About This Article
Welcome to our monthly update on the voluntary carbon market. This month, we delve into the world of carbon credit retirements, highlighting significant activities and noteworthy trends we've observed in Aug 2025.
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Retirement Records For This Month
Let’s dive into records for this month!
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Please note that:
The dataset only includes records from the following voluntary carbon credit registries, which are publicly available on their website: American Carbon Registry (ACR), ART TREES (ART), Climate Action Reserve (CAR), Gold Standard (GLD), and Verra (VCS).
We have only included records where the retirement quantity is equal to or greater than 1,000 tonnes of CO2e.
The company assigned to each retirement record was determined based on the information present in each individual note.
Sector information is categorized in reference to the Global Industry Classification Standard (GICS) to align each entry with the most likely respective industry.
Key Takeaways
August 2025 saw a surge in voluntary carbon credit retirements, with major corporations from the transportation, technology, and financial sectors leading the way. These companies are actively utilizing carbon credits to meet their climate goals, offset operational emissions, and provide carbon-neutral services to their clientele.
Here are some of the most significant activities:
Yamato Transport's Massive Retirements for Carbon Neutrality: Japanese transportation giant Yamato Transport Co., Ltd. made a monumental move this month, retiring a staggering 888,574 tonnes of CO2e. These credits were retired to "demonstrate the achievement of carbon neutrality from April 1, 2024 to March 31, 2025," sourcing credits from a diverse portfolio of renewable energy and GHG management projects across India, China, and Turkey.
Lenovo's Continued Commitment to Offsetting Client Emissions: Global technology leader Lenovo retired a total of 391,371 tonnes of CO2e. The retirements were made "On behalf of Lenovo Clients" for the period of April to July 2025, as part of a program managed by the company. The majority of these credits came from the Phlogiston Phase I GHG management project in the United States (CAR1480).
Deloitte US Firms Address Annual Emissions: Professional services firm Deloitte (USA) retired a significant 152,500 tonnes of CO2e from the A-Gas V16 project in the United States (ACR973) and an additional 2,500 from the Albany Water Board forestry project (ACR424). These actions were part of their carbon purchase for fiscal years 2023 and 2025 to address their annual emissions.
Major Retirements from Global Brands:
Tokyo Gas Co., Ltd.: The Japanese utility retired a substantial 242,485 tonnes from the Katingan Peatland Restoration and Conservation Project in Indonesia (VCS1477) for an LNG cargo delivered in July 2025.
Bayer AG: The German life sciences company retired a total of 200,000 tonnes from the CORAZÓN VERDE DEL CHACO PROJECT in Paraguay (VCS2611) and an additional 100,000 tonnes from the FLORESTAL SANTA MARIA PROJECT in Brazil (VCS875) as part of their "Additional Climate Contribution 2025."
European Bank for Reconstruction and Development (EBRD): The multilateral development bank retired over 62,000 tonnes from various renewable energy, energy efficiency, and forestry projects in Turkey, Ghana, and Kenya to compensate for its 2023 and 2024 unabated GHG emissions.
Consistent Climate Action from Various Sectors:
PetroChina International Company Limited: The Chinese energy company retired a total of 150,000 tonnes from The Mai Ndombe REDD+ Project in the Democratic Republic of Congo (VCS934) and the Katingan Peatland Restoration and Conservation Project in Indonesia (VCS1477) to offset emissions related to GHG Offset LNG.
New Belgium Brewing Company: The U.S. craft beer producer retired 18,936 tonnes from landfill gas projects in the United States (CAR531 and CAR911) to offset emissions for its Fat Tire Ale and Mountain Time Lager for the 2024 and 2025 calendar years.
World Economic Forum: The international organization retired 25,000 tonnes from a water purifier project in Vietnam (VCS2581) for their carbon credit purchase for the period of July 2024 to June 2025.
Summary charts on amounts retired sorted by sector, country, and company are below:

Amount retired in Aug. 2025 by sector and country

Amount retired in Aug. 2025 by company
If you are a subscriber, you can find a complete list of retirement records with the project information for this month, as well as a chart of the top companies that retired the most credits, in the Google Spreadsheet at the bottom of this article.
Downloading and copy-pasting are disabled even for subscribers. If you want to download the file, please contact us ([email protected]):
The dataset includes:
General company information
Company Name (who most likely retired the credit based on the retirement note)
Country of the company
URL
Sector (GICS Code base)
Industry Group (GICS Code base)
Company Description
Retirement record
Project ID
Quantity
Retirement Account (CAR, ACR, ART) / Retirement Beneficiary (VCS, GLD)
Retirement Note
Retirement Reason
Transaction Date
Transaction Type
Vintage
Project information about the retired credit
Project Category
Project Country
Project's First Issuance
Project's First Retirement
Total Amount Issued
Project Name
Project URL
Project Proponent
Project protocol
Total Amount Retired
Status
Below is a link to the dataset for subscribers and top companies that retired credits.
Stay Informed
The world of carbon credits is constantly evolving, so we'll continue to provide regular updates, insights and analysis as it happens.
If you want to get past transaction data, we might be able to prepare for you. Please let us know if you need.
Also if you are interested in purchasing voluntary carbon credits, we might be able to access it. Feel free to contact us.
Email: [email protected]
Disclaimer
The information provided in this carbon credit retirement database is intended for informational purposes only. While we strive to ensure the accuracy of the data, we cannot guarantee its completeness or correctness. The data is compiled from publicly available sources and may be subject to errors, omissions, or updates not yet reflected in our records.
No Warranty: The information provided is "as is" without any warranties, express or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose, or non-infringement.
Reliance: Any reliance you place on the information provided is strictly at your own risk. We recommend that you verify the data from other reliable sources before making any decisions based on the content of this database.
Independent Judgment: Users should exercise their own independent judgment when interpreting and using the information in this database. We are not responsible for any actions, consequences, or losses that may result from your use of this data.
Interpretation of Data: The analysis presented in the newsletter is based on our independent assessment of available information, and may not align with the viewpoints of other parties.
Registry Scope: Note that the dataset is limited to the following voluntary carbon credit registries: American Carbon Registry (ACR), ART TREES (ART), Climate Action Reserve (CAR), Gold Standard (GLD), and Verra (VCS). Retirements from other registries are not included in this analysis.
Data Aggregation: The aggregation of data, including identification of retiring companies and classification of sector information, is based on our interpretation of available notes and alignment with GICS codes. These interpretations are based on our own discretion and may be subject to varying perspectives.
Limitation of Liability: In no event will we, our employees, or partners be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to, loss of profits, data, use, goodwill, or other intangible losses, resulting from your use or inability to use the data, even if we have been advised of the possibility of such damages.
Changes: The database and newsletter may be subject to updates, modifications, or removal at any time without prior notice. We will do our best to ensure accurate representation of current retirement data, but assume no obligation to update data after each publication.
By accessing or using the provided database and information, you agree to the terms of this disclaimer.


