Carbon Offsets & Carbon Removals Framework

Tender description

Manchester Airports Group (MAG) is seeking to appoint suppliers on a Framework for the supply of carbon reduction offset credits (carbon offsets) and carbon removal credits (carbon removals) to fulfil MAG's requirements. We understand the urgent need to decarbonise airport operations, and the wider economy, and we are playing a pivotal role in enabling the industry to achieve its net zero ambitions. We have a responsibility to drive change and support the transition to a sustainable aviation industry. We are also committed to championing biodiversity and preserving the natural environment. MAG currently offsets all of its scope 1 and 2 emissions with carbon reduction offset credits. We are also currently certified at Level 3+ through the Airport Carbon Accreditation Scheme. MAG have committed to setting a near-term science-based target through the Science Based Targets initiative (SBTi). This target includes reducing MAG's operational emissions (market-based scope 1 and 2) by 48% by 2030, against our 2019 baseline. Alongside this, In MAG's 2025 Sustainability Strategy, 'Creating a sustainable future for all', we have committed to purchasing carbon removals so that, by 2030, they address 50% of our residual scope 1 and 2 market-based emissions and 100% by our net zero operational target of 2038. We have also committed to supporting UK nature-based projects through our portfolio of carbon reduction offsets and carbon removals. MAG's transition towards carbon removal credits will be aligned to the Oxford Principles for Net Zero Aligned Offsetting, with a transition between nature-based removals and engineered removals over time. More information about the scope of this Procurement will be described in the relevant documents provided by the MAG Procurement team. ## Contract award Lots: - Lot 2: Supply of nature-based carbon removals - Lot 3: Supply of engineered carbon removals - Lot 5: Supply of carbon offsets and nature-based and engineered carbon removals