Sustainability

What is the Client Carbon Footprint Commitment?

As part of our wider TAM Group Sustainability Mission, we are offering our GIA clients the chance to join our Client Carbon Footprint Commitment. This exciting new client initiative provides GIA investors with the opportunity to offset their carbon footprint every year that they are invested with us.

What does it all mean?

Carbon Footprint
‘A carbon footprint is the total greenhouse gas emissions caused by an individual, event, organisation, service, place or product, expressed as carbon dioxide equivalent (CO2e).’
 
Carbon Offset
‘A carbon offset is a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere. Offsets are measured in tonnes of carbon dioxide-equivalent (CO2e).'

Who are you working with?

TAM Europe are collaborating with Carbon Footprint Ltd, the Quality Assurance Standard (QAS) approved provider of internationally recognised carbon footprint calculators and certified offset projects.

How does it work?

According to government figures, the average annual carbon footprint for an individual in Europe is currently 6.2 tonnes which to offset currently costs €65.31 with the Verified Carbon Standard (VCS) certified Global Portfolio project.*

On the client's behalf, TAM Europe will purchase the credits needed to offset their footprint every year, and their contribution will support carbon reduction projects across the world, such as funding renewable energy generation or carbon avoidance programmes.

Clients will receive a personalised Carbon Footprint Ltd certificate each year which will outline their contribution to the VCS Global Portfolio project and illustrate the positive impact that they have made to our environment. 

The initiative is completely flexible, clients can pause or cancel their participation at any time by simply getting in touch with us.

*The average carbon footprint and offset costs are likely to fluctuate so payments may vary from year to year.

Getting involved

It's super simple to join our Client Carbon Footprint Commitment. Clients wishing to participate can simply complete the short application form below and we will take care of the rest!

Copyright © 2023 TAM Europe Asset Management A.V., S.A.U. All Rights Reserved. Past performance is not a guide for future returns. The value of investments and the income from them, can go down as well as up and may fall below the amount initially invested. TAM Europe Asset Management A.V., S.A.U. is authorised and regulated by the Comisiόn Nacional del Mercado de Valores (CNMV), No. 295. Registered office: Port Adriano, Nivel 1, Local 12, Urbanización El Toro s/n, 07180 Calvià, Mallorca, Spain.