Hyphen’s Journey to Carbon Neutrality: A Commitment to Sustainability and Social Impact

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May 07, 2024 3 min read
by Richard Lee

At Hyphen we believe that businesses have a responsibility to not only prioritize profits but also to contribute positively to society and the environment. That’s why we are proud to announce our progress towards becoming a Carbon Neutral company, as part of our broader commitment to sustainability, ethical business practices, and giving back to the communities we serve.

As we embark our journey toward becoming a B Corp certified company, we recognize the importance of reducing our environmental footprint and mitigating our carbon emissions. To achieve this, we have taken proactive steps to address both Scope 1 and Scope 2 emissions within our operations. Scope 1 emissions are direct greenhouse (GHG) emissions from sources controlled or owned by us, such as fuel combustion in boilers and vehicles, and Scope 2 emissions are indirect emissions associated with purchased electricity, and the result of our overall energy use.

We are also actively working towards addressing Scope 3 emissions, which encompass the indirect emissions generated throughout our value chain. While these emissions present a more complex challenge to quantify and mitigate, we are committed to identifying and implementing strategies to reduce our carbon footprint across our entire supply chain.

Supporting carbon offset projects 🌎

We are proud to have invested in carbon offset projects that support some very worthy causes around the globe. These projects not only help to mitigate our remaining carbon footprint but also create meaningful social and environmental impact in the communities where they operate.

For instance, our support for the Mozambique Safe Water Project not only helps to provide clean and safe water to communities but also reduces the reliance on firewood for water purification, thereby saving thousands of tonnes of CO2 emissions annually. 

Over 700 million Africans cook on open fires, which are extremely inefficient and a primary cause of deforestation across the continent. Open fire cooking is also the leading source of household air pollution (HAP), causing over 4 million premature deaths each year, more than tuberculosis and HIV combined. Rocket stoves can reduce HAP by up to 50% and fuel use by up to 70%. TASC has distributed over 145,000 stoves in rural Zambia and reduced CO2 emissions by over 750,000 tonnes to date.

Similarly, our investment in the Betulia Energy and Biodiversity Restoration Project in Honduras is not only providing renewable energy to local communities but also contributing to biodiversity conservation and reducing deforestation pressures. 

Our contributions to projects like the Institutional Improved Cookstoves for Schools and Institutions in Uganda and Improved Cookstoves for Rural Zambia are helping to improve indoor air quality, reduce fuel consumption, and alleviate the burden on women and children who typically spend hours collecting firewood for cooking. 

A lack of access to electrical energy is a major issue in the north region of the Republic of Honduras. 

We are also proud to support the Uganda Gender Responsive Safe Water Project, which aims to provide access to safe water while addressing gender inequalities and empowering communities.

You can also make a difference 🌱

If you share our passion for sustainability and social impact and would like to support these causes or others like them, we encourage you to visit the Gold Standard marketplace and learn more about how you can make a difference.

At Hyphen, we believe that by taking collective action and embracing sustainable practices, we can create a brighter and more equitable future for generations to come. Join us on our journey towards carbon neutrality and together, let’s make a positive impact on the world.

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