Denis Creighton is the CEO of IMPT, a carbon-offsetting ecosystem designed to connect global retail brands with socially responsible individuals and businesses seeking to reduce their carbon footprint.
Why you should listen Described as the Planet's Loyalty Programme, IIMPT is a carbon-offsetting ecosystem designed to connect retail brands with socially responsible individuals and businesses seeking to reduce their carbon footprint.
Carbon offsetting is a mechanism that allows individuals, organizations, or companies to compensate for their greenhouse gas (GHG) emissions by funding projects that reduce or remove an equivalent amount of emissions elsewhere. The idea behind carbon offsetting is to achieve carbon neutrality, where the total emissions produced are balanced by an equivalent reduction in emissions or removal of carbon dioxide from the atmosphere.
While carbon offsetting can play a role in mitigating climate change, its effectiveness and impact can vary depending on several factors. IMPT’s tech stack demonstrates the value of Web3 by aiming to unlock transparency and verification in the carbon credit industry.
IMPT aims to disrupt two areas: online retail shopping and the carbon credits industry. IMPT has the power to give socially conscious shoppers the ability to make a difference by reducing their carbon footprint through easy and adaptable ways. With the carbon credits sector — by using the benefits of the blockchain and the non-fungible token (NFT) process IMPT aims to build a credible and transparent ecosystem.
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