• April 29, 2024

Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, lets you turn your loyalty into sustainability with its Caltex Carbon Offset Program.

This initiative—launched in Singapore and Malaysia in 2022 and 2023, respectively—allows you to participate in efforts to offset a portion of certain carbon dioxide equivalent emission by contributing your Caltex Rewards points.

If you’re a Caltex Rewards member, you can redeem loyalty points in exchange for Carbon Offset vouchers on the CaltexGO app. These points can then be converted into cash value and used by Caltex and its affiliates to invest in verified sustainability projects.  

A carbon offset is a reduction of greenhouse gas emissions by balancing one’s current carbon emissions through land conservation or restoration, sustainable energy investments, and tree planting. Companies and individuals can purchase certificates by investing in activities that lower carbon dioxide (CO2) in the atmosphere.

Chevron will invest the redeemed loyalty points’ equivalent value to two of its chosen carbon offset projects in Indonesia and Cambodia.

The Rimba Raya Biodiversity Reserve Project in Central Kalimantan aims to cut Indonesia’s emissions and safeguard 64,000 hectares of tropical peat swamp forest. This area, rich in biodiversity and home to the endangered Bornean orangutan, helps maintain the integrity of the Tanjung Putting National Park.

Meanwhile, the Reduced Emissions from Deforestation and Degradation in Seima Protection Forest, Cambodia spans over 290,000 hectares, and is home to diverse wildlife. It has stopped over 20 million tons of CO2 emissions and saved 25,000 hectares of forest. The project has also generated jobs and set up ecotourism to aid the local community.

These projects have been registered, validated, and verified by the Verified Carbon Standard (VCS) program, the world’s most widely used Greenhouse gases (GHG) crediting program.

The Caltex Carbon Offset Program, along with other carbon reduction projects, is part of Chevron’s net zero aspiration for equity upstream Scope 1 and 2 emissions by 2050. 

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