Will Solutions distributes $2.1M to Que. SMEs that are reducing GHG emissions
by CM Staff
These carbon credits come from SMEs that are members and partners of Will's "Sustainable Community" project, registered under the VCS program, for the purpose of accelerating climate action across Quebec's industrial sector.
BELOEIL — A certified B Corp company specializing in carbon reduction and carbon credits since 2007, Will Solutions (Will) is allocating 40% of the carbon credit sales it has made locally and on international markets over the past year to Quebec SMEs. These carbon credits come from SMEs that are members and partners of Will’s “Sustainable Community” project, registered under the VCS program, for the purpose of accelerating climate action across Quebec’s industrial sector. The amount awarded in 2023 is $2.1 million CDN.
This distribution in the emerging landscape of the carbon credit economy aims to finance the sustained efforts of SMEs, NPOs and local communities who trust Will to measure their carbon footprint, suggest solutions to reduce their GHGs, quantify, verify and serialize all these reductions at no cost to SMEs via the internationally recognized Verified Carbon Standard (VCS) program. As mentioned, the carbon credits are then resold on various markets, mainly in North America and Europe.
Compared with previous revenue distributions, revenues returned to members this year increased by 152%. The growth of the company, the increase in demand for carbon credits and the rise in the average selling price explain the scale of this distribution. Will Solutions forecasts a continuous increase in its revenue distributions until 2030. Since 2015, a total of $3.8 M CDN has been returned to Quebec companies and organizations in the Quebec Sustainable Community.
“We are proud to announce this historic distribution of CAD 2.1 million to our members, and to highlight their commitment to climate action. As developers of carbon reduction projects, they contribute to reducing greenhouse gas emissions at the source, which is an essential step for global decarbonization and the green transition. Their role is crucial if we are to achieve our climate targets and limit global warming to +1.5°C. Finally, as pioneers of decarbonization in their respective sectors of activity, they are paving the way towards more exemplary business models and brand positioning, in response to growing market demand for eco-responsible products and services.” says Martin Clermont, president and founder of Will Solutions.
