Greentech Plastic Offset Credits from Romania: Emission Reductions through Recycling

Gold Standard

Greentech Plastic Offset Credits from Romania: Emission Reductions through Recycling

Carbon credits from Energy Efficiency in Romania.

Standard
Gold Standard
Project identifier
GS5099
Country
Romania
Project activity
Energy Efficiency
Listed vintages
2020

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About this carbon credit project

Greentech Plastic Offset Credits from Romania is a pioneered recycling project that addresses the environmental burden of plastic waste by converting post-consumer PET bottles into high-value products like recycled PET (R-PET) flakes, food-grade pellets, straps, and polyester fibers. Operating across multiple facilities in Buzau, Tintesti, and Urziceni, the project utilizes state-of-the-art automatic sorting and processing technology to replace energy-intensive virgin plastic production. Environmental Benefits: The project significantly reduces greenhouse gas emissions by avoiding the energy-intensive processes required to manufacture virgin plastic from fossil fuels. Additionally, it diverts vast quantities of plastic waste from landfills and reduces the environmental impact of raw material extraction. Social and Community Benefits: As a major regional employer, Greentech provides over 800 jobs, often for individuals from disadvantaged backgrounds. The project actively promotes gender equality, with a significant proportion of women in managerial roles. Beyond employment, the company supports local communities through environmental education programs in schools and by contributing to municipal health and pension funds.

Project assessment and evidence

CRISP project rating: 4.6 / 5

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Read the CRISP assessment for Greentech Plastic Offset Credits from Romania: Emission Reductions through Recycling

Listed Sustainable Development Goals

  • 3. Good Health and Well-being
  • 4. Quality Education
  • 5. Gender Equality
  • 7. Affordable and Clean Energy
  • 8. Decent Work and Economic Growth
  • 9. Industry, Innovation and Infrastructure
  • 10. Reduced Inequality
  • 11. Sustainable Cities and Communities
  • 12. Responsible Consumption and Production
  • 13. Climate Action

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