St.
Petersburg, Fla.
– Bankers Warranty Group (BWG) will offer extended-warranty programs that
include a carbon offset for covered products for the term of the service plan.
“This concept is revolutionary in the extended-warranty industry
and provides for an environmentally friendly approach to offset carbon
emissions that result from the use of consumer electronics,” said Frank Trigo, marketing
executive VP.
BWG has partnered with TerraPass, a leading provider of consumer
carbon-offset programs. TerraPass works with clean energy and carbon-emissions
reduction projects throughout the U.S., including wind power, farm
power and landfill gas capture. Bankers said 100 percent of TerraPass carbon
credits are verified against a broadly accepted standard by independent third
party auditors.
“Many of our service plans
already provide for return of the item, recycling and environmentally friendly disposal
of replaced products,” said Trigo. “By providing customers with a simple, affordable
and credible means to mitigate their ‘carbon footprint,’ we are continuing to
minimize the environmental impact of their delivery.”
Retailers that increasingly seek to engage stakeholders in
environmentally conscious business practices can benefit by offering these
extended-service plans that will enhance their existing environmental policy and
send a strong message to consumers that they are making a serious commitment to
fight climate change, BWG said in a statement.
