Offsetters named Official Carbon Offsetter of the 2010 Winter Games



    VANCOUVER, June 3 /CNW/ - To help deliver a carbon neutral Games,
Vancouver 2010 is partnering with Offsetters, a leading BC-based carbon asset
management company and supplier of high-quality carbon offsets. The
announcement was made today during Canadian Environment Week 2009 and to
coincide with the Organizing Committee's participation in the 2009 Commuter
Challenge.
    Under the agreement, Offsetters will provide the Vancouver Organizing
Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) with a
portfolio of offset projects created through local expertise in new, clean
energy technologies. The projects will reduce a minimum of 110,000 tonnes of
carbon emissions into the atmosphere, thereby offsetting direct emissions from
the Games by the same amount. VANOC and Offsetters will also work together
with interested Games partners, sponsors and participants to offset an
additional estimated 190,000 tonnes of indirect carbon emissions from the
Games caused by activities such as air travel.
    In turn, Offsetters will receive sponsorship rights in the carbon offsets
Official Supplier category for the 2010 Winter Games and for the Canadian
Olympic Team competing at the Vancouver 2010 Olympic Winter Games and the
London 2012 Olympic Games.
    "We're proud to partner with the 2010 Winter Games to establish a
portfolio of carbon offset projects that will showcase the province's
leadership in the clean technology sector and will continue as a living
environmental legacy of the Games long after the athletes and spectators have
returned home," explained Dr. James Tansey, president of Offsetters. "Working
with leading BC Clean Technology companies - including Nexterra, Sempa Power,
Lignol Innovations, Ballard Power and Powertech - we will create and verify a
portfolio of clean technology offset projects that will neutralize direct
emissions from the Games and contribute towards offsetting indirect emissions
from air travel."
    This unique sponsorship makes the 2010 Winter Games the first in Games
history to have an Official Supplier of Carbon Offsets and is "a crucial step
forward to meeting our goal to make the 2010 Winter Games as environmentally
responsible as possible," said John Furlong, VANOC Chief Executive Officer.
    "In March, we announced to the world our target to neutralize up to
300,000 tonnes of CO(2) from the Games. Today, we're delighted to say a
British Columbian company with a growing national reputation as a leader in
this field will be supporting our efforts to offset our carbon footprint from
the Games through clean technology projects using BC know-how," he added.
    The 2010 carbon offset portfolio will invest in clean technology projects
that improve energy efficiency or produce renewable energy. Some of the
proposed offset projects include fuel cell technology in transit buses, energy
efficiency systems, as well as biomass gasification and hydrogen fuelling
stations to reduce industrial use of gasoline and electricity.
    All projects in the 2010 portfolio will be high-quality offsets
consistent with the standards applied by new BC provincial greenhouse gas
regulations, and have been designed to meet or exceed the highest
international standard for carbon accounting and offsetting.
    "This unique sponsorship will allow the Games to obtain emission offsets
while demonstrating innovation on climate solutions that generate jobs and
other economic opportunities as a lasting legacy," said BC Premier Gordon
Campbell. "VANOC's actions demonstrate what forward looking organizations can
do to help reach B.C.'s target of a 33 per cent reduction in greenhouse gas
emissions by 2020. I want to thank VANOC for their commitment to clean, green
carbon neutral Games."
    In its efforts to reduce carbon emissions, VANOC and its partners have
incorporated sustainability principles in their venue and operational plans
since being awarded the Games in 2003, including: strategic venue site
selection; innovative approaches to energy management; and an emphasis on
travelling smart with expanded public transit during the Games to reduce fuel
use and carbon emissions.

    About Offsetters

    Offsetters is Canada's premier provider of high-quality carbon offsets
and carbon asset management advice. Co-founded in 2005 by Dr. James Tansey
(president of Offsetters and associate professor at the Sauder School of
Business, University of British Columbia), Offsetters works with individuals,
businesses and organizations to calculate, track, reduce, and finally offset
their greenhouse gas emissions. Offsetters' funds are invested in renewable
energy and energy-efficiency projects that achieve tangible reductions in
greenhouse gas emissions and that would not have taken place without its
involvement.

    About VANOC

    VANOC is responsible for the planning, organizing, financing and staging
of the XXI Olympic Winter Games and the X Paralympic Winter Games in 2010. The
2010 Olympic Winter Games will be staged in Vancouver and Whistler from
February 12 to 28, 2010. Vancouver and Whistler will host the 2010 Paralympic
Winter Games from March 12 to 21, 2010. Visit vancouver2010.com.
    VANOC's marketing program is focused on securing mutually rewarding
partnerships with shared values to generate sufficient revenue to host
successful Winter Games in 2010 and to leave a financial legacy for sport.
VANOC's Worldwide TOP Partners include Coca-Cola, ACER, Atos Origin, GE,
McDonald's, Omega, Panasonic, Samsung and Visa. VANOC's National Partners are
Bell Canada, Hudson's Bay Company, RBC Financial Group, GM Canada,
Petro-Canada and RONA.
    VANOC's Official Supporters include Air Canada, BC Hydro, Bombardier
Inc., the British Columbia Lottery Corp., Canadian Pacific, the Insurance
Corporation of British Columbia, Jet Set Sports, Ricoh Canada Inc., the Royal
Canadian Mint and Teck Resources. VANOC's Official Suppliers are 3M,
Acklands-Grainger, Aggreko, Aquilini Investment Group, Birks, Britco, Canada
Post, Canwest Publishing Inc., COLD-FX, Deloitte, Dow Canada, EPCOR, Garrett
Metal Detectors, General Mills, Hain Celestial Canada, Haworth Canada, Karl's
Global Events Inc., La Presse, Millennium Development Corp., Molson, Nortel,
Offsetters, Port Metro Vancouver, Purolator, Saputo, Sleep Country Canada, Sun
Microsystems of Canada, The Globe and Mail, Tickets.com, TransCanada,
Vancouver Airport Authority, Vincor Canada, Weston Bakeries, Workopolis, and
Wrigley Canada.





For further information:

For further information: Media contacts: Paula Webber, VANOC
Communications, Tel: (604) 403-2685, E-mail: paula_webber@vancouver2010.com;
Kari Grist, Offsetters, Tel: (604) 688-6791, E-mail: kari_grist@offsetters.ca

Organization Profile

VANCOUVER ORGANIZING COMMITTEE FOR THE 2010 OLYMPIC AND PARALYMPIC WINTER GAMES

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