Hexo Corp. achieves goal of carbon neutrality
September 16, 2021 By Grow Opportunity staff
Hexo Corp. says it is officially a carbon neutral company.
The Ontario-based licensed producer announced that is offsetting 100 per cent of its operational carbon emissions in addition to the personal emissions of its 1,200 employees. To achieve this, the company is offsetting a total of 25,965 tonnes of carbon – 19,610 tonnes of operational carbon emissions and 6,355 tonnes of their employee’s personal carbon emissions.
This is a goal that the company originally set out last June when it announced its partnership with Offsetters, a Vancouver-based organization that supports renewable energy and forest carbon projects across the world. Hexo is currently supporting the Great Bear Forest Carbon Project in British Columbia. The company is also supporting a large-scale solar energy project in Asia and another forest conservation project in South America.
“Today we are proud to say we have achieved our goal, setting a new standard in sustainability for our industry,” said Hexo Corp. CEO and co-founder, Sébastien St-Louis. “Consumers and investors demand greater environmental and social integrity from companies. We are proud to share our commitment to sustainability and support our consumers’ ability to purchase products that align with their values.”
In addition to carbon emissions, Hexo is counteracting the use of plastic in its packaging. Working alongside its primary packaging supplier Dymapak, Hexo has supported Plastic Bank’s ethical recycling ecosystems in coastal communities, collecting and reprocessing ocean-bound plastics for re-introduction to the global manufacturing supply chain.
In doing so, Hexo initially offset 63,000 kg of plastic. By October, the company will have supported the collection of an additional 8,000 kg of ocean-bound plastic – making it a total equivalent of over 3.55 million plastic bottles stopped from entering the world’s oceans.
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