Key Issues
in emissions if customers choose renewable fuels.
Construction company NCC says it is the first company in Sweden to offer ‘green tenders’ as a matter of course when bidding for major contracts (above SEK50 million). This means submitting an alternative tender that provides options for reducing and compensating for any negative impact on climate change, thus enabling clients to make an informed decision.
In Health Care, Novo Nordisk gives a good example of a comprehensive energy-saving programme, involving some 500 measures throughout the company’s global operations. Improvements to heating and ventilation, compressed air systems and so forth rarely hit the headlines, but still play their part in helping to cut both GHG emissions and costs. The company reports total savings of DKK290 million (DKK58 million annually) for a total investment of DKK92 million over the period 2005–2010.
Cermaq has developed an ecological footprint model for its fish feed production business. This shows that only around 5% of emissions stem from the company’s own operations; the rest occur in the supply chain. As a result, Cermaq has been able to reduce its carbon footprint by replacing certain marine ingredients with terrestrial alternatives.
In the Consumer Discretionary sector, companies are under pressure from both consumers and regulators to make their products energy-efficient. But household appliance maker Electrolux has also focused on its own operations, reporting that it is on course to hit an ambitious 2012 target to reduce energy consumption by 28% compared with 2005. The estimated annual savings are SEK200 million.
Alma Media helps business-to- business customers to reduce travel and transport emissions by means of its Mascus digital marketplace for heavy machinery. Before, machines were often transported several hundred kilometres to physical marketplaces, and customers travelled similar distances to purchase a machine before bringing
5. See also guest commentary on page 38 on the implications of the phasing out of nuclear energy in Germany, including the potential boom for renewable energy.
17
it back to its new home. Now the machine only needs to be moved once, which is estimated to reduce emissions by at least 1,000 metric tons of CO2e per year.
Companies in Finance, as elsewhere, report a raft of measures to improve energy efficiency and to reduce the use of paper and transport. But unique to this sector is the influence firms may exercise as investors and lenders. Around one-third of the assets managed by Swedbank, for example, are in socially responsible investment (SRI) funds, which favour low-carbon alternatives. In addition, the bank offers beneficial terms in some of its markets on loans for eco-friendly cars and climate-smart homes.
Further examples can be found in the sectoral snapshots in the next chapter and in the company quotes elsewhere in the text, as well as in the public company responses available on the CDP website.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62