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Cotopaxi Joins Climate Neutral

April 15, 2021

Values-based B Corporation Announces its Carbon Neutrality

Salt Lake City, UT, (April 15th, 2021)—Cotopaxi is proud to announce its carbon neutrality. As of today, Cotopaxi is Climate Neutral Certified, which is an independent and rigorous certification program that verifies a company has achieved net-zero carbon emissions for the entirety of its carbon footprint.

Climate Neutral, a non-profit organization, provides the Climate Neutral Certified label for companies that meet its rigorous standards. The organization has a mission to accelerate the transition to a low-carbon world by recruiting companies to publicly measure and offset their carbon emissions while implementing plans to reduce future emissions. Climate Neutral provides the Climate Neutral Certified label to communicate to customers and stakeholders that a brand is committed to a set of immediate and long-term actions to reverse climate change.

“While Cotopaxi was founded to fight global poverty, we recognize the leading role climate change plays in economic inequality,” said Annie Agle, Cotopaxi’s Director of Impact and Sustainability. “As an outdoor brand, we have always strived to be as eco-conscious as possible and are now taking responsibility for the entirety of our footprint. We will continue to reduce our impacts and drive economic change through our offset programs.”

“Cotopaxi is leading the global shift to a net-zero economy by doing what all companies should be doing immediately: measuring, offsetting, and reducing their carbon emissions,” says Climate Neutral CEO, Austin Whitman. “Our label helps consumers identify these brands. It’s a recognizable and trusted symbol that turns everyday purchases into meaningfully positive climate action.”

Climate Neutral’s certification is based on internationally recognized standards for carbon measurement, neutrality, and offsetting. Each brand must measure Scope 1, 2, and 3 cradle-to-customer greenhouse gas emissions for the prior calendar year. Then a brand must buy verified carbon credits to offset its entire footprint. This directs investment into critical carbon sequestration projects such as forest conservation, renewable energy, and carbon capture technologies. Finally, brands commit to a reduction action plan to cut future emissions within a 12-24 month timeline, reporting progress on those plans annually. All of the brand’s data is publicly available on Climate Neutral’s website. The process is repeated annually when companies must recertify.

To determine certified and effective offset programs, Cotopaxi partnered with the Bonneville Environmental Foundation to find projects that not only meet third party verification, but that positively affect local communities experiencing poverty through job creation and education. Our total carbon footprint amounted to 3,311 carbon tonnes. To learn more about our journey to carbon neutrality and future commitments visit cotopaxi.com/sustainability.

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Cotopaxi Press Contact: Jess Smith | [email protected] | 415.565.9530

About Cotopaxi

Cotopaxi is an outdoor gear brand and Benefit Corporation founded to fight poverty. With five storefronts, a strong ecommerce platform, and a growing retailer base of 450 dealers, Cotopaxi designs, manufactures, and sells adventure apparel and packs. The brand also raises awareness and funds for various humanitarian causes through the Cotopaxi Foundation. In 2020, Cotopaxi gave close to $1 million to nonprofit partners working to combat the negative effects of COVID-19. Cotopaxi has a goal of assisting 1 million people experiencing extreme poverty in 2021. For more information, please visit https://www.cotopaxi.com.

About Climate Neutral

Climate Neutral is a nonprofit organization working with brands and consumers to decrease global greenhouse gas emissions. The label “Climate Neutral Certified” is the universal standard in carbon neutrality. It is a marker for brands that measure, offset, and reduce their entire carbon footprint, making it easy for consumers to shop with concern for the global climate. To learn more, visit climateneutral.org.