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III. Results


Fiat - emissions’ decrease Various energy efficiency initiatives were implemented throughout the Group to reduce energy consumption and GHG emissions. The main technological and process innovations include:


- high-efficiency lighting systems (LED or traditional technology) for production facilities, offices and external areas, combined with light intensity regulators and remote controls (FGA, Comau)


- flue gas heat recovery systems (FGA)


- high-efficiency engines, electric motor inverters and variable speed air compressors (Magneti Marelli, Fiat Powertrain)


- heating systems with heat exchangers, air destratifiers and automatic management systems (FGA, Magneti Marelli and Teksid)


Cementir – emissions’ increase The 2% increase compared with the previous year is partially due to increased production of white cement, particularly in plants outside Europe. White cement manufacture generates proportionally higher CO2 emissions than grey cement.


33


Companies that have reduced their emissions mainly explained this as being the result of reduction activities, while changes in output and in boundary were the most common rea- son for emissions’ increases. Changes are, in some cases, very significant, with annual decreases of as much as 38% and increases of up to 26%.


Emissions’ trading schemes are, currently and for the next year or two at least, not considered an option by 59% of companies while 41% (13) of responding companies are participating in an emissions’ trading scheme, all of them in the EU ETS. Companies included in the EU ETS are obliged to provide data with a certain degree of accuracy.


Figure 24: Direction of change in absolute emissions (scope 1 and 2) - sector breakdown (%)


100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%


22% 11%


43%


43% 50% 80% 67% 29% 50% 28% 20% Financial


Decreased Increased


Not respondent/Other


Consumer Discretionary


Energy Industrials Materials


Telecomm. services


Utilities 28% 100% 100% 29%


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