Abu Dhabi National Energy Company (“TAQA”) went into agreement today to offset all their greenhouse gases caused by the company’s business air travels starting from January 2009.

TAQA is the first corporation headquartered in the Middle East to commit to offset its flight emissions with atmosfair, a German non-profit organization.

TAQA’s CEO, Peter S Al-Din Barker-Homek, comments on the agreement with atmosfair: “Being a company aiming to grow in an environmentally responsible way we aim to contribute to the sustainability of our planet”. He continues: “At the heart of our business lies a firm commitment to finding ways of minimizing our impact on the environment and inspiring other organizations and people to operate and live greener.”

The cooperation between TAQA and atmosfair serves climate protection and thereby contributes to sustainable development. By declaring details of all flight travels made, the environmental-conscious organization will calculate the quantity of produced greenhouse gases and the corresponding Voluntary Climate Fees (VCF). The VCFs will then be used by atmosfair to finance renewable energy and energy efficiency projects that reduce greenhouse gas emissions.

"We are pleased to welcome TAQA as the first partner in the Middle East who intends to offset its corporate flights with atmosfair," said Katharina Behrendt of Product Development, Key Accounts & Tourism at atmosfair. “The agreement shows an important commitment by TAQA to take over responsibility for the emissions flights cause”.

TAQA is dedicated to reduce the negative impact of its flying by investing in selected solar, hydropower, biomass, or energy-efficiency projects in developing countries, to compensate for the emissions.
 

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