by supporting sustainable farming practices. The project involves 150 farmers working on 214,000 acres across several states.
Key Facts
- Honda purchased carbon credits to offset 1,800 metric tons of carbon dioxide.
- The credits help farmers increase profits and improve soil health.
- Honda aims to achieve carbon neutrality by 2050.
- The project involves 150 farmers in Alabama, Indiana, North Carolina, Ohio, and South Carolina.
- Farmers generate carbon credits by using sustainable farming techniques.
- Soil carbon credits are certified and tradable under a cap and trade system.
- Honda estimates that these farming practices saved 69,000 gallons of water per metric ton of carbon removed.
- All credits are verified by Aster Global Environmental Solutions and issued by the Climate Action Reserve.
