Since 2009, we have measured 100% of greenhouse gas emissions from our activities around the world in order to reduce our carbon footprint.
Global targets in the plan Horizon 2030 have been verified by the Science Based Target.
Among the objectives lies our commitment to achieve a 32% reduction of scopes 1 and 2 by 2030. Using 2009 as the year of reference, this is equivalent to reducing emissions by 42.9% for every million euros of turnover. Likewise, we are committed to reducing emissions from scope 3 by 20% until 2030, using 2012 as a year of reference.
In 2018, scope 1 & 2 emissions have been reduced by 54% in terms of intensity with respect to the base year. In absolute terms, emissions have been reduced by 14%, which reflects our commitment to the roadmap established for the fulfillment of our objectives
For a more detailed look at our climate strategy and information about our Carbon Footprint see the Carbon Footprint Inventory history.
Emissions Avoided & Compensated
Thanks to internal plans, since 2009 scope 1 & 2 emissions have been reduced by 11,333,522 tCO2eq, a figure similar to the annual emissions of a city of 192,027 inhabitants. In 2018, the consumption of renewable electricity prevented the emission of 51,076 tCO2eq, and the emissions avoided thanks to the sorting and capturing of biogas in landfills amounted to 1.895.195tCO2 eq.
The emissions that could not be avoided during the activity carried that we carried out are compensated by others methods. The compensation of CO2 emissions consists of the voluntary contribution of an economic amount proportional to the tons of CO2 generated. In recent years, we carried out a compensation of emissions from the use of corporate vehicles that are controlled by the company in collaboration with ECODES in the project “Conservation of Amazon in Mother of God in Peru”.
Find Out More About Our Reduction Objectives
There is a growing demand to reduce transport emissions. In the US, we operate the North Tarrant Express (NTE); the first carbon neutral highway achieved thanks to our dynamic management of traffic. This alternative eases traffic congestion on previously existing roads. The study carried out by an independent consultant compares two scenarios: the past situation (previously existing road) and the present situation (existing road plus NTE). They concluded that, overall, the new scenario generates fewer emissions.
Also Heathrow Airport, one of the many airports that we manage, is committed to being a Zero Carbon Airport by 2050.