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| About Tricorona Products & Services Carbon Project Development Investor Relations Media Contact us | |||||||||||||||||||||||||||||||||||||||||||||||||
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  SustainabilityTricorona’s business concept is based on international agreements on climate issues – The UN Framework Convention on Climate Change, the Kyoto Protocol and the EU’s Emissions Trading Scheme – and the company is highly knowledgeable on these matters. The Group’s goal is to contribute to a sustainable society both through its core business and through voluntary commitments. ENVIRONMENTAL RESPONSIBILITYTricorona’s greatest environmental impact is indirect, through our portfolio of UN-certified carbon emission reduction projects, which are expected to save an average of more than 10 million tonnes of carbon dioxide equivalents per year over the next 12 years. By comparison, Sweden’s annual greenhouse emissions amount to around 64 million tonnes of carbon dioxide equivalents (2007 figure). As far as direct environmental impact is concerned, Tricorona has adopted a policy to minimize this impact by means of operations management, and to shoulder our responsibility for our remaining environmental impact by offsetting it. We encourage our suppliers to adopt similar principles. Compliance with and outcomes of this policy are monitored annually in the Group and reported to the CEO. By far our most important environmental impact stems from travel. Second is the climate impact caused by energy use on our premises. The most important measures to minimize these emissions are our travel policy, which is aimed at reducing the climate impact of travel, and our energy policy, which entails that we always choose energy from renewable sources in countries where this is possible. The remaining climate impact is offset annually by emission reductions from our Gold Standard CDM projects. As shown by the table below, our greenhouse emissions increased overall, while emissions both per employee and per krona of turnover decreased, which reflects both the growth undergone by the company during the year and efficiency improvements from a climate viewpoint. Emissions in 2008 are offset by Jaremar Biogas, a biogas project in Honduras. CORPORATE SOCIAL RESPONSIBILITYTricorona’s projects are generally located outside the western world, which imposes special demands on good business ethics and corporate social responsibility. The main principle is that the actions of both the company and its employees should be guided by Swedish law, irrespective of where in the world they take place. This principle governs our conduct in such issues as human rights, corruption, human trafficking, child labor, etc. The projects in which Tricorona is involved are always examined by independent certified accountants under the supervision of the UNFCCC’s CDM Board or the Gold Standard Foundation, guaranteeing good insight and control over the projects. The fact that our carbon emission reduction projects comply with these standards ensures that they are conducted in a manner that is consistent with sustainable development and the conservation of biological diversity.
* The figures for 2007 have been converted for 2008 according to an updated calculation method. Carbon offsetting for 2007 has been adjusted accordingly. |
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Tricorona AB, Kungsgatan 32, Box 70426, SE-107 25 Stockholm, Sweden, Phone +46 (0)8-506 885 00, Fax +46 (0)8-34 60 80,  |
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