Wednesday, May 14, 2008

SAM is carbon neutral

SAM means Sustainable Asset Management. I didn't know these folks, who manage other people's assets, even had a carbon footprint; they have no product. But I suppose they have to turn on a light every now and then, feed the monkeys in the back room peddling to keep the computers running, give a bowl of rice to the slave girls fanning them (in place of air conditioning), or even occasionally send their CEOs someplace beyond the Alps via pack animals. They can trade their emissions from funny looking, low energy lightbulbs from China (highly recommended by John McCain) and be neutral. Isn't that nice? From their webpage.
    SAM – TACKLING CLIMATING CHANGE

    As a forerunner in creating and managing sustainable asset management products and services, SAM also strives to ensure that its day-to-day management and operations are sustainable. Having witnessed the great challenges arising from global climate change, SAM has adopted a clear climate change policy in 2000. In line with Switzerland's Kyoto Protocol commitment, SAM has set its target to reduce greenhouse gases (GHG) by 8% per employee by 2008 (compared to the base year 2001). Moreover, beyond the implementation of the Kyoto Protocol, SAM commits to neutralise its nonreducible GHG emissions. To achieve these goals, SAM adopted the following measures:
      1. avoid greenhouse gas production;
      2. reduce greenhouse gas emissions; and
      3. neutralize all remaining greenhouse gas emissions through investments in alternative energy technology or clean development projects.
Who said it's not easy being green? Kermit?

3 comments:

Brian said...
This comment has been removed by the author.
Brian said...

Ok folks it's your turn to do your part to conserve CO2, so for the next half hour you'll be holding your breathe; ready begin.

Norma said...

I'm trading with my cat.