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

Monday 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 has developed an offset inclusive carbon reduction programme setting reduction targets and reducing unavoidable emissions to net zero through carbon offsetting.  As a result of this process Investindustrial has been awarded the CarbonNeutral® company certification.

Greenstone’s carbon accounting software Acco2untenterprise will continue to help 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.”