Environment

We track energy consumption for all our business units. Improvement targets, indexed to levels of activity, are established for business segments as well as for the Group as a whole. NKT reports its annual CO2 emission to the Carbon Disclosure Project organisation.

Ambitious CO2 target challenged
In 2009 we declared our objective to reduce overall CO2 emission by 12%, relative to output for the period 2009-2011. Although 2010 showed a decrease of approximately 2% compared to the previous year, it is proving to be somewhat challenging to reach the target which is based on 2008 expectations. The target was set before the financial crisis and was therefore based on significantly higher growth rates than actually realized, and on a product mix that is slightly different from actual market demands. It remains to be seen if the goal will be realized by year-end 2011.

Data reliability
Our data collection system implemented in 2010 revealed a significant deviation between previous and present reported CO2 data. Reporting period data are currently found to be reliable and consistent when it comes to Scope 1 and 2 emissions. Scope 3 data are still less accurate and imcomplete. This is primarily due to varrying calculation methods used by transportation companies, and that many NKT business units have just started collecting data and to report on this parameter.

Product environmental footprint
The products of NKT Cables and NKT Flexibles are to a large extent environmentally friendly in usage. Therefore, our greatest contribution is to continuously reducing the level of production scrap, and in contributing to develop entirely new products or product applications that can reduce the environmental load in the overall supply chain.

In Nilfisk-Advance we believe that the greatest environmental challenges and improvement measures lie within the areas of reduction of environmental load from products in use. This is a focual point in the product development.