1. What is Porsche Impact?
Porsche Impact is a pilot project developed by Porsche Digital and Porsche AG. The initiative aims to offer our customers the opportunity to offset the CO2 emissions from driving their vehicle by directly funding certified offsetting projects. We at Porsche lead by example and offset the emissions of our internal fleet by collaborating with a leading developer of international emission-reduction projects: South Pole. We are now also providing Porsche drivers the opportunity to offset their vehicles’ carbon emissions. Based on the desired mileage and the individual consumption, the emission calculator estimates the CO2 emissions as well as the respective offsetting value. Porsche drivers can then choose from different offsetting projects in which they can invest the calculated amount.
2. How does Porsche Impact work?
On a voluntary basis, Porsche drivers can estimate their CO2 emissions as well as the respective offsetting value. The estimated value can be invested in one of four international emissions reduction projects. More details about the projects can be found on the Porsche Impact webpage.
3. In which countries is Porsche Impact available?
Porsche Impact is available in the US, Germany, UK, and Poland. Further countries shall follow.
4. Why is a sportscar manufacturer conducting a project in the context of CO2 offsetting?
Porsche aims to prevent and reduce CO2 emissions along the entire value chain. By doing so, Porsche considers the full development process, including the supply chain, the production as well as the vehicles. Besides the performance, the minimalization of consumption and emissions have always been the core of vehicle development. Now with Porsche Impact, it is also possible to neutralize the individual CO2 emissions based on the specific mileage and the individual consumption. The initiative builds a bridge between today and a carbon neutral future.
5. Is Porsche Impact relevant in the age of the electric vehicle?
70% of all ever build Porsches are still on the road today. Porsche Impact is mainly an initiative for customers owning those vehicles. Since the production of electricity also causes CO2 emissions, we are planning to offer Porsche Impact for upcoming electric vehicles too.
6. What does Porsche contribute with respect to Porsche Impact?
Porsche offsets the emissions of their internal fleet, which includes the ex-factory motorsport vehicles. Further market-specific offsetting activities make an additional contribution. Porsche invests in the same projects that are offered to the drivers.
7. Does Porsche earn any money in the course of Porsche Impact?
No, Porsche does not make any money with Porsche Impact. The Porsche drivers transfers the investment directly to South Pole.
8. Who is the partner South Pole?
South Pole is a leading provider of global sustainability financing solutions and services, with over 250 experts in 18 global offices. For more than a decade, South Pole has worked with a wide range of public, private and civil sector organisations to accelerate the transition to a climate-smart society. The company’s expertise covers funding of projects and technology, data and advisory on sustainability risks and opportunities, as well as the development of environmental commodities such as carbon and renewable energy credits. South Pole has mobilised climate-finance to over 700 projects in emissions reduction, renewable energy, energy efficiency and sustainable land-use.
9. What kind of offsetting projects are part of Porsche Impact?
In collaboration with the partner South Pole, Porsche has pre-selected different offsetting projects around the world. Those projects are certified by international standards and have different focuses, e.g. the expansion of solar or water energy as well as forest protection. The projects also support local communities by investing in education, health, and the local economic development. More details about the projects can be found on the Porsche Impact website.
10. Why are there no European-based projects available as part of Porsche Impact?
In general, there are no European-based projects that are certified by international approved standards available. Since Porsche Impact focuses on certified projects, European-based projects are not offered.
11. What is an offsetting standard?
The pre-selected offsetting projects are certified by international approved standards “Gold Standard” and “Verified Carbon Standard” (VCS). The “Gold Standard” was developed by the environmental organization WWF, whereas VCS was initiated by the non-profit organization Verra. Those quality standards assure an environmental compliant development of the projects. On top of that, independent third party providers verify and review the projects on a six month basis.
12. Why does the offsetting value differ among the projects?
The estimated offsetting value differs among the projects due to different costs associated with the respective projects. Those costs are influenced by location-based third-party costs for implementation, operation, and audit of the projects.
13. How are the emissions calculated?
The emissions are estimated based on the desired mileage and the individual consumption. By using the consumption your individual driving behavior is considered.
14. How can I stay in touch with Porsche Impact?
You can receive updates about the selected offsetting projects by indicating it in the course of the payment on South Pole’s payment page. You will then receive updates about the projects progress every 6 month.
15. How can I provide Porsche feedback on Porsche Impact?
Send an e-mail to firstname.lastname@example.org. We are looking forward to receiving your feedback and to improving Porsche Impact.