ExecuJet Launches CO2 Offset Program

ExecuJet Aviation Group, the global business aviation and international jet charter organisation, formed a partnership with myclimate, a highly regarded, non-profit, environmental foundation, in order to offer its charter customers worldwide the opportunity to fly carbon neutral. It is the first private jet charter company to align with myclimate.
By purchasing a myclimate ticket ExecuJet customers, flying primarily Bombardier business jets will be able to offset emissions through investing in a climate protection project and play an active role in preserving the environment. Each journey’s offset price will be determined by myclimate, taking into account the emissions generated per hour flown, and costs of offsetting a ton of CO2 in a carbon offset project. All projects reduce emissions by promoting renewable energy and energy efficient technologies. For example, in India, biomass – agricultural waste – is used to produce energy. In another project in Indonesia, a hydropower station is being renovated in order to increase output.
A Bombardier Global Express burns 532 US-Gallons per flight hour. 532 x 0.458 = EUR 243.65 needs to be paid per flight hour to offset the produced amount of CO2. If the total flight time is 10 hours, EUR 243.65 x 10 = EUR 2,436 would be the total amount to be paid to receive a climate neutral ticket. myclimate already partners with Virgin Atlantic, Swiss International Air Lines and Lufthansa. It has been rated as one of the top four providers of carbon offsetting programs for air travel by the Tufts Climate Initiative conducted by Tufts University.
ExecuJet sees climate change mitigation as an inherent part of corporate responsibility. “We are sensitive to the wishes of our private charter customers wish to contribute toward climate change and believe myclimate provides a positive carbon neutral flying solution,” said Niall Olver, chief executive, who quoted the Intergovernment Panel on Climate Change and the European Business Aircraft Association. “Aviation’s impact on the environment represents two percent of CO2 – 1.5 percent of European CO2 and business aviation accounts for five percent of all intra-EU traffic but only 0.5 percent of the emissions generated by this traffic. While small compared with road transport (18 percent); domestic activities (23 percent) and power stations (25 percent of global CO2), ExecuJet is committed to reducing and offsetting the impact of its operations on the environment.”
”We are glad to cooperate with ExecuJet as we think it is important that everybody contributes to climate protection wherever it is possible. Together with ExecuJet we have implemented a very pragmatic system for their customers to offset emissions. We guarantee that the money is invested into high quality carbon offset projects that lead to a measurable and sustainable reduction of emissions,” says Kathrin Dellantonio, spokesperson for myclimate.