Global business travel leader ATPI is strengthening sustainability initiatives within South America’s energy sector through the launch of a landmark carbon offset project in Brazil’s Acre state.
The project, backed by Brazil’s leading energy company Petrobras, will deliver clients a credible, locally aligned pathway to accelerate climate action and support industry decarbonisation goals.
This strategic addition to ATPI Halo, the company’s proprietary carbon measurement and offset platform, is made possible through a partnership with Respira International, a leading provider of high-quality, certified CO2 offset projects. The Envira REDD+ (Reducing Emissions from Deforestation and Forest Degradation) initiative is independently rated BBB by BeZero Carbon, one of the highest available scores in the voluntary carbon market, and holds Triple Gold certification from the Climate, Community & Biodiversity Standards (CCB).
Petrobras’ investment included the remaining volume from Envira carbon’s carbon credit issuances for 2020, along with a commitment of up to $120 million to strengthen Brazil’s carbon market. This project highlights the growing momentum within the industry for sustainable investment strategies that generate both environmental and community impact. The project has also received backing from both Netflix and Lavazza.
Located in Brazil’s Acre state along the Envira River, the initiative protects over 39,000 hectares of tropical rainforest – a region under pressure from cattle ranching, infrastructure expansion, and slash-and-burn agriculture. It not only preserves one of the most biodiverse ecosystems on the planet but also delivers long-term benefits to local communities through sustainable development and local governance, making it a high-impact, science-based solution for organisations seeking to offset hard-to-abate emissions.
With an indicative 2025 carbon credit price of US$12 per tonne, it provides an affordable, transparent offsetting option for energy companies and supply chain partners aiming to advance net-zero targets.
As the newest addition to ATPI Halo’s global carbon compensation portfolio, this initiative joins a suite of forestry and rehabilitation-based projects across Africa, Asia, Central America, and Europe. To date, ATPI Halo has sold 50,000+ carbon credits equivalent to offsetting 50k/tonnes of CO2 emissions, equivalent to the emissions from driving a gasoline car 250 million miles, or the energy required to power 9,870 homes for a year.
Commenting on the new initiative, director of ATPI Halo, Pippa Ganderton, said: “This is exactly the kind of project our clients have been asking for – credible, high-integrity solutions that deliver tangible environmental and social value. The addition of the Envira REDD+ initiative is especially meaningful for our client base with operations in South America, offering a powerful way to give back to those local communities. It not only supports biodiversity in the Amazon but also drives sustainable livelihoods and aligns with the growing emphasis on ESG performance across the industry.”
The addition of the Envira REDD+ project marks another significant step in ATPI’s ongoing mission to provide energy sector clients and beyond with practical, effective sustainability tools, empowering organisations to manage travel-related emissions while contributing to long-term, environmental and social progress.
