TerraPass Inc., a leading retailer and marketer of carbon offsets to
individuals and businesses, will feature the TRX Travel Analytics CO2
emissions calculator on www.terrapass.com as part of an exclusive three-month
agreement with TRX. Starting in mid
"Our CO2 emissions calculator leverages our leadership position in travel data by incorporating more data points than any other calculator in the industry," said Trip Davis, President and CEO of TRX. "Along with TerraPass, we have quickly established the lead and benchmark in the carbon emissions space for travel. The accolade from the Stockholm Environment Institute further establishes our credibility as the leader in converting travel data into actionable insights for our customers. The calculator and supporting analytics offers our customers the ability to accurately and effectively balance their carbon footprints."
As part of its Carbon Offsetting and Air Travel study, the Stockholm Environment Institute evaluated the industry's leading carbon emissions calculators and named TRX "Best in the Market" based on four primary considerations:
-- Provides the most in-depth information about the data sources and metrics used -- Offers extensive data sets and accounts for the largest number of parameters -- Updates the data sets regularly -- Distinguishes between different carriers, enabling travelers to choose the most efficient carrier ahead of time
The TRX Travel Analytics CO2 emissions calculator (http://carbon.trx.com) assesses the amount of CO2 a company produces based on its specific corporate travel footprint. The sophisticated model matches detailed travel data from the corporation (such as arrival/departure cities, carriers, etc.) with worldwide flight schedules and aircraft information (the size and type of the plane, cabin information, etc.). Corporations are then able to use the calculator to learn how much CO2 its specific global air travel program has emitted, as well as how their program compares to industry averages. The model also allows companies to see which carriers are the lowest CO2 emitters for their travel footprint, providing them with tools to determine how changing their preferred carriers, or modifying their travel volume, would impact the environment.
"We are thrilled to join forces with TRX to offer our customers the very
best flight calculator available," said TerraPass CEO
About TRX
TRX (Nasdaq: TRXI) is a global technology company. We develop and host
software applications that process data records and automate manual processes,
enabling our clients to optimize performance and control costs. We are a
leading provider to the travel industry. We deliver our technology
applications in an on-demand environment to travel agencies, corporations,
travel suppliers, government agencies, credit card associations, credit card
issuing banks, and third-party administrators. TRX is headquartered in
About the Stockholm Environment Institute
The Stockholm Environment Institute is an independent, international research institute specializing in sustainable development and environment issues. It works at local, national, regional and global policy levels.
About TerraPass
Launched in 2004, TerraPass is a leading consumer retailer and marketer of greenhouse gas reduction offsets and consumer energy efficiency products. Over 150,000 TerraPasses have been sold to individuals, families and businesses to balance out the global warming impact of their flying, driving and home energy use. Together, TerraPass customers have reduced more than 800 million pounds of carbon dioxide emissions, the primary cause of climate change. TerraPass carbon offsets fund clean energy and carbon reduction projects throughout the U.S., including wind power, farm power, and landfill gas capture. Every TerraPass offset purchase is verified against industry leading standards by an independent third party. For more information visit www.terrapass.com.
SOURCE TRX, Inc.