INSETTING VS OFFSETTING
Insetting
In 2015, Traffi partnered on an insetting project focused on the reforestation of 225 hectares of degraded land in Sri Lanka. The sites have been continuously monitored and audited since 2018 in line with the requirements of the ISO 14064-2 standard and the Verified Carbon Standard. This long-term work supports landscape restoration within our wider supply chain and contributes to environmental improvement where our partners operate.
Offsetting
Since 2019, Traffi has contributed to several recognised environmental projects that support global climate mitigation. These include:
Micro hydroelectric projects in Hapugastenne and Hulu Ganga in Sri Lanka
Floating solar installations in Telengana and Maharashtra in India
Refrigerant gas removal programmes targeting HFC 23 in Rajasthan in India
Each project is independently managed and verified, and supports wider climate and community benefits beyond our direct operations.
May 2024: PLANT Sponsorship in the Maskeliya Upcot Valley
Traffi is pleased to support a significant reforestation initiative along a nine kilometre stretch of the Maskeli Oya, a major upstream tributary of the Kelani River in Sri Lanka.
Located at the foothills of the Peak Wilderness Sanctuary, this project forms part of our sustainability roadmap and contributes to improved water quality, reduced human and wildlife conflict and enhanced ecosystem resilience.
The work is being carried out by Preserving Land and Nature (Guarantee) Limited, known as PLANT, a conservation organisation established by the Wildlife and Nature Protection Society of Sri Lanka. The land for this programme has been made available by the Hayleys Group's Horana Plantations PLC.
Under a memorandum of understanding between Traffi and PLANT, the initiative will regenerate forest cover along continuous strips of land on both sides of the waterway. Five segments will form a connected nine kilometre forest corridor that will create more than 50 hectares of new forest. One of these segments is funded by Traffi.
Understanding Insetting and Offsetting
Insetting refers to environmental projects that take place within a company's own operations, supply chain or areas of influence. The intention is to support improvements that have a direct connection to the company's activities. Examples include more responsible production practices, improved transportation efficiencies, renewable energy adoption and initiatives that generate positive change within supplier communities.
Offsetting involves supporting environmental projects that reduce or remove emissions in locations that are not directly part of a company's operations. These projects can include renewable energy facilities, forest restoration programmes, community energy initiatives or activities that safely capture or avoid greenhouse gas emissions.
Both approaches contribute to broader climate action. Insetting strengthens sustainability within a company's own value chain, while offsetting supports verified environmental improvements in other parts of the world. Together, they form complementary tools that help organisations take responsibility for their wider environmental impact.
