Boston, MA., June 23, 2006 - Carbonfund.org today announced that its newest partner, Walden Asset Management a socially responsive investment leader for more than 3 decades, has offset its carbon footprint. This practical step highlights Walden Asset Management’s commitment to be a leader in the investment community.
Walden Asset Management serves a client base that is deeply involved on issues that impact society. Considering the implications of climate change, carbon offsets through Carbonfund.org are a natural extension of the work Walden Asset Management does daily on behalf of its clients.
“At Carbonfund.org, we realize that the investment community has a large part to play in the fight against climate change” said Eric Carlson, president of Carbonfund.org. “We are glad to see that investment firms are engaged on this issue and are excited that Walden Asset Management has partnered with us to offset their company carbon emissions.”
Tim Smith, Walden’s Director of Socially Responsive Investing, stated, “Offsetting our own greenhouse gas emissions fits with Walden’s work as a socially responsive investment firm. On behalf of our clients, we advocate that companies address greenhouse gas emissions and climate change. It is fair to expect, then, that we take comparable steps.”
Carbonfund.org is a non-profit organization whose goal is to make carbon offsets and climate protection easy, affordable and a normal way of life for every individual and business. Carbon offsets enable individuals and businesses to reduce carbon dioxide emissions in one location, where it is cost effective, to offset the emissions they are responsible for in their normal activities, like home, office, driving or air travel emissions. For instance, a clean, zero CO2 wind farm can offset the carbon dioxide produced by a coal-fired power plant. Carbonfund.org has offset 200 tons of CO2 on behalf of Walden Asset Management. By supporting renewable energy, energy efficiency, and sequestration projects Carbonfund.org will retire an equivalent amount of carbon offsets. The financial support from these offsets will then help to continue the development of clean, renewable domestic sources of energy.
About Walden Asset Management
Walden Asset Management (http://www.waldenassetmgmt.com) is the socially responsive investment division of Boston Trust & Investment Management Company. Founded in 1975, Walden has been a pioneer in socially responsive portfolio management on behalf of individual and institutional clients. Walden blends a disciplined investment style and expertise in social screening with a commitment to using its leverage as an investor to improve corporate social performance. The Carbonfund.org partnership encompasses the greenhouse gas emissions of both Walden and Boston Trust & Investment Company.
Hold Free Web Meetings and Help the Environment with New ‘Plant-A-Tree with WebEx’ Campaign
SANTA CLARA, Calif., April 21, 2006—For the 36th annual Earth Day, WebEx has created an offer that is both good for business and the environment. WebEx (Nasdaq: WEBX), the leading provider of on-demand collaborative business applications, has partnered with nonprofit Carbonfund.org to launch WebEx for Clean Air, a series of programs to educate companies on corporate carbon dioxide (CO2) emissions and the roll web meetings can play in an intelligent CO2 reduction program.
The first part of this program is the launch of the “Plant-a-Tree with WebEx” campaign, an easy way to experience the business productivity benefits of web meetings while helping offset global carbon dioxide emissions. Users simply go to http://www.webex.com/go/zerocarbon, sign up for the special WebEx Meeting Center free trial, hold two business meetings and WebEx will plant a tree in their name through Carbonfund.org.
“By helping to reduce unnecessary travel associated with meetings, WebEx helps companies reduce their corporate carbon dioxide footprint and lower the overall cost of doing business,” said Eric Carlson, president, Carbonfund.org. “Plant-a-Tree with WebEx is just one aspect of our WebEx for Clean Air partnership to help educate and encourage companies to become carbon-aware and pursue environmentally sound policies.”
“We’re cleaning the air, one meeting at a time,” added Carlson.
WebEx meetings are a productive alternative to business travel which is a leading contributor to harmful carbon dioxide emissions. A person that flies just 30,000 miles a year puts more than 19,100 pounds of carbon dioxide into the atmosphere. Replacing even a small number of those trips with web meeting can dramatically reduce carbon dioxide emissions. For example:
· Using WebEx instead of one person flying from New York to London for a team meeting would save 2,690 pounds of carbon dioxide
· Using WebEx instead of two people traveling from Chicago to San Francisco for a sales presentation would save 4,696 pounds of carbon dioxide
· Using WebEx for a training session with 12 participants flying from Dallas to San Francisco would save 22,377 pounds of carbon dioxide
“There are 50,000 WebEx meetings on an average day, and if just 0.1% of those web meetings replaced a long haul flight, WebEx would save nearly 60 tons of CO2 from being created,” said Rick Faulk, chief marketing officer, WebEx. “These days, good business practices need to be profitable and sustainable. WebEx helps companies improve their reach, lower the cost of doing business, and do their part to reduce carbon dioxide emissions and global warming.”
“Plant-a-Tree with WebEx builds on the success we’ve had with a similar program in the United Kingdom where we’ve already planted more than 1,000 trees,” added Faulk.
WebEx Communications provides on-demand collaboration applications to individuals, small businesses and enterprise organizations. WebEx applications combine both synchronous and asynchronous collaboration capabilities and allow businesses to leverage the web as an efficient channel for interaction with customers, partners and co-workers. These on-demand applications enhance high-touch business processes, such as sales and training, with efficient web-touch interactions.
All WebEx applications are built on the MediaTone platform and delivered via the WebEx MediaTone Network, a platform and global network specifically designed for on-demand applications. MediaTone APIs make it easy for developers to build specialized applications that leverage the network’s real-time collaboration capabilities or add these capabilities into third party applications.
WebEx Communications, Inc. is the global leader of on-demand applications for collaborative business on the web. WebEx applications are used across the enterprise in sales, support, training, marketing, engineering and product design. WebEx delivers its range of applications over the WebEx MediaTone Network, a global network specifically designed for secure delivery of on-demand applications. WebEx Communications is based in Santa Clara, California and has regional headquarters in Europe, Asia and Australia. Please call toll free 877-509-3239 or visit for more information.
Carbonfund.org reduces the threat of climate change by making it easy and affordable for any individual or business to reduce their carbon footprint and support climate-friendly projects. With its easy-to-use calculator, low offset cost per ton of CO2, and certified offset projects, Carbonfund.org is proving that anyone can reduce their impact on climate change easily and efficiently. Carbonfund.org is a 501(c)(3) charitable, nonprofit organization, and a member of the EPA’s Green Power Network, the Chicago Climate Exchange and Ceres.