Commercial, GHG Emissions  -  June 15, 2021

RIMES Reaches Lifetime Carbon Negativity with Offsets

RIMES Technologies announced June 15 that it has been certified as carbon negative and has offset all of its emissions since its creation in 1996.

The certification was provided to the financial data services provider by Carbon Footprint, which helped with the offsetting process. The official designation they provided to RIMES was “Carbon Neutral Plus,” a label that is equivalent to carbon negative.

“Sustainable business is increasingly important to our investment management clients, our employees and other stakeholders,” Lyndsey Higgins, head of business services at RIMES, said in a statement. “By offsetting our total carbon emissions, we have taken a big step forward in our broader Environmental, Social and Governance goals, which are being driven internally by our steering committee. By committing to carbon neutrality, we are ensuring that RIMES – and by extension our clients – are at the forefront of sustainable business and able to deliver maximum value with minimal impact on the environment.”

RIMES achieved this goal through investments in projects that add renewable energy to the grid in Indonesia and the Philippines, increase efficient cooking alternatives to rural communities in India and China and support the preservation of the Amazon Rainforest and other forests. 

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