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Carbon offsets fund reductions in greenhouse gas emissions through projects such as wind farms, that displaces energy from fossil fuels.
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But the privately held company, which also runs retirement services, brokerage and benefits outsourcing businesses, said it posted record sales of bond and money market funds last year, helping offset stock fund declines.
The diesel offset fund could rise if VW has not fixed or bought back 85% of the vehicles by mid-2019, the first source said.
In 2002, Nike and Delta Air Lines began an agreement in which both contribute to an offset fund that goes toward local sustainable energy projects.
Leading academics and watchdog groups allege that the UN's main offset fund is being routinely abused by chemical, wind, gas and hydro companies who are claiming emission reduction credits for projects that should not qualify.
Every new account earns a $30 donation from the bank to the card's offset fund.
In 2008, Seacology started its Carbon Offset Fund, where donations of US$40.00 went directly towards renewable energy and reforestation projects.
Last month the council announced plans to sell the artwork to offset funding cuts.
Many councils are deeply unhappy with what they see as draconian sanctions in the deal if they do raise taxes to offset funding cuts.
A NASA spokeswoman said later that none of the financing for the Orion lifeboat would come from the $6 billion allocated to the commercial crew program, and that the offsetting funds would come from elsewhere in the human spaceflight program.
But this plan required "offset" funds taken from other programs, including Medicaid.
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