Air travel, a business necessity! - Vincent Eckert
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Air travel, a business necessity! Vincent Eckert
Overview of greenhouse gas emissions related to Swiss Re Operations
Business travel
Commuting
Commuting
Power
Building
Powe r Heating
Commuting
ope ratinons
Copy paper
Bus ine s s
Rest Waste
trave l
Water
Bus iness travel
Technical gases
Swiss Re global ope rations 2 016 2
Operational goals for the period 2013-2020
• Stabilize per-capita CO2 emissions at 2013 levels (all reported scopes)
• Reduce energy intensity by an average 2% per year (scope 1&2)
• Obtain 100% green power for Swiss Re own operations by 2020 (scope 2)
• Carbon neutrality: offsetting all remaining emissions with high quality VERs
– (Commuting excluded from off-set)
GHG
1 Efficie ncy 2 Substitute 3 Off-set
ne utral
since 2 0 0 3
3The e conomic e nvironme nt is driving our trave l volume –
e ffe cts of mitigation me as ure s are not vis ible in our data
Air trave l at Swiss Re CO2 e mis s ion:
16'000 410 0 kg/ FTE
15'000
km/ FTE Air travel
14'000
13'000
12'000
11'000
10'000
9'000
8'000
7'000
6'000
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Greenhouse gas programm 1 setup
14 0 Vide o Conf Trave l budgets Te le -pre se nce Inte rnal carbon Trave l policy
levy on air trave l (incl. training)
Swiss Re initiative s Stations WW confe re ncing
2003 2 016
intro we b- Ce ntral data Location
Carbon ne utral Route rank
confe re ncing colle ction (2 0 0 8 ) Divis ion re porting
commitme nt te s t
4The carbon levy is an impactful measure to mitigate travel – its main effect is
indirect, via increased awareness of senior management
• 2003 GHG-Neutral program
– Reduce what we can and off-set the rest!
– Costs of off-sets borne centrally by Group Finance.
• 2014, introduction of a carbon levy on air travel
– Polluter pays” principle.
– Costs of off-sets borne by business units
proportional to travel amount
– New awareness among managers (once a year)
– Current cost is few % of travel budget!
5The carbon price we pay today is way below the Swiss CO2 levy and doe s not
impact the be haviour of our e mploye e s – s o what is an appropriate price ?
in blue: allowances/credits for carbon compliance
in green: credits/costs in the voluntary carbon market
Swiss CO2 levy
future cost of DAC
(incl. compression,
CO2 levy in EU countries
geostorage)
from 2021 ≤ 240 Swiss
(average)
compensation scheme CHU
untill 2020 ≤ 120 (KliK) (auction)
from 2018 96 > 130 VER CER
today 84 100 (over the counter) (spot market)
EUA
(spot market)
30
to 20 8 6.5
10Vision for post 2020: Carbon price/ off-set based on CCS
• To reach Paris-goals, some CO2 will have to be
removed from the atmosphere
• A proper Internalisation of the external costs of travel
might be : Carbon Capture and Storage (CCS)
• This might be a basis for a credible CO2-neutral
commitment post 2020
In October 2017 Climeworks and Reykjavik Energy
started the world’s first carbon removal solution
through direct air capture
78
Legal notice
© Swiss Re. All rights reserved. You are not permitted to create any modifications
or derivative works of this presentation or to use it for commercial or other public purposes
without the prior written permission of Swiss Re.
The information and opinions contained in the presentation are provided as at the date of
the presentation and are subject to change without notice. Although the information used
was taken from reliable sources, Swiss Re does not accept any responsibility for the accuracy
or comprehensiveness of the details given. All liability for the accuracy and completeness
thereof or for any damage or loss resulting from the use of the information contained in this
presentation is expressly excluded. Under no circumstances shall Swiss Re or its Group
companies be liable for any financial or consequential loss relating to this presentation.
9You can also read
