Monthly Archives: June 2014

TUI Travel PLC: Green Business is Good Business

TUI Logo
“Driving sustainability supports the long term success of our tourism business – it’s as simple as that…the potential benefits are significant – for our business, destinations, customers, colleagues and the environment.” Jane Ashton, Director of TUI Group Sustainable Development

The Challenge

TUI Travel is one of the world’s leading leisure travel companies, incorporating Thomson and First Choice, and operates in over 180 countries with more than 30 million customers in 31 markets. It aims to make travel experiences special whilst minimising environmental impact, respecting culture and people, and bringing economic benefits to communities.

In 2006, TUI Travel and ClimateCare began to develop a programme that would reduce CO2 emissions, deliver benefits to communities, and which would have relevance for TUI’s customers. TUI needed to be able to demonstrate the value of the programme and be assured that it would be robust.

The Solution

ClimateCare worked in close consultation with TUI’s senior management to develop the World Care Fund, a fund to develop and support projects that both cut carbon emissions and improve the lives of people, with a focus on those living in TUI’s destination countries.

Using the Gold Standard framework, to ensure robust measurement and reporting of environmental and social impacts, ClimateCare developed and managed a portfolio of ground breaking, bespoke renewable energy and energy efficiency projects on behalf of the TUI World Care Fund.

Our on the ground partnerships, with a variety of renewable energy companies and entrepreneurs, and expertise in project development enabled the World Care Fund to take a pioneering approach and invest in projects at a very early stage of their development. Their financial support ranged from providing sustainable, up front funding to develop a community Hydro Plant in Zambia – bringing electricity to rural communities for the first time, to purchasing the wind turbines for a renewable energy project in Turkey.

Eight year old Annointing is now able to read her book and keep up with her studies, thanks to Travel  Plc's investment in the Zengamina Hydro Project in Zambia. This project has provided over a thousand homes, schools , businesses and a hospital with clean reliable power, many for the first time.

 

Eight year old Annointing is now able to read her book and keep up with her studies, thanks to TUI Travel Plc’s investment in the Zengamina Hydro Project in Zambia.

This project has provided over a thousand homes, schools , businesses and a hospital with clean reliable power, many for the first time.

 

 

“It’s critical that companies like TUI find the right partners to realise their vision of making a positive impact for the world and for the communities they operate in. We’re pleased that working with ClimateCare and using our robust framework gave TUI the confidence to know they secured real, measurable benefits to the environment and the people the World Care Fund supports,” said Adrian Rimmer, CEO of the Gold Standard Foundation.

The Impact

Working with ClimateCare, TUI directly funded a reduction of 750,000 tonnes of CO2 through projects that wouldn’t have happened without the carbon funding. They have left a lasting legacy as these projects continue to deliver carbon reductions year on year, securing ongoing carbon finance.

ClimateCare’s Role

ClimateCare’s unique network and experience of developing Climate and Development projects helped TUI invest its funds wisely to deliver maximum return for people and the environment in a way that was also relevant to the business. At a time where investment in this type of project was relatively new for corporate business, working with ClimateCare reduced the risk and allowed TUI to demonstrate clear leadership in sustainability, secure that behind the scenes ClimateCare would ensure delivery of robust and verified outcomes for their investment.

Further information

> TUI Travel’s Press Release

> TUI Travel’s Sustainability report

> Read more about TUI’s ‘Holidays Forever’ – 20 sustainability commitments to be delivered by 2014.

Delivering a Package of Climate & Development for Deutsche Post DHL

We’re delighted to announce that, as part of its GOGREEN initiative, Deutsche Post DHL (DPDHL) has partnered with ClimateCare to support the Treadle Pumps Project in India.

Every day, DPDHL moves millions of goods by air, sea, rail and road. Transport accounts for a significant amount of the world’s carbon emissions and as world leading logistics provider, DPDHL takes responsibility for its environmental impact very seriously. In 2007 DPDHL launched its GOGREEN programme and is well on target to cut emissions by 30% by 2020.

As well as investing in reducing its overall carbon footprint, DPDHL helps its customers to take responsibility for their impact on the environment by offsetting emissions from their deliveries. DPDHL offset these through their GOGREEN Climate Neutral Service.

DPDHL’s investment in the award winning Treadle Pump Project, will avert 40,000 tonnes of carbon dioxide emissions. At the same time it will empower small holder farmers in India, increasing their household incomes and boosting their local economy. The treadle pump is a locally manufactured irrigation system that improves farmers’ yields and also frees women and children from hours of back-breaking work fetching water. The time they save gives them more opportunities to earn a living or go to school.

Rob Stevens, ClimateCare Head of UK Operations says “ClimateCare are experts in delivering integrated projects that tackle multiple issues including reducing emissions, alleviating poverty and improving health. We are delighted that DPDHL has selected Treadle Pumps, from a wide range of other projects, to improve lives in India for their GOGREEN climate protection programme.”

Contact ClimateCare today to start supporting our projects that tackle climate change and improve lives.

 

Tackling the Elephant in the Room

How are mainstream travel companies like lastminute.com and Portman Travel helping you take responsibility for the environmental impact of your journey? 

We all know that flight emissions cause climate change. As consumers or businesses we can reduce the amount we travel and choose lower impact options. But, if we have to travel, what practical action is the mainstream travel sector taking to help us reduce our impact on the environment?

This latest article on Sustain Travel explores the issue.

 

 

Small Team, Big Impact

I couldn’t believe my luck when I got the chance to come and work at ClimateCare.

I’m a Masters student studying Leadership for Sustainable Development with Forum for the Future. My final placement was set to be finance based and I was unsure what I would end up with. A bank? An insurer? No, I was lucky enough to be assigned to ClimateCare and I now have the chance to work on a project that will help secure finance for high quality Climate and Development projects across the world.

Securing finance for what…?

ClimateCare works with partner organisations to create and manage Climate and Development projects across the globe. These projects are designed from the outset to both tackle climate change and improve lives. For example, the Gyapa Stoves project in Ghana reduces indoor air pollution for people who buy a more efficient ‘Gyapa’ cookstove. It also stimulates the local economy, supporting entrepreneurs who manufacture and sell the stoves. On top of this, as the stoves need much less fuel, the project both cuts greenhouse gas emissions and reduces deforestation.

ClimateCare is well known for using carbon finance to support Climate and Development projects like this – generating emissions reduction credits and securing buyers for them, to provide an ongoing finance stream. However, I’ve discovered that carbon finance is just one of the financing structures ClimateCare use. And their impact is huge. The week before I arrived, the team won a Queen’s Award for Sustainable Development for its ‘outstanding contribution to tackling climate change and alleviating poverty’ having cut over 16.5 million tonnes of CO2 and improved the lives of more than 6 million people.

As you might expect, it’s a results focussed environment and in my first couple of weeks I have already been involved with research into innovative models that will allow projects like these to scale up further and make an even bigger difference.

The team in Oxford is small and dynamic. Everyone is encouraged to have an understanding of all areas of the business. A typical day might lead from a project update call in the morning with the Nairobi office, to a partnership meeting in the afternoon with a UK-based client. The pace is fast and exciting with new business developments impacting the whole team on a weekly basis. I have just under a month of my placement at ClimateCare left. I hope it continues as it started!

Sam Gillick is a Forum for the Future student, currently working as an intern at ClimateCare as part of his Masters course.

 

Useful links

> Read more about how ClimateCare secures finance for Climate and Development projects