TerraPass is a social enterprise that provides carbon offsetting products. TerraPass use proceeds from member purchases to fund greenhouse gas reduction projects.

Carbon portfolio

TerraPass's projects is divided into four project types, all based in the United States:

History

Acquisition by Just Energy Group

In 2014, TerraPass sold its retail carbon offset business to JustGreen, a subsidiary of the Just Energy Group Inc., a Canada-based competitive retailer of natural gas and electricity. JustGreen assumed the TerraPass brand. The remaining TerraPass Energy & Wholesale group renamed itself Origin Climate.

Partnerships

TerraPass has entered into several business partnerships:

Verification

TerraPass tries to reduce greenhouse gas against the Verified Carbon Standard. All of the RECs TerraPass purchases are Green-e certified through the Center for Resource Solutions. The primary standards they use are Verified Carbon Standard and the Climate Action Reserve. TerraPass is audited according to guidelines established by the Center for Resource Solutions. The focus of the audit is to verify that TerraPass fulfills its carbon purchase obligations on behalf of its customers; to enforce certain carbon portfolio quality standards; and to review TerraPass marketing language and disclosure policies. Adam Stein, co-founder and VP of Marketing, was an occasional contributor to environmental news site Grist Magazine.