The Carbon Lottery claims to be the world’s first online voluntary carbon offset platform that allows users to purchase a lottery ticket and offset their carbon footprint simultaneously, giving them a chance to win real prizes – up to €4,000,000 for a £2 a ticket. £2 offsets 100kg of carbon dioxide, roughly the amount of emitted during an average bus ride. The proceeds go towards approved and verified community based projects. These are high quality VCS and Gold Standard projects based in India, Brazil, Guatemala and Turkey.
The initiative was developed by Sterling Waterford Securities in response to the low take-up of carbon offsetting among businesses and high levels of confusion about the role of offsetting for consumers. The Carbon Lottery founders believe that in order to change behavior one needs to incentivise the consumer to do so. Social media, particularly Facebook, plays a major role in spreading the message and driving engagement.
The Carbon Lottery is encouraging companies and their employees to get involved. It is primarily focusing on large consumer brands which need to offset the footprint of their various product lines. I guess they are thinking of the likes of Unilever and P&G, brand owners of global scale that have also made significant commitments and strides towards sustainability.
The Carbon Lottery claims that these types of brands will benefit in a number of ways. First, by providing a fun online consumer-led offsetting solution. Then, by creating a new customer marketing tool. Third, by giving brands access to a potential new revenue stream (by selling tickets to staff and their clients), and finally, by providing the brand with added presence in the social media space by encouraging players to share their lottery experience with their Friends. In other words, they’re hoping you will brag about your carbon offsetting to your mates and potentially form syndicates to increase your carbon lottery spend and thereby offset more carbon.
The Carbon Lottery is some way down the line in attracting corporate clients. It’s using the hook of the big jackpot prize to encourage staff or clients to buy tickets. It also offers a revenue share to B2B partners, giving them a chance to become a single large lottery ticket purchaser or to ‘white label’ the concept to clients. The benefits reward responsible behaviour; in the company’s words by offering players ‘the dream’ – a large jackpot prize, currently up to €4m. Players can track the offsetting projects that their tickets are supporting at all times via The Carbon Lottery website and, of course, they can Facebook it.
Ultimately, The Carbon Lottery is confident that the initiative will take off because it makes carbon offsetting more social, and in particular, because it converts something that could be described as dull and worthy, into a game.
There’s no doubt that the company has integrity. The carbon offset projects are thoroughly verified and screened. At least three of the projects that ticket sales currently support were developed in collaboration with Eco Securities. The Carbon Lottery is licensed and regulated in Malta and falls within UK jurisdiction. The large prize is funded by insurance contracts (brokered through Lloyds of London) and the website is useful and informative. The Carbon Calculator is a useful tool for HRDs. It shows just how many tickets an employee or the company as a whole needs to purchase to offset their footprint.
Carbon offsetting is not to everyone’s taste. Although as a strategy it cuts carbon dioxide emissions and raises awareness of climate change, there is a danger that offsetting can undermine practical efforts that individuals and companies take to reduce their footprint. However, helping to reduce carbon by buying a lottery ticket is a simple and easy to grasp concept, and creating an internal market among staff or using it as a reward / incentive scheme seems like a no-brainer.
The Carbon Lottery is relatively new and lacks a profile that is commensurate with its ambitions. It has placed a lot of value on social media to engage players, but its own presence in the space is low. What it must be hoping for are a couple of things to accelerate its awareness: a large brand to take plunge and to create the first Euro millionaire from offsetting carbon. Now, that really would put The Carbon Lottery on the map.









