Tasman Environmental Markets (TEM), a leading Asia-Pacific carbon offset solutions provider, and biodiversity credit project developer Wilderlands are redefining corporate sustainability as their Extended Impact product swiftly becomes a fastest growing solution for Aussie businesses. Since launching in September, 15 organisations, including Matchbox Pictures, ACOR Consultants and Laneway Music Festival, have invested in the solution, permanently protecting over 70,000 square metres (nearly four times the size of the Melbourne Cricket Ground) of threatened Australian biodiversity, and the home to over 730 native species.

The Extended Impact product combines a one-square-metre Wilderlands Biological Diversity Unit (BDU) in South Australia, Victoria or New South Wales, with a certified carbon credit from TEM, such as the April Salumei Rainforest Community Conservation Project in Papua New Guinea – blending measurable carbon emissions reduction with native biodiversity impact.

TEM reveals that the hybrid environmental solution has become one of the most popular solutions on their online climate marketplace, TEM Online, reflecting the rising trend of organisations wanting to be closer to their sustainability investments by supporting climate action they can see at a local level.

“We’ve noticed a shift in organisations wanting to support projects local to them and their operations, while also meeting their carbon emissions reduction targets,” said Adrian Enright, CEO, TEM.

At this year’s United Nations Conference of the Parties 29 (COP 29) in Baku Azerbaijan, integrating net zero and nature was highlighted as an opportunity to support more holistic global impact, placing instruments such as the Extended Impact solution at the forefront.

“The growing awareness of the interconnectedness between biodiversity and climate action, coupled with an increasing desire for businesses to improve their impact on nature, explains the popularity of our Extended Impact solution. Organisations can be confident they are making a verifiable difference while providing a richer, more tangible climate action story to share with their stakeholders,” said Enright.

The TEM and Wilderlands’ collaboration highlights the power of innovative partnerships in tackling the dual crises of climate change and biodiversity loss. The Wilderlands projects supported via the Extended Impact solution span across Australia, including Coorong Lakes in South Australia, Budgerum Grassland in Victoria, and Alleena Woodlands in New South Wales.

ACOR Consultants, an Australian multi-service engineering consulting company, acknowledge their responsibility to contribute to a better world now and for future generations. They chose to invest in the Alleena Woodlands Extended Impact solution to support their national operations working across ten offices and align with their broader sustainability goals.

“At ACOR, we are committed to a sustainable future. In measuring our carbon footprint, we elected to offset our flight emissions in FY2024 and wanted to do so by supporting local initiatives. We selected to purchase offsets via TEM as they were recommended by one of our partners and cover programs in Australia and the Asia-Pacific region. We are proud to support the Wilderlands Alleena project in NSW and contribute to the protection of nature,” said Michael Goodwin, MD, ACOR Consultants.

“Thanks to Extended Impact customers like ACOR Consultants, we have been able to permanently protect 70,000 square metres of Australian biodiversity, which includes conserving the homes of many endangered flora and fauna including the Metallic Sun Orchid, Fat-tailed Dunnart, Pink Cockatoo, and more,” said Ash Knop, CEO, Wilderlands.

The Extended Impact solution also meets the requirements of the Australian Government’s Climate Active Program, with each unit retired on an independent registry, ensuring transparency and credibility.

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Clara Devlin

Marketing and Corporate Affairs Manager, TEM

0451 511 196

Important information

This information has been prepared by Tasman Environmental Markets Australia Pty Ltd (TEM), a corporate authorised representative (ABN 97 659 245 011, CAR 001297708) of TEM Financial Services Pty Limited (ABN 58 142 268 479, AFSL 430036). This material is for general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation, or needs. While we believe that the material is correct, no warranty of accuracy, reliability, or completeness is given, except for liability under statute which can’t be excluded. Before making an investment decision, you should first consider if the information is appropriate for your circumstances and seek professional financial advice. Please note past performance is not a guarantee of future performance.

TEM and Wilderlands lead the way in combining carbon reduction with biodiversity protection

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