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Press Release

Lufthansa Consulting and First Climate join forces

Strategic cooperation will offer comprehensive ETS consulting services for airlines
Bad Vilbel – Frankfurt / Zurich, March 29, 2010


Lufthansa Consulting is to enter into partnership with First Climate AG, one of Europe’s leading carbon asset management companies. A cooperation agreement was recently signed in Frankfurt.  

Airline clients will now benefit from a unique combination of consulting services enabling their internal compliance and risk management with regard to their obligations under the European Emissions Trading Scheme (EU ETS), as well as advisory services on all aspects relating to CO2 certificates. 
 
First Climate provides access to all types of carbon credits, including primary emission reduction
certificates sourced directly from climate protection projects. The company offers customized trading solutions for companies subject to the EU ETS. First Climate also provides advisory services on carbon trading strategies. Their services in this area offer excellent synergies with Lufthansa Consulting’s own range of services and their commitment to support their clients in the aviation industry regarding their compliance obligations under the EU ETS. Lufthansa Consulting GmbH develops and offers customized management consulting services and comprehensive business solutions for all participants of the aviation industry such as air carriers, airports and airport authorities, governments, investors, financial institutions, manufacturers and other industries as well as services related entities
 
Joint activities will focus on managing compliance cost and minimizing the associated risk, customizing ETS trading solutions, purchasing as well as selling carbon credits and certificates.  While Lufthansa Consulting will design, streamline and implement the corresponding internal processes, First Climate will support and optimize activities on the carbon market. Assuring a portfolio containing sufficient certificates is an important piece in the puzzle given the fierce competition airlines face in the next years.  

Airline clients will profit from a cooperation of companies each with significant experience in their specialist field.


Contact

First Climate

Fritz Wilhelm
Head Corporate Communications
Tel.: +49 (0)6101 - 5 56 58 - 34
Fax: +49 (0)6101 - 5 56 58 - 77
E-Mail: fritz.wilhelm@firstclimate.com

Lufthansa Consulting GmbH    
                    
Marlene Hollwurtel                  
Manager Public Relations    
Tel..:+49-(0)221-826-8101            
Fax:+49-(0)221-826-8263
marlene.hollwurtel@lhconsulting.com     
www.lhconsulting.com       

Contact

First Climate AG
Press Department
Industriestr. 10
61118 Bad Vilbel - Frankfurt/Main
Germany


Head Corporate Communications
p: +49 (0)6101 55658-34
f:  +49 (0)6101 55658-77
E-Mail: press@firstclimate.com

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