|Sustainable Travel International and Continental Airlines to Offer Carbon Offsetting Program|
Sustainable Travel International and Continental Airlines (NYSE: CAL) today announced plans to offer customers the option to participate in a carbon offsetting program. The voluntary program will allow travelers to calculate the carbon footprint of their booked itinerary and purchase carbon offsets online from non-profit Sustainable Travel International.
Proceeds from purchased offsets are invested by Sustainable Travel International into high-impact sustainable development projects, including reforestation, renewable energy and energy conservation. These projects, which also benefit local communities, are located all over the world. Customers will have the option of selecting which kind of program they would like their carbon offsets to benefit.
Sustainable Travel International provides carbon offset projects that are independently verified by third-party sources. The projects must verifiably reduce greenhouse gas emissions according to the CDM Gold Standard, consistent with the principles of the Kyoto Protocol, or have Green-e certification from the Center for Resource Solutions. Sustainable Travel International recently received the highest ranking in an independent study of carbon offsetting programs commissioned by the environmental group Clean Air-Cool Planet.
Continental is Sustainable Travel International’s first airline partner. The organization also works with the World Wildlife Fund, National Geographic, Whole Foods Market, Ben & Jerry’s, the Coca-Cola Company, and numerous other environmentally committed companies.
“Continental’s thorough, substantive approach to the concerns of climate change and longstanding environmental commitment prove that Continental is an industry leader in this field, and we are proud to join with them on this venture,” Sustainable Travel International President Brian T. Mullis said. “We look forward to helping Continental customers protect the environment by supporting high impact renewable energy and energy efficiency projects around the world.”
The carbon offsetting option will be available on continental.com for customers starting in late summer 2007. Moving forward, Continental will work with Sustainable Travel International to continually refine the program to address environmental concerns and continue to meet the needs of our customers.
“The world’s climate is an important issue for Continental and for our customers, and we want to offer a credible, global, high-quality option for offsetting emissions,” Continental Chairman and Chief Executive Officer Larry Kellner said. “To complement our existing environmental initiatives, we have carefully reviewed options for carbon offsetting programs and we are proud to offer this option in partnership with Sustainable Travel International, whose international focus and high standards are an excellent fit for Continental and our customers.”
Continental is committed to promoting environmental responsibility within its culture and is committed to reducing environmental impacts. To support that goal, the airline in mid-2006 launched an extensive internal review of existing environmental procedures, along with a comprehensive review of future possibilities, including carbon offset programs.
Continental has achieved an almost 35 percent reduction in greenhouse gas emissions and fuel consumption per revenue passenger mile flown over the past 10 years. This is due in large part to the efforts of its employees in streamlining operational procedures and to an investment of more than $12 billion to acquire 270 fuel-efficient aircraft and related equipment. Continental also has reduced by approximately 75 percent nitrogen oxide emissions from ground equipment at the carrier’s largest hub, in Houston, through switching to electric ground service equipment and other new technology. This technology is now being tested for use in cold climates.
In order to minimize the impact on the environment from its fleet and ground service equipment, Continental will continue to invest in the most effective technology and operating procedures feasible, including an order for 25 Boeing 787s, the most environmentally friendly aircraft in the world. Through these investments and other projects, including the construction of airport facilities in an environmentally responsible manner and the testing of alternative fuels in ground service equipment, Continental will continue to monitor the environmental impact of its business. Additional information on Continental’s commitment to the environmental is available at continental.com under “About Continental.”
In 2007, FORTUNE magazine named Continental as one of ten “Green Giants,” corporations whose environmental policies go beyond what is required. The carrier has also received recognition from the Environmental Protection Agency (EPA) and the National Aeronautics and Space Administration (NASA) for environmental efforts.
Sustainable Travel International (sustainabletravelinternational.org) is a US-based non-profit organization whose mission is to promote sustainable development and eco-friendly travel by providing programs that help travelers and travel-related companies protect the environmental, socio-cultural and economic values of the places they visit, and the planet at large. Sustainable Travel International introduced carbon offsetting and custom carbon calculators into the North American travel and tourism industry.
Continental Airlines is the world’s fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 3,100 daily departures throughout the Americas, Europe and Asia, serving 144 domestic and 138 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 44,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 67 million passengers per year..
Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.In 2006, Continental Airlines won its sixth J.D. Power and Associates award since 1996. The carrier received the highest rank in customer satisfaction among network carriers in North America in the J.D. Power and Associates 2006 Airline Satisfaction Index SurveySM. For the fourth consecutive year, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its 2007 list of Most Admired Global Companies.
Continental was also named the No. 1 airline on the publication’s 2007 America’s Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including “Best Airline Based in North America” for the fourth year in a row, and “Best Executive/Business Class” for the fifth consecutive year. For more company information, visit continental.com
Sustainable Travel International Contact:
Brian T. Mullis
President, Sustainable Travel International
720-273-2975 begin_of_the_skype_highlighting 720-273-2975 end_of_the_skype_highlighting
Continental Airlines Contact:
713-324-5080 begin_of_the_skype_highlighting 713-324-5080 end_of_the_skype_highlighting