Climate change has been the greatest challenge for mankind since the end of the Ice Age. Ever since the clear and unanimous vote of all 197 states at the World Climate Conference in Paris, it is obvious that there is a man-made climate change, and that we urgently need to limit the average increase in temperature to below 2 degrees.
The economy plays a crucial role here. Responsibility is to be assumed by determining emissions, reducing emissions (energy efficiency, renewables ...) and by compensating the remaining emissions by purchasing climate certificates. The certificates serve to financially support projects on climate protection in developing and emerging countries. The Intergovernmental Panel on Climate Change (IPCC) has conclusively shown that the avoidance of emissions costs only 0.6% of the annual value added, whereas the elimination of the damages when carrying on as before costs a multiple.
We are aware of the particular responsibility as a company towards coming generations and have acted accordingly. We have already taken a variety of measures to limit our emissions. Our building is heated in a highly efficient way, we purchase electricity from renewable energies and we have reduced our paper consumption to a minimum. Now we have assigned Fokus Zukunft GmbH & Co. KG to calculate our remaining impact on the climate. Based on the present data the footprint of our company is approx. 100 tons of CO2 equivalents a year. We have already taken further steps towards reduction and set ambitious targets for the coming years. It is still not enough though.
Because the success of reductions of emissions and of the expansion of renewable energies in developing countries depends very much on the voluntary and consistent action of the economy in industrialized countries. So we are ready too to take on even more responsibility for the world, which we leave to our children and grandchildren.
Greenhouse gases spread evenly in the atmosphere. Therefore it makes sense to avoid emissions where the costs are the lowest. In addition, projects in developing and emerging countries contribute to the improvement of the economic, social and ecological situation. For emerging and developing countries, emission trading is a key driver for the transfer of clean technologies and a sustainable economic development.
That is why we have decided to compensate for the emissions of our company already today for 2017 and 2018 by purchasing 200 certificates. We hope that these actions will also motivate many citizens and businesses to become more involved in climate protection.
This makes our company one of the first companies in Austria to voluntarily offset its emissions under the Kyoto Protocol. Moreover, this also makes us a member of the Climate Alliance of the Senate of the Economy.
We have decided to support a wind power project in India under the sovereignty of the United Nations. This way we also support the United Nations' sustainability goals by fostering the economy in developing and emerging countries, while also achieving social and environmental benefits.
Name: Wind power project at Jaibhim by SIIL
Saved emissions per year (tons CO2eq): 52.898
Total of saved emissions (tons CO2eq): 528.980
Project duration 2012-2022
SIIL and Fokus Zukunft have agreed that the climate protection certificates of the two wind power projects will be offered exclusively through Fokus-Zukunft. Our decision has been particularly influenced since SIIL has not only implemented two very nice climate protection projects but as a company also ensures that its vaccines are made available to children at low cost in all countries of the world.
Serum Institute of India (SIIL) is a manufacturer of vaccines in India. It was founded in 1984. The company is managed by the Poonawalla Group. Today, Serum Institute of India Ltd has established itself as the world's largest producer of Measles and DTP group of vaccines, SIIL is also accredited with the WHO.
About 65% of children worldwide receive vaccines from SIIL
With growing concerns about the environment and the climate, the Serum Institute of India Ltd. (SIIL) has implemented measures to reduce greenhouse gas emissions through the design and installation of wind power projects in Maharashtra
It was first decided to set up 18 WTGs of 2.1 MW each for this project activity. However, only 16 WTGs were put into operation during the project implementation. “The generated electricity is transported to a substation via a 33 kV transmission line. The generated electricity prevents the construction of new coal-fired power stations“.