Criticism of Greenpeace reported that one employee lost 3.8 millon euros by betting on fixed rate concurrency exchange when the euro was gaining against foreign currency. Internal leaked communications by Kumi Naidoo, executive director of Greenpeace, indicates a "huge problem" and that the staff have "good reason" to be upset. At the same time Pascal Husting, one of the top executives of the organization, was shown to commute several times a month during a two-year period between Luxembourg, his home residence, and Amsterdam, the Headquarters of Greenpeace. This is against the company's view that short flights add to the CO2 emissions and internal
Greenpeace Energy Greenpeace Energy Greenpeace Energy is a German electric utility in the form of a registered association. The stated goal of the cooperative is the provision of environmentally friendly energy to the electrical grid. As a founding member of the association, Greenpeace e.V. holds only five shares at €55 in the cooperative, otherwise the environmental group and the company are financially and legally independent. The name use is linked contract with the condition that Greenpeace Energy fulfils the conditions laid down by the Greenpeace e.V. quality criteria for "clean energy". In 1998, Greenpeace started a renewable energy initiative called "power shift".