We're thrilled to announce that Therm has been honored with the American Carbon Registry's Corporate Excellence Award for our work as a frontrunner in facilitating supermarkets’ and grocery stores’ transition to low-GWP refrigerants using carbon market finance based on ACR’s Advanced Refrigeration Systems (ARS) methodology. This prestigious award recognizes companies with exceptional leadership and achievement in reducing carbon emissions.
In only a year, Therm has worked with dozens of organizations to reduce more than half a million metric tons of CO2e, issued by ACR as verified carbon credits and marketed by Therm as Refrigerant Carbon Credits™ (RCCs). For these facilities, carbon markets have provided crucial additional financing for the transition to climate-friendly refrigeration, which can traditionally cost upwards of a million dollars per store for complete system replacement.
Therm is working with hundreds of more stores and food distributors to help them access carbon market finance to lower the financial costs of and accelerate the transition to low-GWP refrigeration systems. With less than 2% of the 45,000+ supermarket and grocery stores in the U.S. using climate-friendly refrigerants(EPA Greenchill), the potential for these stores to contribute to emission reductions in this critical decade is immense.
“ACR’s proven track record of integrity and excellence has been crucial to the success of Refrigerant Carbon Credits™,” said Fritz Troller, CEO of Therm. “Partnering with an established and distinguished registry is the first step in creating high-value credits. The unique nature of our program empowers smaller, local grocery stores to take part in large-scale, permanent, and immediate environmental action. RCCs’ undisputed permanence and quality drive a premium carbon credit price, further accelerating the transition to climate-friendly refrigerants.”
Therm's Refrigerant Carbon Credits™ program is a groundbreaking initiative that incentivizes companies to reduce their carbon emissions by choosing climate-friendly refrigerants. By participating in our program, companies can earn carbon credits that are sold on the carbon market, generating revenue and contributing to a more sustainable future.
We're proud to be at the forefront of this important effort to combat climate change, and we're honored to be recognized for our work. The Corporate Excellence Award is a testament to the dedication and hard work of our team, as well as the commitment of our partners and clients to building a better world.
If you're interested in learning more about Therm's award-winning Refrigerant Carbon Credits™ program, we invite you to explore our website or contact us directly. Together, we can make a real difference in the fight against climate change.
Refrigerant Carbon Credits™ is a trademark of Therm Solutions, Inc. All rights reserved.