As part of our wider TAM Group Sustainability Mission, we are delighted to announce the launch of our Client Carbon Footprint Commitment.
What is it?
The exciting new client initiative provides TAM Europe GIA investors with the opportunity to offset their carbon footprint every year that they are invested with us. It’s flexible and straightforward - clients wishing to opt in just complete a short application form and we take care of the rest, then they can pause or cancel their participation at any time by simply getting in touch with us.
Who are you working with?
We are collaborating with Carbon Footprint Ltd, the Quality Assurance Standard (QAS) approved provider of internationally recognised carbon footprint calculators and certified offset projects.
How does it work?
According to government figures, the average annual carbon footprint for an individual in Europe is currently 6.8 tonnes, which to offset currently costs €72.58 with the Verified Carbon Standard (VCS) certified Global Portfolio project.*
On behalf of each client that opts in, TAM Europe will purchase the credits needed to offset their footprint every year. Their contribution will support a mix of high-quality VCS projects from across the globe, which are selected predominantly within developing countries where they assist carbon emission reduction as well as bringing local community benefits.
Clients will receive a personalised Carbon Footprint Ltd certificate each year which will outline their contribution to the VCS Global Portfolio project and illustrate the positive impact that they have made to the environment.
Lester Petch, CEO says:
"We understand the importance of tackling climate change and sustaining our environment for future generations – a key concern we share with our client base. As investors, it is critical we become part of the solution and we are hugely excited to empower clients to contribute meaningfully towards mitigating global warming. They have shown a growing appetite to reduce the impact of their investments on the environment, and this simple and effective initiative provides them with a material solution.”
Getting involved
If any of your clients would like to join our TAM Group Sustainability Mission and participate in the Client Carbon Footprint Commitment, more information and access to the application form can be found on our website here.