2.07.2008 - 01:00pm ET

(CSRwire) NEW YORK, NY - February 7, 2008 - Wooster Asset Management announced today it has offset its carbon emissions for 2008 with Carbonfund.org, one of the country's leading carbon offset organizations. While most smaller firms like Wooster with 10 or fewer employees have a carbon footprint that is less than 70 tons per year, Wooster Asset Management is offsetting 600 tons of CO2 emissions, demonstrating the proactive steps the firm is taking in the fight against global climate change.

"Some might say that since we are not from a particularly emissions-intensive industry, climate change isn't really our problem to solve, but we are strong believers in our collective responsibility to protect global environmental resources for our generation and those to come," said Erik Postnieks, Chief Executive Officer of Wooster Asset Management. "We hope our example will promote education and awareness about the steps business and individuals can take to offset CO2 emissions and I think people will find it's a lot easier to do than they might have thought."

Wooster Asset Management's emissions offset purchase will go toward supporting reforestation projects in the US and abroad.

"It was very important for us to work with an organization that supports certified projects that are recognized and comply with the standards set forth by leading international organizations such as the United Nations and others," added Erik Postnieks. "We also sought an organization that offered verification by independent auditors. Carbonfund.org met these criteria."

"Wooster Asset Management recognizes that we all have to take responsibility for preventing climate change, and the investment industry can serve as a powerful catalyst for solving climate change," said Eric Carlson, Executive Director of Carbonfund.org. "Through this commitment, Wooster Asset Management is leading by example by investing in a low-carbon future for everyone. We're delighted to have their support."

About Carbonfund.org

Carbonfund.org is the country's leading carbon reduction and offset organization, making it easy and affordable for individuals, businesses and organizations to reduce their climate impact. Carbon offsets enable individuals and businesses to reduce carbon dioxide emissions they are responsible for in their everyday lives by investing in renewable energy, energy efficiency and reforestation projects where they are most cost effective. Carbonfund.org works with over 300 corporate and non-profit partners including Discovery, Volkswagen, Dell, Orbitz, Environmental Defense, and Lancome.

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