Karbon-X Project Inc.
29.5.2024 20:47:09 CEST | ACCESS Newswire | Press release
Preserving Nature Through Sport
CALGARY, AB / ACCESSWIRE / May 29, 2024 / Karbon-X (OTC PINK:KARX), a leading provider of carbon offset solutions, is proud to announce its partnership with the Banff Marathon to offset the environmental impact of the event. Through this collaboration, Karbon-X will neutralize the carbon footprint of the Banff Marathon, ensuring a more sustainable and eco-friendlier race.
The Banff Marathon, known for its breathtaking scenery and challenging courses, attracts participants from around the globe. Recognizing the importance of environmental responsibility, event organizers enlisted the expertise of Brightspot, a sustainability consulting firm, to measure the environmental footprint of the marathon.
Brightspot climate conducted a comprehensive assessment of the event, analyzing factors such as transportation, energy consumption, and waste generation. The findings highlighted the significant carbon emissions associated with hosting such a large-scale event in a pristine natural environment like Banff National Park.
To mitigate these emissions, the Banff Marathon turned to Karbon-X for a solution. Leveraging its extensive portfolio of verified carbon offset projects, Karbon-X used the data collected by Brightspot Climate and provided 956 VERRA carbon credits to offset it. These offsets represent investments in projects that reduce or remove greenhouse gas emissions, such as renewable energy generation or cookstove initiatives in the developing world.
"We are thrilled to partner with the Banff Marathon to support their sustainability goals," said Chad Clovis, CEO of Karbon-X. "By offsetting the environmental impact of the event with verified carbon offsets, we are taking proactive steps to protect the pristine beauty of Banff National Park and contribute to global climate action."
The partnership between Karbon-X and the Banff Marathon reflects a growing trend in the event industry towards sustainability and environmental stewardship. As more organizations prioritize eco-friendly practices, carbon offsetting has emerged as a practical and effective strategy for reducing environmental impact and promoting a more sustainable future.
"We are committed to minimizing our environmental footprint and the preservation of Banff National Park," said Paul Regensburg, Event Director of the Banff Marathon. "Partnering with Karbon-X to offset our carbon emissions is a crucial step towards achieving our sustainability objectives and setting a positive example for other events around the world."
For more information about Karbon-X and its carbon offset solutions, visit www.karbon-x.com
About Karbon-X: Karbon-X is a leading provider of carbon offset solutions, specializing in helping organizations reduce their carbon footprint and support sustainability initiatives. Through a diverse portfolio of verified carbon offset projects, Karbon-X enables businesses, events, and individuals to mitigate their environmental impact and contribute to global climate action.
About the Banff Marathon: The Banff Marathon is an annual running event held in Banff National Park, Alberta, Canada. Known for its stunning scenery and challenging courses, the Banff Marathon attracts runners from around the world. The event is committed to promoting sustainability and minimizing its environmental footprint through various initiatives and partnerships.
About Brightspot Climate: Brightspot Climate Inc. is an independent climate change and energy consultancy that works collaboratively with industry experts, community stakeholders, and project developers to apply innovative and efficient solutions to mitigating climate change.
Media Contact:
Daniel Haigh
DH@karbon-x.com
1-587-577-3863
Head of Marketing
Karbon-X
SOURCE: Karbon-X Project Inc.
