For immediate information, please log on to www.ibuyeco.co.uk
If you need further information, please contact Chinedu Udezue or Kelly Stroud at
3Pipe Communications on 020 7470 8830
Email: chinedu@threepipe.co.uk / Kelly@threepipe.co.uk
W/c 23rd April 2007
IBUYECO CAR INSURANCE HAS ARRIVED!
New service offers competitive car insurance AND 100%
offsetting of carbon emissions
www.ibuyeco.co.uk
This week sees the launch of ibuyeco, a new eco-friendly car insurance scheme
that will offset 100% of customers’ CO2 emissions for the duration of their policy
and help make a contribution towards global climate change.
Created by the Budget Group, one of the UK’s leading insurance intermediaries,
ibuyeco is one of the first car insurance products to offset 100% of a car’s
carbon emissions. It is competitively priced and allows customers to offset all of
their carbon (CO2) emissions by paying a small additional fee.
Payments are calculated based on the type of vehicle and the estimated mileage
details provided by customers. Emissions are calculated using guidelines from
several key groups and bodies, including DEFRA (Department for Environment,
Food and Rural Affairs); whose guidelines are used by other government
departments when appraising their policies. Using this method, the typical
family car mileage of between 10k and 12k would require an offset fee of
roughly £20, for example.
Matthew Gledhill, Managing Director, Budget ibuyeco: “ibuyeco is a practical
solution for those people who cannot simply give up using their car. People
For immediate information, please log on to www.ibuyeco.co.uk
If you need further information, please contact Chinedu Udezue or Kelly Stroud at
3Pipe Communications on 020 7470 8830
Email: chinedu@threepipe.co.uk / Kelly@threepipe.co.uk
recognise that sometimes creating a carbon impact is unavoidable, but they still
want to do something about it.”
This offset charge will contribute towards the funding of specific projects via
The CarbonNeutr