Carbon Disclosure Project – Nordic 260 Report 2011


‘Our e-invoice service alone saved customers more than 75 000 tons CO2.’


Tieto


‘All our funds are screened semi-annually for companies that violate international norms regarding environmental protection, human rights, labour standards and ethics. Exclusion of companies is used as a last resort when violations are severe and when companies are unwilling to change or improve their behaviour.’


Nordea Bank


Virtual meetings replace business travel


Similar measures to tackle climate change are often found in several different sectors, but one type of action that stands out this year is the avoidance of business travel through virtual meetings. Well over one-third of Nordic 260 respondents – including companies in all sectors – mention this as a significant source of emissions reductions.


In Industrials, for example, SAAB says that video or teleconferencing must be considered as an alternative before any business trip. In 2010 the company held nearly 10,000 virtual meetings – almost double the amount in 2009 – on over 100 videoconference systems, saving an estimated 3,900 metric tons of CO2e emissions.


Even in the Transportation sector itself, companies are aware that climate concerns are increasing the demand for virtual meetings as a substitute for physical travel. Finnair reports that its travel agencies already have such services in their product range, and that Finland Travel Bureau succeeded in reducing its own travel and expenses by 15% last year by this means.


Firms in Telecommunications and IT naturally focus on the business opportunities in this area. Telenor, for example, reports that it has begun to market a portfolio of sustainable services, including ‘unified communications’ (email, phone, chat, videoconferencing, etc. on the same platform), that enable its customers to save energy and reduce emissions.


Nokia has reduced its CO2 emissions from air travel by 40% since 2008 thanks to a travel awareness campaign and improved videoconferencing


facilities. Moreover, the firm estimates that 88 million tons of CO2 emissions would be avoided if 10% of its customers used their mobile


device once a year to attend a meeting instead of travelling by plane.


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