Windmills on mountaintop

Day in the Life of a CORC

How One Company's Investment Helps Create a Greener Tomorrow

Nasdaq believes in the power of carbon markets and carbon removal platforms. As a leading global exchange and innovative technology company, we are leveraging our marketplace technology to bring these markets to scale, build their integrity across the globe and help innovate the future of carbon removal.  

To aid this effort, we wanted to show just how a company strives for net-zero through carbon offsets and removal credits, with a Day in the Life journey of how one company's investment is helping to create a greener future. 

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Reducing GHG Emissions

After reducing operational carbon emissions, a Nasdaq-listed company looks to compensate for residual emissions.

The company is looking to create a diversified portfolio of traditional carbon credits and permanent carbon removals.  

Learn More About How Nasdaq is Scaling Carbon Markets  ->

After reducing operational carbon emissions, a Nasdaq-listed company looks to compensate for residual emissions.

The company is looking to create a diversified portfolio of traditional carbon credits and permanent carbon removals.  

Learn More About How Nasdaq is Scaling Carbon Markets  ->

CIX + Puro.earth

The company researches verifiable, endorsed carbon offset and removal organizations. It finds Puro.earth and Climate Impact X (CIX) and is interested in learning more about Puro.earth, one of the world's leading crediting platforms for engineered carbon removal.  

Discover Puro.earth -> Discover Climate Impact X ->

The company researches verifiable, endorsed carbon offset and removal organizations. It finds Puro.earth and Climate Impact X (CIX) and is interested in learning more about Puro.earth, one of the world's leading crediting platforms for engineered carbon removal.  

Discover Puro.earth -> Discover Climate Impact X ->
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The Puro Standard

This Nasdaq-listed company wants to ensure its purchase of Puro.earth's Carbon Removal Credits (CORCs) will hold up to international standards. 

The company investigates Puro.earth's Standard and learns: 

  • The Puro Standard only credits carbon net removals with high durability. 
  • The Puro Standard requires third-party independent verifiers to audit carbon removal project facilities and sites.  
  • Puro.earth is endorsed by Internationally accredited agencies like the International Carbon Reduction and Offset Alliance (ICROA). 
Learn More About the Puro Standard for Carbon Removal  ->

This Nasdaq-listed company wants to ensure its purchase of Puro.earth's Carbon Removal Credits (CORCs) will hold up to international standards. 

The company investigates Puro.earth's Standard and learns: 

  • The Puro Standard only credits carbon net removals with high durability. 
  • The Puro Standard requires third-party independent verifiers to audit carbon removal project facilities and sites.  
  • Puro.earth is endorsed by Internationally accredited agencies like the International Carbon Reduction and Offset Alliance (ICROA). 
Learn More About the Puro Standard for Carbon Removal  ->

Carbon Removal Suppliers

After the Nasdaq-listed company is satisfied with the Puro Standard, it selects its CO2 Removal Certificate (CORC) from a list of third-party, verified carbon removal suppliers. 

The company decides biochar is its preferred method of carbon removal because: 

  • It is a trusted carbon removal source.
  • It has guaranteed permanence of 100+ years.
  • Positive Impact Beyond Carbon: It can contribute to up to 12 out of 17 of the U.N.'s sustainability Development Goals.
Learn More About Puro.earth's Carbon Removal Suppliers  ->

After the Nasdaq-listed company is satisfied with the Puro Standard, it selects its CO2 Removal Certificate (CORC) from a list of third-party, verified carbon removal suppliers. 

The company decides biochar is its preferred method of carbon removal because: 

  • It is a trusted carbon removal source.
  • It has guaranteed permanence of 100+ years.
  • Positive Impact Beyond Carbon: It can contribute to up to 12 out of 17 of the U.N.'s sustainability Development Goals.
Learn More About Puro.earth's Carbon Removal Suppliers  ->
DIL_CORC_Graphic 5

What is Biochar?

Biochar is obtained from heating biomass (wood, leaves, straw, or other biosolids) at high temperatures without oxygen. This process concentrates carbon in a form that is very resistant to biological decomposition. Biochar can then be used for agricultural and industrial purposes, such as enhancing the quality of soils or removing pollutants from wastewater.  

Learn More About Biochar ->

Biochar is obtained from heating biomass (wood, leaves, straw, or other biosolids) at high temperatures without oxygen. This process concentrates carbon in a form that is very resistant to biological decomposition. Biochar can then be used for agricultural and industrial purposes, such as enhancing the quality of soils or removing pollutants from wastewater.  

Learn More About Biochar ->

How Biochar Fights Climate Change

The Nasdaq-Listed Company chooses from Puro.earth’s many biochar suppliers, purchasing carbon removal certificates created when the supplier adds biochar to a permanent carbon sink (e.g., in soil or concrete). A CORC is generated for every metric ton of carbon removed through the biochar production process, and the CORC is provided to the company on purchase. 

Beyond a CORC, the biochar process can create a multitude of other climate-friendly outcomes:

  • The creation of Carbon Removal Parks.
  • The production of regenerative, climate-neutral surplus energy for local companies or municipal utilities.  
  • An aid in Regenerative Farming
  • A carbon filter for Water Treatment
Learn More About the Role of Biochar in Fighting Climate Change  ->

The Nasdaq-Listed Company chooses from Puro.earth’s many biochar suppliers, purchasing carbon removal certificates created when the supplier adds biochar to a permanent carbon sink (e.g., in soil or concrete). A CORC is generated for every metric ton of carbon removed through the biochar production process, and the CORC is provided to the company on purchase. 

Beyond a CORC, the biochar process can create a multitude of other climate-friendly outcomes:

  • The creation of Carbon Removal Parks.
  • The production of regenerative, climate-neutral surplus energy for local companies or municipal utilities.  
  • An aid in Regenerative Farming
  • A carbon filter for Water Treatment
Learn More About the Role of Biochar in Fighting Climate Change  ->

What is a CORC?

The purchased CORC has a unique serial number with the transaction recorded in Puro's registry. When the Nasdaq-listed company decides to claim the carbon reduction represented by the CORC, the CORC is retired in the Puro registry. This process ensures that no other party can claim the benefit of that CORC.

This Nasdaq-listed company may also choose to hold the CORC and sell it to another party later. In this case, the transfer of ownership is recorded in the Puro registry, and the new owner can decide whether to claim the benefit of that CORC (through retiring it) or to sell it to another party, with either outcome being recorded in the Puro registry. 

Learn More About CORCs  ->

The purchased CORC has a unique serial number with the transaction recorded in Puro's registry. When the Nasdaq-listed company decides to claim the carbon reduction represented by the CORC, the CORC is retired in the Puro registry. This process ensures that no other party can claim the benefit of that CORC.

This Nasdaq-listed company may also choose to hold the CORC and sell it to another party later. In this case, the transfer of ownership is recorded in the Puro registry, and the new owner can decide whether to claim the benefit of that CORC (through retiring it) or to sell it to another party, with either outcome being recorded in the Puro registry. 

Learn More About CORCs  ->

Reaching Net-Zero

The Nasdaq-Listed Company decides to continue purchasing CORCs through other suppliers while diversifying its portfolio of carbon credits, adding to its efforts to reach net-zero. 

Here More From Nasdaq at COP28 ->

The Nasdaq-Listed Company decides to continue purchasing CORCs through other suppliers while diversifying its portfolio of carbon credits, adding to its efforts to reach net-zero. 

Here More From Nasdaq at COP28 ->