4 Environment for its own account and responsible procurement 4.1 General policy and achievements regarding the environment Societe Generale seeks to ensure control of its environmental footprint by taking environmental criteria into account in its internal activities. Positi ve as essm ent of th e 2008-2012 car bon strat egy The Group made a commitment to reduce its CO2 emissions per occupant by 11% over the 2008-2012 period (constant and like-for-like basis) and to gradually offset its CO2 emissions in order to achieve carbon neutrality. On the like-for-like scope of the 2008-2012 programme, energy consumption, office paper consumption, and business trips decreased by 11%, 14%, and 30% respectively. This positive assessment is also based on the establishment of an innovative incentive in 2011: the internal carbon tax. It is paid by each business line and the support function divisions based on their carbon footprint. In 2012, the proceeds from this tax offset all of the 2011 CO2 emissions, making it possible to achieve carbon neutrality with six selected CDM projects (Clean Development Mechanism of the Kyoto Protocol, verified and certified by the United Nations). Carbon reduction programme for 2012-2015 Societe Generale is committed to a dual objective In July 2012, the Executive Committee approved a new 2012-2015 carbon reduction programme, which continues the previous programme with reinforced ambitions for its internal activities with a double objective: ■■reduction of greenhouse gas emissions per occupant by 26% compared with 2007 (excluding resorting to the purchase of green electricity); ■■increase in energy efficiency per occupant of 24% compared with 2007. Societe Generale puts a dual incentive in place The carbon reduction programme is based on the establishment of a dual incentive: ■■extension of the internal carbon tax paid by each business line and the support function divisions; ■■allocation of the revenues from this tax to internal environment efficiency projects. 54 The Group’s environmental policy strives to follow three general action principles: ■■to reduce and minimise the impact of the Group’s activities on the environment; ■■to decrease the costs associated with the consumption of natural and energy resources through rational, optimised use; ■■to constantly monitor customer and staff satisfaction. In 2012, this dual objective was reached: ■■the reduction of CO2 emissions per employee exceeded 20%*; ■■the Group achieved carbon neutrality (excluding Rosbank) by offsetting all of its 2011 CO2 emissions through the purchase of carbon certificates. * On a like-for-like basis, after deducting CO2 emissions avoided thanks to the purchase of green energy, entities excluding Rosbank and scopes 1 and 3 not extended. Efforts to be made to achieve the 2015 objectives in relation to 2012 Results Objectives Change ENVIRONMENTAL INFORMATION Units 2012 2015 2012/2015 Total energy consumption Total consumption per occupant KWh 6,002 5,154 -14% Total consumption per m² KWh 218 173 -21% Greenhouse gas (GHG) emissions GHG emissions per occupant Tonne 2.25 1.91 -15% * Verified by Ernst & Young
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