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Sadot Group Invests in Indonesian Blue Carbon Project
Sadot Group Inc. has secured a 37.5% stake in the Special Development Group for a significant carbon project in Indonesia's Riau Islands. The initiative aims at restoring peatland and mangrove ecosystems, crucial for carbon absorption. This move aligns with Sadot's efforts to decarbonize global supply chains.
The project anticipates generating between 1.1 to 1.2 million verified carbon credits. Such credits will partly offset Sadot's operational emissions, reinforcing its eco-friendly strategy. The promising rise in nature-based credit prices, projected by McKinsey and BCG, highlights the project's financial appeal.
By collaborating with local communities, this venture supports Sadot's environmental goals while enhancing operational synergy and integrating carbon credits into its business strategy. The initiative is a critical part of Sadot's broader ESG ambitions, focusing on sustainability.
R. P.
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