We regularly publish the goals, strategies and outcomes of environmental protection initiatives and activities in connection with our participation in the Carbon Disclosure Project (CDP). This is the world’s biggest initiative to reduce carbon emissions. For eight years now, we have been actively involved in the CDP. We measure, analyze and manage our CO2 emissions at all production locations, and report annually on their composition and any changes that have occurred as well as various measures adopted to reduce CO2 emissions. The data for the financial year 2015 was collected internationally using standardized methods in spring 2016 and published by the CDP in fall 2016.
Our environment strategy target is to reduce the ratio of emissions to revenues. This means that our revenues are to grow faster in the future than the unavoidable carbon emissions produced in revenue generation. We met our target once again in the financial year 2015: The ratio of CO2 emissions to revenues fell by 19.3% between 2014 and 2015, marking the largest percentage improvement since we began participating in the CDP. The multi-year comparison also shows a positive trend.
|Total CO2 emissions1) in ton (t)||760,076||716,702||733,576||775,372||825,235||817,097||672,624||578,826|
|Revenues in EUR mill.||1,060,1||1,000,2||1,024,8||1,094,7||1,219,1||1,265,9||1,290,0||1,377,2|
|CO2 emissions in relation to revenues (t/EUR k)||0.717||0.717||0.716||0.708||0.677||0.645||0.521||0.420|
1) without consideration of Scope 3 emissions
Alongside our own target, we have also launched further improvements within the context of CDP. For instance, we have improved the CDP verification criterion. Our activities and data were checked by the TÜV inspectorate and certified to ISO 14064-3.
The overall aim is for investors and customers to be able to assess, based on wide-ranging data and indices, whether a company gives sufficient consideration to climate change issues in its decisions and structures.
Further information and the full report can be found on the internet under www.cdproject.net.