Essent Trading Provides Carbon Credits for Deutsche Post’s Climate Neutral GoGreen Shipping Service
Geneva, 22 January 2009

The carbon credits will be used for Deutsche Post’s GoGreen products and services, which allow customers to offset the carbon emissions caused by transportation.

Essent Trading has already transferred its first Gold Standard Voluntary Emissions Reductions (GS VERs) to Deutsche Post in December. The credits stem from two wind farm projects located in China: the Fujian Zhangpu Liuao 45 MW Wind Power Project and the Ningxia Yinyi 50MW Wind Farm Project. The projects were registered by the Gold Standard Foundation and the United Nations Framework Convention on Climate Change (UNFCCC).

Deutsche Post World Net Group, the world’s largest express and logistics company with its Deutsche Post and DHL brands, was the first in its industry to offer climate-neutral shipping services to its express customers in 2005. If customers choose to send their parcels and goods with GoGreen, the Group’s certified Carbon Management system measures the emissions based on distance, vehicle or fuel usage, for example. The emissions are booked as liability in the CO2 balance sheet and offset via certified projects such as the wind park projects in China, run by Essent Trading. Following the introduction of its GoGreen service for customers, the Deutsche Post World Net Group set its own carbon efficiency targets last year - aimed at improving carbon efficiency throughout the Group and its subcontractors - at 30 percent by 2020.

“We are excited about our collaboration with Deutsche Post World Net and proud to be able to contribute to such a well designed and innovative programme as GoGreen,” Nyame de Groot, Vice President of Emissions at Essent Trading, commented. “We strive to support the development of Clean Development Mechanism (CDM) and Gold Standard projects meeting the strongest additionality and environmental criteria. We are delighted to have found a partner who shares our views.”

Guido Sattler, Project Manager at the DHL Innovation Center remarked: “This long-term collaboration with Essent Trading will allow us to build a balanced portfolio of carbon reduction projects from different geographic areas and abatement technologies.” The DHL Innovation Center bundles Deutsche Post World Net’s research and development activities with a special focus on environmentally friendly technologies. Following the development of the GoGreen shipping service at the center, the DHL Innovation Center is home to the Group’s Carbon Management system.

About Essent Trading

Essent Trading, headquartered in Geneva, Switzerland, is a prestigious asset-backed merchant energy trading business with its roots in the Netherlands. Essent Trading is recognised as a market leader in energy trading in Europe and has been voted as a top-tier trading house by Risk Magazine since 2004. Our parent company, Essent N.V. is the largest energy company in the Netherlands with approximately 11,000 employees, more than 5500 MW of diverse generation portfolio and over 2.6 million customers across the Netherlands, Belgium and Germany. Essent is ranked among Europe's leading companies in renewable and sustainable energy generation.

For more information, visit www.essenttrading.com and www.essent.eu

About Deutsche Post World Net

Deutsche Post World Net is the world’s leading logistics group. Its integrated Deutsche Post, DHL and Postbank companies offer tailored, customer-focused solutions for the management and transport of goods, information and payments through a global network combined with local expertise. Deutsche Post World Net is also the leading provider of Dialog Marketing services, with a unique portfolio of efficient outsourcing and system solutions for the mail business. The Group generated revenue of more than 63 billion euros in 2007. With some 500,000 employees in more than 220 countries and territories Deutsche Post World Net is one of the biggest employers worldwide.

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