View the original press release on accesswire.com
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
TruMerit and Credivera Issue First Verifiable Digital Credentials for Global Healthcare Professionals8.5.2026 16:00:00 CEST | Press release
PHILADELPHIA, PA / ACCESS Newswire / May 8, 2026 / TruMerit, a global leader in healthcare workforce development and credential verification, today announced that it has issued its first verifiable digital credentials to healthcare professionals through a new partnership with Credivera, marking a major step forward in secure, portable credential verification for the global healthcare workforce. The first group of digital credentials has been awarded to nurses and other healthcare professionals who successfully passed TruMerit's global certification examinations over the last year. These include the Certified Global Nurse credential and credentials tailored for nurses and other healthcare workers specializing in rehabilitation care. These secure credentials can now be stored, managed, and shared digitally, allowing employers, regulators, and licensing authorities to instantly verify professional qualifications. Through Credivera's secure credential exchange platform, TruMerit credential
MicroVision and Avular Collaborate to Advance Autonomous Sensing and Drone Integration for Next-Generation Infrastructure Applications7.5.2026 22:05:00 CEST | Press release
Integrated lidar and modular drone platforms enable scalable autonomy, mapping, and navigation across complex real-world environments REDMOND, WA AND EINDHOVEN, THE NETHERLANDS / ACCESS Newswire / May 7, 2026 / MicroVision, Inc., (Nasdaq:MVIS), a leader in advanced perception solutions, today announced the signing of a Memorandum of Understanding (MoU) with Avular Innovations B.V. to integrate their technologies and accelerate the development of next-generation autonomous systems for civil infrastructure and global commercial applications. By combining MicroVision's high-performance, solid-state lidar, optimized for reduced energy usage and increased operational efficiency, with Avular's modular drone platforms and system integration expertise, the companies are creating a flexible, scalable solution designed to address real-world operational challenges across global markets. The collaboration focuses on delivering advanced capabilities, including autonomous mission execution in GPS-de
Innodata Reports Record First Quarter 2026 Results7.5.2026 22:05:00 CEST | Press release
Revenue Up 54% Year-Over-Year, Beats Consensus by 18% Adjusted EBITDA of $25.0 Million Beats Consensus by 139%; Adjusted Gross Margin Expands to 47% Raises Full-Year 2026 Revenue Growth Guidance to ~40% or More, Up From ~35% or More Announces New Engagements With Big Tech Company Expected to Generate Approximately $51 Million of Revenue in 2026 NEW YORK, NY / ACCESS Newswire / May 7, 2026 / INNODATA INC. (Nasdaq:INOD) today reported results for the first quarter ended March 31, 2026. Revenue of $90.1 million, representing 54% year-over-year revenue growth. Adjusted Gross Profit of $42.6 million, representing Adjusted Gross Margin of 47%.* Adjusted EBITDA of $25.0 million, or 28% of revenue, an increase of $12.3 million from $12.7 million in the same period last year.* Net income of $14.9 million, or $0.46 per basic share and $0.42 per diluted share, compared to net income of $7.8 million, or $0.25 per basic share and $0.22 per diluted share, in the same period last year. Cash, cash equ
Ostathi, Operated by UniHouse, Pioneers the Middle East's First Digital Infrastructure Linking Structured Workforce Development to Verified Income7.5.2026 18:30:00 CEST | Press release
World Bank and Jordan Ministry of Digital Economy-Funded Programme - Delivering the Region's First Auditable Connection Between Structured Capacity Development and Verified Income LONDON, UK / ACCESS Newswire / May 7, 2026 / Ostathi, owned and operated by UniHouse, today announced the live national deployment of a proprietary digital ledger infrastructure in Jordan - a first-of-its-kind system across the Middle East and Africa that connects an individual's structured capacity development, competency certification, gig economy and marketplace participation, and income generation into a single, auditable digital chain, integrated directly with regulated national fintech platforms. Ostathi Jordan - live deployment under the World Bank Youth, Technology and Jobs programme in partnership with Jordan's Ministry of Digital Economy and Entrepreneurship. The deployment is funded under the World Bank Youth, Technology and Jobs (YTJ) Project in partnership with Jordan's Ministry of Digital Econom
Loar Holdings Inc. Reports Q1 2026 Record Results and Upward Revision to 2026 Outlook7.5.2026 14:30:00 CEST | Press release
WHITE PLAINS, NY / ACCESS Newswire / May 7, 2026 / Loar Holdings Inc. (NYSE:LOAR) (the "Company," "Loar," "we," "us" and "our"), reported record results for the first quarter of 2026. First Quarter 2026 Net sales of $156.1 million, up 36.1% compared to the prior year's quarter. Net income of $11.1 million, compared to $15.3 million for the prior year's quarter, primarily resulting from higher interest, higher non-cash amortization of acquired intangible assets, and the non-recurring non-cash recognition of inventory step-up related to the LMB and Harper Engineering acquisitions. Diluted earnings per share of $0.12 compared to $0.16 for the prior year's quarter, primarily resulting from higher interest, higher amortization of acquired intangible assets, and the non-recurring non-cash recognition of inventory step-up related to the LMB and Harper Engineering acquisitions. Adjusted EBITDA of $63.2 million, up 46.6% compared to the prior year's quarter. Net income margin of 7.1% compared t
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom