• 21 Sep 2009
  • Global

TAQA to Offset All Business Travel Greenhouse Gas Emissions with atmosfair

Abu Dhabi, UAE – 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.- ENDS -Contact Information for Media:
Allan Virtanen
TAQA Media Relations, Abu DhabiTel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.comAbout TAQAEstablished in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA’s power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA’s oil and gas business includes exploration and production, underground gas storage and pipeline transportation.Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation. TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development. For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

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