ERGO aims to achieve carbon neutrality of all its operations. The Company has already taken a wide range of action towards this goal.
Since 2012, we have had carbon-neutral operations in Germany for the CO2 emissions generated in the areas of energy, water, printing and copy paper, waste and business trips. We also succeeded in reducing our CO2 emissions in Germany once again compared with 2012 (see environmental indicators). Modernisation measures at the locations of Hamburg and Cologne and an associated reduction in energy consumption accompanied by a further reduction in the fuel consumption of our business car fleet made a significant contribution to this decline. Since 2015, all locations have had carbon-neutral operations.
Read about our current activities to achieve carbon-neutral operations under the section Environmental performance of our Sustainability Reporting.
We compensate for CO2 emissions which are generated in the course of our business operations and cannot be avoided or reduced by purchasing corresponding CO2 certificates. When we select certificates our priority is that apart from avoiding CO2 emissions they should also exert positive effects on the local infrastructure and population. With the purchase of certificates, we support several projects protecting the climate in different countries.
The projects sponsored by ERGO in the last year are listed in paragraph EN18 in the section Environmental Performance of our Sustainability Reporting.