OMV Kronos to use CarbonNeutral CO2 emissions

OMV first team in the FIA World Rally Championship to be CarbonNeutral® during the whole racing season 2007 o Carbon offset projects reduce CO2 emissions to net zero o OMV Kronos Citroen World Rally Team at "Rally de Portugal" ...

OMV first team in the FIA World Rally Championship to be CarbonNeutral® during the whole racing season 2007

o Carbon offset projects reduce CO2 emissions to net zero

o OMV Kronos Citroen World Rally Team at "Rally de Portugal" obtains CarbonNeutral status

OMV, the leading oil and gas group in Central Europe, not only stands for success but also for innovations in rally sports. Following the introduction of the first natural gas-driven car, the Mitsubishi Lancer Evo VI, in the Austrian Rally Championship in 2006, OMV also sets trends in international rallying. In cooperation with The CarbonNeutral Company all C02 emissions for the 2007 season in regard to the OMV Kronos Citroen WRT have been calculated, reduced where possible and remaining emissions have been "neutralised" through projects which save equivalent levels of CO2. As a result OMV Kronos Citroen World Rally Team is therefore the first CarbonNeutral® rally team worldwide.

Pilot project in the FIA World Rally Championship

For the first time this season OMV and their Kronos Citroen World Rally Team will compete CarbonNeutral®. Dr. Wolfgang Ruttenstorfer, OMV CEO: "We stand by our core business and our sponsoring strategy but we are nevertheless aware of our responsibility. Thus we have voluntarily taken up this quality assurance and are proud to support the first CO2 neutral rally team worldwide."

Innovations and simple calculations

Motor sports is also the source of technological innovations, e.g. lightweight construction, durability, energy efficiency and safety measures that are then consequently realised for mass production. In order to act as trend-setters in international rallying as well the following data was collected for the 2007 season of the OMV Kronos Citroen World Rally Team: the consumption of racing fuel for the Citroen Xsara WRCs, diesel for the trucks, petrol for the testing cars, amount of fuel for the rental cars, air miles and hotel accomodations of the whole team, non-recyclable expendable items, transits by third contractors as well as the work space of Kronos Racing. These data added up to a CO2 emission of 3,000 tonnes for the 2007 season. OMV purchased carbon offsets (known as "carbon credits") for this CO2 amount for circa EUR 30.000. The carbon offsets projects are external regenerative energy and energy efficiency.

Official launch of CarbonNeutral® status in Portugal

The official launch of OMV Kronos Citroen World Rally Team's CarbonNeutral status will take place on Thursday, March 29, 2007 at 15.00 at the service park of the Rally de Portugal.

OMV Future Energy Fund

In June 2006, OMV has established the OMV Future Energy Fund, a wholly owned subsidiary to support projects in renewable energy with more than EUR 100 million to initiate the change from a pure oil and gas group to an energy group with renewable energy in its portfolio.

OMV Corporate Social Responsibility (CSR)

OMV is actively committed to the values enshrined in its Code of Conduct. These include a strong sense of responsibility towards the social and natural environment in economically weak regions. OMV works hard to address economic, environmental and social issues related to its operations. Its CSR activities are fully documented in biannual performance reports compiled according to Global Reporting Initiative guidelines.

About The CarbonNeutral Company

The CarbonNeutral Company is the world's leading carbon offset and climate consulting business, selling VERs (Verified Emissions Reduction) and CERs (Certified Emissions Reductions). They enable businesses and individuals to tackle their climate change impacts in a way which delivers value - commercial, environmental, personal.

The company works with over 200 B2B, B2C, NGO and government clients including BSkyB, Honda, Avis Europe, Barclays Bank, The World Conservation Union, Berkeley Homes, Ricoh and the Radio Taxis Group as well more than 50,000 consumer clients.

CarbonNeutral® is the registered trademark of The CarbonNeutral Company (TCNC). It is the leading brand mark and quality standard for action on climate change. It means global warming emissions have been measured, reductions recommended, and the remaining emissions 'offset' in accordance with the CarbonNeutral Protocol. This Protocol assures quality of offset projects, and carbon footprint assessments. It is regularly reviewed by an Independent Advisory Group, chaired by Professor John (previously Chief scientist and Director at the UK's Environment Agency) and representatives from business and NGOs which currently includes Mark Kenber of The Climate Group (lead author of the Gold Standard) and John Niles (lead author of Climate Community and Biodiversity Alliance's standard for forestry carbon offset), Sally Uren (Forum for the Future), Ben Stimson (Sky).

The 'audit trail' includes an annual independent verification of CarbonNeutral programmes - from contract with carbon offset partner through to contract with client.

-credit: omv

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Series WRC
Teams Citroën World Rally Team