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Orbeo signs agreements to purchase OneCarbon

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Orbeo, the joint venture equally owned by Rhodia and Société Générale, has signed agreements to purchase OneCarbon International, an Econcern Group subsidiar

Orbeo, the joint venture equally owned by Rhodia and Société Générale, has signed agreements to purchase OneCarbon International, an Econcern Group subsidiary.

OneCarbon is an international company that generates carbon credits by originating, developing, co-developing or financing projects that reduce greenhouse gas emissions. 

This acquisition will reinforce Orbeo’s carbon offset sourcing activity and will also allow it to extend its service offer to emission reduction project developers and owners.

Orbeo’s president Philippe Rosier says: ‘By teaming up with OneCarbon, we want to build up strong positions in the carbon offset sourcing business. OneCarbon has built a significant expertise in the development of high quality projects generating greenhouse gas emission offsets. Through a set of major technical competencies, we aim at implementing projects which contribute to address climate change and to accelerate global sustainable development.’

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