Through commitment from existing partner Trina Solar and through a new relationship with Emissions Spot Trading organization Advanced Global Trading (AGT), Lotus F1 Team is targeting significant carbon emission reduction and carbon neutral status in 2012.
The new relationship with AGT will see every aspect of Enstone come under greater scrutiny than ever before, with the objective of minimising carbon emissions from all processes and procedures at the race team’s base. AGT will also work with Lotus F1 Team partners to help achieve their environmental plans and their Corporate Social Responsibility goals.
Existing Lotus F1 Team partner Trina Solar have committed to the Plant-for-the-Planet Children’s Initiative to offset 220,000 kilograms of CO2 a year through the planting of 9,000 trees per year for the next three years – a total of 27,000 trees.
The team expects to be able to announce further actions to cut its carbon footprint in due course.
Patrick Louis, Chief Executive Officer, Lotus F1 Team:
“Lotus F1 Team takes environmental concerns very seriously, and this has long been the case for teams based at Enstone. The site of the team headquarters is itself based in a former quarry with every effort made to limit the impact on the local environment. We are currently scrutinising every aspect of our business, so to have a new perspective from AGT who have the particular objective of minimising our environmental impact is invaluable. Trina Solar have assisted us through their solar power technology for a number of years and we are proud to be part of their commitment to Plant-for-the-Planet Children’s Initiative.”
About Advanced Global Trading (AGT):
AGT is one of the world’s most dynamic and fast-growing Emissions Spot Trading organisations within the voluntary Carbon Credit market. AGT’s passionate team of emissions professionals specialises in the sourcing and trading of Verified Emissions Reduction Carbon Credits (VERs) in the dynamic over-the-counter (OTC) green market. Nominated for Best Sustainable Investment at the 2011 International Green Awards, AGT’s specialist commitment to both historically-lucrative Carbon Credit trading for individuals and also encouraging companies to retire Carbon Credits as part of their CSR programmes, has helped it quickly become a global industry-leader, employing over 140 traders in the UAE, UK, Switzerland, USA, South Africa and Spain.
For further information, please visit AGT’s website:
About Trina Solar Limited:
Trina Solar Limited (NYSE: TSL) is a leading manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that have developed a vertically integrated business model from the production of monocrystalline and multicrystalline silicon ingots, wafers and cells to the assembly of high quality modules. Trina Solar’s products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide.
For further information, please visit Trina Solar’s website:
The Plant-for-the-Planet Children´s Initiative was founded in January 2007 and originated from a school report on the climate crisis by Felix Finkbeiner, who was nine at that time. At the end of his presentation, Felix put forward the vision that children could plant one million trees in every country in the world to balance carbon emissions. In the years that followed, Plant-for-the-Planet evolved into a global movement. Today, some 100,000 children in 193 countries are committed to the goal of achieving an overall reduction of greenhouse gas emissions and a unified distribution of these emissions among all of humankind. Since the takeover of the well-established “Billion Tree Campaign” from the UNEP in December 2011 and therewith the management of the official tree-o-meter of the UNEP, the new goal of the children and teenagers is to plant 1,000 billion trees until the year 2020 worldwide. To date more than 12 billion trees have already been planted in 193 countries.
For further information, please visit the Initiative’s website: