TraceSafe acquires Offsety
- TraceSafe (OTCPK:UTOLF) has acquired Offsety- a carbon offset marketplace for individuals to reduce their carbon footprint by investing in high quality offset credits.
- The move marks TraceSafe's definitive move into carbon management for its global customers looking to measure and offset emissions and report climate action.
- With the addition, TraceSafe has also brought on-board Qayyum Rajan, a prominent leader in the finance and technology ecosystem in North America.
- Before launching Offsety, Qayyum was the founder and CEO at ESG Analytics, a startup that focuses on applying AI to the environmental, social and governance industry.
- Qayyum is anticipated to take a full time leadership role at the company.