Investindustrial implements carbon reduction programme with leading experts; achieves CarbonNeutral® company certification

21st June 2010 - Greenstone Carbon Management, the global specialist carbon solutions company, and The CarbonNeutral Company, a world-leading provider of carbon reduction solutions, today announced that jointly they have enabled Investindustrial, a leading European investment group, to help monitor and implement an offset inclusive carbon reduction programme across its offices in five countries. This is another success in a series of new deals secured since the partnership was announced in March 2010.

Greenstone Carbon Management has provided its software platform Acco2untenterprise to help Investindustrial accurately measure, manage and report on its carbon emissions. Once Investindustrial had a full understanding of the source of its carbon emissions, The CarbonNeutral Company  developed an offset inclusive carbon reduction programme setting stretching reduction targets and reducing unavoidable emissions to net zero through carbon offsetting Investindustrial was then awarded the CarbonNeutral® company certification.

Acco2untenterprise will continue to monitor and report on the impact and progress of the reduction initiatives against set targets throughout Investindustrial’s offices in Luxembourg, Switzerland, Italy, Spain and United Kingdom.

Fabio Rosati, Investindustrial said, “The implementation of a carbon management and reduction initiative should be a key activity for any organisation. Our commitment to environmental issues is strong and we believe this investment will not only be good for our internal processes but also contribute positively to shareholder value in the long term. We have a vision of creating enduring value for our portfolio companies, their stakeholders and investors; and we will be working closely with Greenstone and The CarbonNeutral Company to build a more sustainable future.”

Jonathan Shopley, Managing Director The CarbonNeutral Company said, “Investindustrial is a good example of a large, successful, global business implementing an offset inclusive carbon reduction programme in a smart and cost effective way to meet environmental obligations and regulatory requirements. Our experience shows us that companies that implement such programmes will benefit from reducing operational costs, increasing operational efficiency and enhancing corporate reputation.”

Matthew de Villiers, Chief Executive Officer at Greenstone Carbon Management comments, “We are delighted to be supporting Investindustrial in enabling its carbon management capability.  Providing the capability to measure and understand carbon emissions with minimal effort and on an ongoing basis will allow the Investindustrial team to focus their time on meeting reduction objectives. As one of Europe’s leading investment groups it also has the opportunity to set an example and provide leadership in this area. ”

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Notes to Editor

* Greenstone’s unique Acco2unt software product suite provides organisations with robust carbon management and accounting solutions.  It enables organisations to measure, manage, plan, store and report emission data, track performance on their carbon footprint at multiple organisational levels and to accurately model carbon footprint reduction strategies. Acco2unt can significantly reduce the burden of auditing and reporting for compliance purposes, for stakeholders and customers. An extensive list of emission sources is included in the software’s calculation covering energy, travel and transport, IT, together with waste and water consumption. 

About Greenstone Carbon Management Limited
Greenstone Carbon Management Limited is a specialist carbon solutions company – based in London, United Kingdom. Formed in 2006, it works in partnership with major commercial and public sector organisations to help measure, manage and mitigate their carbon emissions to realise business and financial benefits.  Greenstone’s proposition comprises both consulting advice and access to a suite of Carbon Management software tools through a SaaS model. 

Typically, engagements with clients follow a three step process: (i) Carbon Readiness Assessment; (ii) Carbon Measurement and (iii) Carbon Reduction Strategies. During the engagement, Greenstone will provide tools to help measure and manage the organisation’s carbon emissions, help set up processes to gather data and to train personnel to manage their carbon footprint on an ongoing basis.

Greenstone has worked with a range of global businesses and respected brands such as the Virgin Group, Fujitsu and Ocado Limited. For further information please visit http://www.greenstonecarbon.com