INSETTING VS OFFSETTING
Insetting - In 2015, Traffi partnered on an insetting project for the Reforestation of Degraded
Land (225 Hectares) in Sri Lanka. The sites have been regularly monitored and audited since 2018 in
accordance with the requirements of the ISO 14064-2 standard and adhering to the requirements of
the Verified Carbon Standard
Offsetting - Since 2019, we have supported the three following projects:
Micro Hydro electric supply (run of the river) in Hapugastenne and Hulu Ganga, Sri Lanka.
Floating solar installation in Telengana & Maharashtra State, India.
HFC 23 (refrigerant gas) removal in Rajasthan, India.
May 2024 PLANT sponsorship - Maskeliya Upcot Valley
Traffi is pleased to be able to announce it's sponsoring of a key part of the reforestation of a nine-kilometre section of the banks of the Maskeli Oya, a major upstream tributary of one of Sri Lanka's
most important rivers, the Kelani.
Connecting to the foothills of the Peak Wilderness Sanctuary, the initiative is supported as part of
the company's sustainability roadmap and will enhance water quality, reduce human animal conflict
and contribute to combating climate change as well.
The project, on land in the Maskeliya Upcot valley that is to be released for the purpose by the
Hayley Group's Horana Plantations PLC, is being executed and managed by Preserving Land and
Nature (Guarantee) Limited (PLANT), a company established by the
Wildlife and Nature Protection
Society (WNPS)
of Sri Lanka, Sri Lanka's largest and most active conservation entity. Click here to
watch a video explanation of the Wildlife and Nature Protection Society.
A memorandum of understanding entered into by Traffi and PLANT envisages the regeneration of
forest cover on 30 to 50 feet wide continuous strips of land on the opposing banks of the waterway.
Five project segments combine, forming a nine-kilometre forest corridor that will create over 50
hectares of new forest, with one of these segments funded by Traffi.
Insetting vs Offsetting
Carbon insetting involves integrating carbon reduction efforts directly into a company's own supply
chain or operations. Rather than relying solely on external projects to offset emissions, companies
implementing carbon insetting focus on reducing emissions within their own sphere of influence.
This can involve measures such as adopting more sustainable production processes, optimizing
transportation and logistics, improving energy efficiency, or investing in renewable energy sources
directly within their operations or supply chain. The goal of carbon insetting is to achieve emissions
reductions that are directly linked to a company's activities and to promote sustainability throughout
its operations.
Carbon offsetting, on the other hand, involves compensating for carbon emissions produced in one
location or by one activity by investing in projects that reduce or remove greenhouse gas emissions
elsewhere. These projects can include renewable energy initiatives (such as wind or solar farms),
reforestation efforts, energy efficiency programs, or projects that capture and store carbon dioxide,
among others. The idea is that the reduction or removal of emissions in one place can offset the
emissions produced elsewhere, thereby achieving a net reduction in overall emissions.
In summary, while carbon offsetting involves investing in external projects to compensate for
emissions produced elsewhere, carbon insetting focuses on implementing emissions reduction
measures within a company's own operations or supply chain. Both strategies play a role in efforts
to combat climate change by reducing overall greenhouse gas emissions.
