Multi-Year Offtake
Make a bigger climate impact
Companies like Workday, Bain and IFS choose Patch to secure consistent access and pricing for credits, and to accelerate development of climate solutions.
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Patch Offtake helps companies secure risk-adjusted access to the voluntary carbon market and catalyze climate solutions.
The opportunity
Why ambitious climate leaders are shifting to offtake agreements
Access to high-integrity credits
Develop a portfolio that meets your goals and budget by having Patch source high-integrity credits at the best price
Reduced time spent on purchasing
Sidestep the yearly struggle by letting Patch facilitate the vetting, due diligence, and contracting processes
Risk mitigation
Move confidently knowing that Patch will identify and source comparable replacement credits from other suppliers
Amplified impact
Give project developers the market signal they need to grow through forward-purchase agreements
Simplify the purchase process
Patch manages invoicing, payment, delivery and retirement of credits, reducing operational burden for your team.
“We look to partners who prioritize integrity and quality. By partnering with Patch, we can accelerate climate solutions while also ensuring consistent access and prices for long-term sustainability.”
Erik Hansen
Chief Sustainability Officer
at Workday
“Patch Offtake comes at the perfect time. By addressing the needs of both project developers and carbon credit buyers, it paves the way to scale the critical solutions the whole world needs right now.”
Sam Israelit
Chief Sustainability Officer at Bain & Company
“With Patch, we facilitated a multi-year offtake contract, providing certainty not just to our business in terms of quality and spend on credits, but also importantly providing certainty to the suppliers of those carbon projects through the longer-term investment.”
Sophie Graham
Chief Sustainability Officer
at IFS
How we streamline the purchasing process for both buyers and suppliers
Yearly carbon credit purchases are time-consuming and logistically complex. Let’s take a look at how they differ from multi-year offtake agreements with Patch:
The complexity of yearly carbon credit purchases
Once a buyer has established their carbon credit criteria, they must diligently review individual suppliers. Then, they must negotiate and execute contracts with each one.
A yearly cycle with no guarantees of repeatability
Every year, the process begins again. Suppliers may not have the same inventory or pricing from the year before, resulting in the buyer needing to source new inventory.
Patch Offtake streamlines the process
A buyer starts out by engaging Patch to determine their carbon credit needs. Patch then sources projects from across the market, performs due diligence, provides portfolio recommendations and streamlines contracting.
A multi-year offtake agreement
The buyer is presented with offtake agreements. Patch then facilitates annual credit delivery, issuance tracking, and other key milestones.
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The complexity of yearly carbon credit purchases
Once a buyer has established their carbon credit criteria, they must diligently review individual suppliers. Then, they must negotiate and execute contracts with each one.
A yearly cycle with no guarantees of repeatability
Every year, the process begins again. Suppliers may not have the same inventory or pricing from the year before, resulting in the buyer needing to source new inventory.
Patch Offtake streamlines the process
A buyer starts out by engaging Patch to determine their carbon credit needs. Patch then sources projects from across the market, performs due diligence, provides portfolio recommendations and streamlines contracting.
A multi-year offtake agreement
The buyer is presented with offtake agreements. Patch then facilitates annual credit delivery, issuance tracking, and other key milestones.
Flexibility and consistency
Patch delivers access to the widest range of frontier and nature-based projects so you can build a portfolio that matches your climate goals.
BIOMASS
Biochar
CONCRETE INJECTION
Concrete mineralization
AIR CAPTURE
Direct air capture
BIOMASS
Biomass burial
OCEAN
Seaweed sinking
Reliable, predictable inventory
Secure access to high‒integrity credits, even as market demand grows. Patch will manage any unforeseen delivery delays or defaults and leverage its supply network to provide access to replacement credits.
A hedge against volatility
Plan for future carbon credit price fluctuations. Some or all of your expected carbon credit needs can be secured at a pre-negotiated rate with Patch Offtake.
Show climate action leadership
Help climate projects grow and scale operations, and amplify your impact by sending a clear demand signal to the market. Work with Patch on communicating your leadership.
Download the Patch x Workday CSO playbook
