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Carbon Disclosure Project – Nordic 260 Report 2011


Examples from company responses


UN Certified Emission Reductions. This together with other efficiency measures contributed to a saving of some 18,000 cubic metres of fuel, or 11% of the company’s total fuel consumption, in 2010.


Alternative fuels are an increasingly common theme in Transportation, and developments in airlines have been rapid over the past year or so. In July 2011, Finnair began limited commercial flights using a 50:50 blend of kerosene and biofuel derived from cooking oil previously used in restaurants.


The Nordic company responses abound with examples of concrete measures to reduce GHG emissions. While it is scarcely possible to do full justice to these in the present report, we try here to provide a flavour of company strategies by outlining a range of innovative, topical or otherwise significant examples.


Metals company Boliden reports that several of its mines and smelters are taking part in government energy efficiency programmes in Sweden, Finland, Norway and Ireland. Reported annual savings of 12.5 gigawatt-hours at a single plant in Norway are notable in view of the sensitivity of Scope 2 emissions to output growth in this sector. Cash savings of SEK15.5 million at one Finnish smelter illustrate the business case for improving efficiency.


Elsewhere in the energy-intensive Materials sector, enzymes producer Novozymes reports some success in decoupling emissions from growth through continuous process optimisation and investment in energy- efficient equipment. A recent milestone was the company’s announcement in May 2011 that its entire operation in Denmark is now powered by electricity from wind turbines.


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Wind power is also a theme in paper and pulp manufacturing, with several companies reporting the construction of turbines on their forest land. SCA, for instance, has formed a jointly owned company with Fred. Olsen renewables to build wind farms with a potential annual capacity of 2 terawatt-hours.


Global shipping company A. P. Moller – Maersk – which accounts for most of the reported emissions in the Transportation sector – cites new hull designs and hybrid-fuelled cranes in container terminals among other measures that led to a further large fall in emissions in 2010. Yet most significant in monetary terms is a straightforward behavioural change: the company saves approximately US$320 million worth of fuel and over


2 million metric tons in CO2 emissions each year by simply sailing a little slower.


Solstad Offshore has introduced the concept of climate-neutral operations in its shipping services for the energy sector. The company gives


clients an overview of the ship’s CO2 accounts, takes a range of steps to reduce fuel consumption and then compensates for remaining emissions by supporting projects that qualify for


Refurbishments and upgrades of its hydropower and nuclear plants are key to Fortum’s recent efforts


to increase CO2-free electricity production. The company also has interests in wind power and has commissioned combined heat and power plants that will run partly on biomass. Yet longer-term, Fortum sees a gradual shift towards reliance on solar energy as ‘the only way to get the world’s natural resources to last for future generations’.5


In Industrials, many companies emphasise innovations that help their customers to reduce emissions. Elevator manufacturer Kone reports that by the end of 2010 it had reduced the energy consumption of its standard range of lifts by 50% compared with equivalent models from early 2008.


Truck manufacturer Scania’s ‘Ecolution’ concept aims to support customers’ efforts to reduce the environmental impact of their transport services. The concept involves first optimising the specification of vehicles and then providing ongoing driver training to maintain optimal performance. Each element can reduce fuel consumption by up to 10%, with further reductions


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