Contribution

reduced, removed or avoided on behalf of

KGAL Investment Management GmbH & Co. KG

Tracking ID:14380-2008-1001

Individual order description KGAL Investment Management GmbH & Co. KG KGAL immoSUBSTANZ klimaneutral 10/2020 - 09/2021
contribution at 22.09.2020

Supported climate project

Forest protection, April Salumei, Papua New Guinea
DefinitionFinancial climate contributionThe financial climate contribution means that an organisation has calculated the emissions of their company, product, service, or another category, reduced emissions where possible, and funded climate projects to the amount of the calculated emissions.
System BoundariesSources of emissions covered for the financial contributionThrough the operations and activities of a company, carbon emissions are generated. The financial climate contribution for companies includes at minimum direct emissions generated by the company (i.e. heat generation, vehicle fleet, and fugitive gases), emissions from purchased energy like electricity, and also indirect emissions from purchased energy, business travel, and employee commuting. Other emissions that occur outside of the company's direct control, such as those during the extraction and production of raw materials purchased by the company, intermediate products, external logistics, product use, and end-of-life-treatment are not mandatory.

During the manufacturing, processing, and transportation of a product, carbon emissions are generated. These emissions can be directly related to the product, such as through raw materials, packaging, preliminary products, or disposal. They can also be indirectly related, for example, through employees' commuting. Emissions from the use phase are excluded unless the product itself causes carbon emissions, such as a combustion engine or a gas-powered heater.

For more information visit the Financial Climate Contribution Standard