ABOUT THE COMMUNITY

Impact brings together the fastest-growing community in the world, The Impact Community is compiled of followers who have all expressed a keen dedication for using our platform over competitors on the market. We’re reaching out everyone to join the community and collaboratively make a positive Impact.

Our collective of users choose shopping with Impact due to our ability to allow them to offset their shopping trends with a positive environmental impact in the process. The Impact Group achieve this positive impact through the allocation of significant sales revenue towards sustainable energy innovations.

Our community wants to be a part of the change. For too long, people have been let down by corporates and governments who have been unable to take adequate precautions against climate change.

The Impact Community is growing exponentially, with a large number of celebrity influencers on-board who are contributing through the endorsement of our brands and the introduction of their fanbases to the community.

98% of the members that we asked assured us that they would always choose to shop with retailers who make a stand to offset carbon emissions. Considering these statistics, there has never been a more important time to become an Impact retailer.

“It’s a community, a movement, a statement that we care. We care for our children, our planet, the animals and the air that we all breath. Why wouldn’t you join?” – Niall Quinn, MBE

AN IMPACT PROJECT

CORRE ENERGY

Membership to The Impact Community allows individuals to have a say regarding which innovations they want to develop. Impact Community members can list projects that they are passionate about and encourage their fellow members to allocate credits towards them.

In response to the frequent lack of investment allocated to sustainable technological innovations from our governments, we are putting this power into the hands of the people.

Our most recent project is Corre Energy, a global sustainable energy storage initiative which aims to answer key market failures within the industry, distribute value back to consumers and offset the use of fossil fuels and carbon emissions causing harm to our planet.

With the utilisation of Compressed Air Energy Storage (CAES), Corre Energy repurposes disused salt caverns for mass storage purposes. Storing energy is as fundamental as storing food or water as our world consumes more and increases in population.

How does it work?

The existing energy market is broken. It was set up by incumbent energy producers (oil, coal, gas and nuclear) with a centralised supply chain and designed around fixed inputs and outputs with little incentive to improve efficiency or flexibility. Our planet and future generations are continually at the forefront of the consequences it brings; our carbon footprint is growing exponentially, and only innovation can revert this.

Into this market enters renewable energy. By its very nature, renewable energy is unpredictable and demands flexibility in the energy market place, because the sun doesn’t always shine and the wind doesn’t always blow. A demanding supply in an inflexible market creates waste. In solving the market problems, we will unlock this with Compressed Air Energy Storage.

The technology of the project is powered by Compressed Air Energy Storage (CAES), which is demonstrated in the diagram to the right.

The failure of global electricity markets to provide sustainable, secure and affordable energy for consumers is deep and multi-faceted. The core problem is inequitable market access and high embedded costs. These problems are made more difficult to solve without mass-energy storage. A radical shift to a customer-centric platform, enabled by energy storage in the cloud can circumvent the embedded costs of the legacy system and create value for all through the blockchain.

Corre Energy will achieve this by digitally harvesting cheaper and cleaner power using mass energy storage to enable new markets for electricity supply and distribution globally. The enablement of the model using artificial intelligence, grid-scale storage, and the blockchain is a first of its kind approach at the wholesale market level.

The term socioeconomic refers to the impact (both positive and negative) which economic-related projects have on society.

The economic model of the 20th century mostly, if not entirely, excluded societal impacts from the design of its market systems, treating economic activity within an industry as a closed system simply with inputs and outputs. The gravest example of this is carbon emissions.

The exclusion of the true cost of carbon emissions is one of the greatest market failures of the 20th Century. It now accounts for the single biggest contributor to global climate change. These “external” costs are manifested in many direct and indirect ways, for example, reduced air quality, increased flooding/drought and higher food prices.

Their exclusion compounds the legacy problem and accelerates negative societal effects. For the 21st Century, it is no longer acceptable not to include such costs in economic considerations.

Traditional approaches to investment appraisal of renewables and storage merely consider the net profit distributions which are captured from the traditional wholesale market.

Projects are treated as economic entities in relative isolation from the rest of the system. A socioeconomic assessment considers the system-wide impact of installation and in the case of storage, this is key. Storage affects the overall operation of the grid and market particularly the integration of renewables.

Corre Energy’s impact on a range of factors is measured and assessed. For example, environmental and social impact considers the combined implications of the project for the environment and society. Renewables, integration, emissions, and the security of supply amongst other factors, provide for a systems’ wide assessment and a more accurate and representative assessment for the true value of a project.

In an era where the measurement of such factors is key to allocating capital for climate mitigation, it is no longer reasonable for these impacts to be ignored.

SUPPORTING A PROJECT

Membership to The Impact Community allows individuals to have a say regarding which innovations they want to develop. Impact Community members can list projects that they are passionate about and encourage their fellow members to allocate credits towards them.

In response to the frequent lack of investment allocated to sustainable technological innovations from our governments, we are putting this power into the hands of the people.

WHAT ARE THE BENEFITS?

When a retailer or influencer decides to set up their Impact store, the customers within the community will become their customers.

Become a part of the Impact Community and accompany the multitude of other retailers and brands that are already a part of it. Join the fastest growing movement in the world, right now.

PROJECTS AND NEWS

Individuals and businesses that are a part of The Impact Community receive regular updates on the projects that The Impact Group is undertaking. Alongside this, members of the community will also have the opportunity to list or vote on sustainable innovations that they believe will have the best impact on our environment.

Impact Credits that accrue from transactions on the store may be contributed towards new projects. Members of The Impact Community will be the key drivers to allocate the value of Impact Credits to the sustainable changes that they want to see develop.

The Impact Community app is currently in development, and this will provide members with updates on news regarding sustainability, statistics, environmental information and cutting-edge project developments.

INVITATION TO JOIN

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