Karbon-X Corp. (KARX)
OTC PINK OTC PINK Primary Summary
Karbon-X and Edmonton Oilers Announce New Partnership Karbon-X Logo to be Featured on Oilers Away Jerseys
EDMONTON, AB / ACCESSWIRE / October 26, 2024 / OEG Sports & Entertainment (OEGSE) and Karbon-X announced a new partnership agreement today that will see the Karbon-X logo featured on the Oilers away jerseys for each road game through the 2026-27 NHL season. "The Oilers and OEGSE are excited to partner with an industry leader like Karbon-X," said Stew MacDonald, President and CRO, OEGSE.
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Karbon-X Corp. Profile
| Media Industry | Communication Services Sector | Chad Clovis CEO | OTC PINK Exchange | 19179P109 CUSIP |
| CA Country | 25 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Karbon-X Corp., originally established as Cocoluv, Inc., underwent a strategic transformation in April 2022 to better align with its mission in the environmental sector, thus adopting its current name. This evolution marked a shift in the company’s focus towards addressing climate change through innovative carbon offset initiatives. Since its inception in 2017, Karbon-X Corp. has positioned itself as a pivotal player in the carbon market industry, anchoring its operations in Castlegar, Canada. The company’s core mission revolves around the reduction of greenhouse gas emissions, driven by the development and marketing of carbon credits. Through direct sales and strategic investments in CO2 reduction projects, Karbon-X Corp. endeavors to make a significant impact in combating global warming and fostering a sustainable environment.
Products and Services
- Carbon Credits Marketing
Karbon-X Corp. leverages its expertise in the carbon market to market carbon credits directly to its customers. This involves certifying, verifying, and selling carbon offsets, which represent a reduction in carbon dioxide or other greenhouse gases. These offsets can be purchased by businesses and individuals alike to compensate for their carbon footprint, enabling Karbon-X Corp. to facilitate a bridge between carbon-intensive industries and sustainable practices.
- Investment in CO2 Reduction Projects
The company actively invests in a variety of CO2 reduction projects aimed at mitigating climate change. These projects range from reforestation efforts, which restore and preserve forests to absorb CO2 from the atmosphere, to ocean cleanup initiatives that aim to remove plastic and other pollutants from the oceans, thereby preventing further degradation of marine ecosystems and assisting in carbon sequestration. Additionally, Karbon-X Corp. invests in cutting-edge direct air capture technology, which mechanically removes carbon dioxide from the air and stores it safely, thus directly addressing atmospheric CO2 levels.
