| 19.01.2022

Step into carbon neutrality with Hanken

In 2019 Hanken committed to be carbon neutral by 2030. As a step towards that goal, we have now compensated for our calculated emissions from 2020.

Hanken’s calculated carbon dioxide emissions from 2020 are 266,14 tonnes. This includes the emissions from air travel, energy consumption, generated waste, and electronic procurements. This year air travel was 22% of the emissions, which is significantly lower than the almost 75% of the emissions in 2019.

Almost half of Hanken’s emissions in 2020 was generated from energy consumption. Even though the emissions in 2020 were significantly lower than in previous years due to the pandemic, we will continue to focus on reducing our CO2e emissions when regular university activities pick up.

Hanken has like last year used a Gold Standard certified project, WithOneSeed Community Forest Programme in Timor-Leste, to compensate for its carbon dioxide emissions.

WithOneSeed is a community forestry project focused on forestation in a tropical region along with improving the resilience of local subsistence communities. The project has removed 50,000+ tonnes Co2 emissions from the global atmosphere and has achieved the internationally certified carbon forestry program under the Gold Standard Foundation

“The WithOneSeed project not only helps small communities meet UN Sustainable Development Goals, but it is an excellent example of these communities making a global impact. Hanken has again chosen WithOneSeed for our 2020 carbon compensation as we continue to see the local and global value such a project brings", says David Grant, Dean of Research and Societal Impact.

As many new innovative less carbon intensive opportunities have surfaced, partly due to the pandemic, Hanken will continue to develop new strategies to reach carbon neutrality by 2030. As a next step in our carbon offsetting, we are exploring the possibility of including more categories in our carbon footprint calculations and compensation to take us closer to our 2030 carbon neutrality goal and support reduction efforts.