ClimeCo Named on Inc. Magazine’s 2021 Best in Business List for Environmental Services
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BOYERTOWN, Pennsylvania (Nov. 16, 2021) – ClimeCo, a leader in the development and management of environmental commodities, is pleased to announce the formation of a strategic partnership with Heng Hiap Industries (HHI), an advanced recycled plastic manufacturer. Determined to prevent plastic from ending up in the world’s oceans and landfills, HHI pledges to recycle 30,000 tonnes of Ocean Bound Plastic (OBP) by 2025. Their current focus is to recover and remove OBP from Malaysia’s shorelines, rivers, islands, and coastal communities. Malaysia is ranked 5th globally for ocean plastic waste.
“ClimeCo is excited to partner with HHI to recover thousands of tonnes of OBP waste,” said Chris Parker, Director of ClimeCo’s Plastic Program. “While providing a productive next life for the removed plastic, HHI’s operations will benefit coastal fishing and ecotourism communities by protecting the local marine biodiversity.”
Rooted in their belief that plastic is a resource, HHI converts OBP to upcycled finished goods, such as Louvre chairs and other household items. This operation creates a fully sustainable, closed-loop system where resources are reused and recycled as part of its circular design and solutions.
“We are living in a decisive decade where the future is not yet determined and it depends on how we play our cards,” said Kian Seah, CEO of HHI. “We could continue to destabilize the planet until the point of no return, or we could respond in a united front to reverse the damage. All effort in achieving plastic neutrality to offset the plastic footprint is the first step towards a smart plastic neutral society. We are honored to collaborate with like–minded partners who are believers and game–changers to enable a cleaner, safer and happier planet which will benefit us all.”
HHI is the first company to globally receive the prestigious OBP certification by Zero Plastic Oceans and 3rd party verification and auditing performed by the leading global certification specialists, Control Union Certifications. ClimeCo is proud to exclusively market the plastic credits generated by this project to help fund future plastic waste neutralization efforts and potential expansion project opportunities.
About Heng Hiap Industries
Heng Hiap Industries is an advanced recycled plastic manufacturer that seeks better ways to optimize plastic to prevent it from ending up in the world’s oceans and landfills. Their primary focus is to recover and recycle ocean bound plastic waste and give it a productive next life as chairs or other household items.
ClimeCo is a respected advisor, transaction facilitator, trader, and developer of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs. Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.
ClimeCo, a leader in the development and management of environmental commodities, is pleased to announce the formation of a partnership with 3GreenTree Ecosystem Service Ltd. (3GreenTree). As experts in nature-based solutions, they work with forward-thinking clients to identify, develop, and manage forestland projects. In addition, 3GreenTree designs, develops, and monetizes revenue streams to realize total natural asset value.
“3GreenTree’s impressive expertise complements and expands ClimeCo’s capabilities in exciting ways,” says Lauren Mechak, Director, Program Development at ClimeCo. “We are thrilled to have them as a partner and look forward to seeing how this collaboration will create value for our clients.”
3GreenTree pioneered Verra’s Improved Forest Management in Temperate and Boreal Forests Methodology (VM0012), a foundational document of the Afognak Forest Carbon Project (Afognak). Various clients of ClimeCo, such as musicians, travel agencies, and energy companies, have used Afognak to mitigate their carbon emissions. There is great excitement to collaborate on future forestry opportunities from both ClimeCo and 3GreenTree.
“ClimeCo is an industry leader in the environmental commodity marketplace, and 3GreenTree are experts in forest carbon project development,” Says Clive Welham, Founding Partner of 3GreenTree. “This partnership offers turn-key solutions and will allow clients to realize the full suite of benefits from nature-based projects. We are excited about the potential this relationship provides.”
With ClimeCo’s leadership with the carbon registry, marketing, monetization, and capital investment capabilities, and 3GreenTree’s project feasibility, design, and management expertise, the alignment of this partnership will deliver substantial value. 3GreenTree’s expertise in forest carbon offset development and knowledge of the Canadian compliance and voluntary markets make for an excellent partner in ClimeCo’s growth in Canada.
3GreenTree works with forward-thinking clients to identify, develop, and manage forestlands. As an expert in nature-based solutions, 3GreenTree can design, develop and monetize revenue streams to realize full natural-asset value.
ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs. Complimenting these programs is a team of professionals skilled in providing sustainability program management services and developing and financing of GHG abatement and mitigation systems.