Canadian Carbon Offset Innovator, Carbon RX Inc. Achieves Pending B Corp Status
Regina, SK – TheNewswire - June 11, 2024 – A Canadian carbon offset company, Carbon RX Inc. (“Carbon RX”), has met the threshold to be a qualified B Corp by achieving Pending B Corp status. This achievement marks the company's commitment to the highest standards of social and environmental performance, accountability, and transparency.
To earn this status, Carbon RX has met the legal accountability requirement for B Corp Certification and has completed a prospective B Impact Assessment. This rigorous assessment evaluates a company's impact on its workers, customers, community, and environment, affirming Carbon RX's dedication to ethical business practices.
"This Pending B Corp status is a major milestone for Carbon RX," said Marty Seymour, CEO of Carbon RX. "It aligns perfectly with our mission to drive emissions reductions through innovative carbon offset solutions. By integrating these high standards into our operations, we not only enhance our impact but also strengthen our commitment to supporting First Nations, underserved communities and promoting environmental conservation."
Pending B Corp status positions Carbon RX on the path to full B Corp Certification, providing the company with the tools to measure and improve its impact continuously. This recognition underscores Carbon RX's role as a player in the carbon offset industry, committed to creating positive change through its practices.
As Carbon RX progresses towards full B Corp certification, the company remains dedicated to generating and selling carbon credits from nature-based projects, including those involving Canadian farms and First Nation communities. This approach supports environmental conservation while promoting the economic self-sufficiency of underserved populations.
About Carbon RX
Headquartered on Treaty 4 Territory in Regina, SK, Carbon RX specializes in the origination and streaming of carbon credits. Backed by a team of agriculture, forestry, and hydrocarbon experts, Carbon RX provides high-fidelity carbon credits to the international voluntary carbon market, ultimately aiding Canada in the race to net-zero emissions.
For more information, visit carbonrx.com.
For media inquiries
Carson Sinclair
Cell: 306-690-9235
E‐mail: carson.sinclair@carbonrx.com
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which are based upon Delta CleanTech Inc. (“Delta”) and Carbon RX (Delta’s subsidiary), current internal expectations, estimates, projections, assumptions and beliefs and views of future events. All statements other than statements of historical fact are forward-looking information. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "might", "will", "shall", "should", "intend", "anticipate", "project", "contemplate", "continue", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. Forward-looking information include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance, or other statements that are not statements of fact. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Carbon RX does not undertake any obligations to publicly update or revise any forward-looking information except as required by securities law.
The CSE does not accept responsibility for the adequacy or accuracy of this release.