Press Release – 05 November 2021

Aves One offsets its CO2 footprint and becomes a climate-neutral business

Hamburg, 05 November 2021 - Following the publication of its first, voluntary sustainability report, Aves One AG, an owner of durable rail assets with a focus on freight wagons, has calculated its CO2 emissions for 2020. To further reduce its CO2 footprint and to set an example for social responsibility, CO2 equivalents (CO2e) of 222.6 tonnes CO2e were offset by sponsoring an environmental project in the Virunga National Park in the Democratic Republic of Congo. By offsetting its emissions, Aves One AG is climate-neutral for the year 2020. In addition to calculating its operating emissions, in 2020, the company identified its potential for emission reduction and initiated various measures for further reductions.

The hydro-power project in the Virunga National Park harnesses the flows of the Rutshuru River to generate sustainable energy in the small Matebe hydro-power plant. With an output of 13 megawatts, the plant generates clean electricity for households and small businesses. The population has an alternative to expensive kerosene and to traded charcoal. Approximately four million inhabitants thus receive access to electricity for the first time. In addition, the hydro-power plant provides electricity for street lighting in the surrounding villages, thus ensuring greater safety after dark.

"As a selection criterion for an appropriate project, it was particularly important to us that the project supports the Sustainable Development Goals, which are also positively impacted by our business activities. The hydro-power project in the Virunga National Park in the Congo was chosen by our employees from several projects. We are pleased to be able to make a meaningful and effective contribution by offsetting our emissions," commented Tobias Aulich, Member of the Management Board of Aves One AG.

As an owner of durable rail assets with a focus on freight wagons, Aves One and its sustainable business model contribute to both the growth of rail freight and the achievement of global environmental goals. At the same time, Aves One is making a positive contribution to the United Nations Sustainable Development Goals (SDGs), in particular Goal 9 "Industry, Innovation and Infrastructure" and Goal 11 "Sustainable Cities and Communities".

For the latest information on sustainability at Aves One AG and the hydro-power project in the Virunga National Park, please click on the following link: