TERRAPASS

Company Snapshot

Founded: 2004
Entity Type: Private
Region: U.S.
Headquarter: Texas, U.S.
Key Geographics: U.S.
Corporate Address: 5444 Westheimer Rd, Ste 1000, Houston, Texas 77056 U.S. Tel. +1-855-263-3738 www.terrapass.com

Company Overview

Terrapass was launched in 2004 by Dr. Karl Ulrich at the University of Pennsylvania. Terrapass specializes in environmental sustainability services based in the U.S., primarily focusing on enabling individuals and businesses to offset their carbon footprint. It provides a free online tool to calculate the carbon footprint of individuals and businesses based on different factors like energy consumption, travel habits, and waste generation. It helps them evaluate their environmental impact and identify areas for improvement. In 2023, Terrapass customers supported around 0.28 MMT of carbon offsets, equivalent to planting more than 4.5 million trees. The company uses three global standards: the Verified Carbon Standard (VCS), Climate Action Reserve, Green-e, Gold Standard, CSA Group, and American Carbon Registry.

TERRAPASS In Reports

Carbon Credits Market: Global Outlook

BCC Research Market Analyst says global market for market is projected to grow from $267.8 billion in 2023 to $1.2 trillion in 2029 at a compound annual growth rate (CAGR) of 28.4% during the forecast period.

Company's Business Segments

  • Product : Carbon Offset Credits for Individuals and Households, Renewable Energy Certificates, Others
  • Service : Carbon footprint calculation tools, Custom Carbon Offset Programs, Partnerships, Others

Applications/End User Industries

  • Aviation
  • Corporate Events
  • Transportation
  • Healthcare
  • Hospitality
  • Manufacturing
  • Travel
  • Tourism
  • Data Centers
  • Education
  • Crypto Mining
  • Municipalities
  • Pharmaceuticals
  • Shipping and Logistics
  • Banking
  • Non-Profit organizations
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