Storebrand becomes carbon-neutral
By reducing our net carbon emissions to zero, we are taking an active stance to ensure the well-being of our descendants. Climate change is now considered to be the biggest environmental challenge facing the world, and though Storebrand's emissions are comparatively small, the decision to become carbon-neutral sends an important signal to society that we take the risks associated with greenhouse emissions seriously. We will also use this decision actively to inform and engage our employees and customers on the topic of climate change.
Our climate strategy
Storebrand has worked systematically for the past 10-15 years to reduce the environmental impact of our business operations through reduced energy and paper consumption, waste sorting, recycling of electronics, an environmentally conscious travel policy and monitored water consumption.
As Norway's third largest private real estate company, we also impose specific requirements linked to the management of our properties and how it impacts the internal and external environment. Greenhouse gas emissions are also important in our work with social responsible investments.
Finally, we are working actively to introduce new products and services that contribute to reducing greenhouse gas emissions or solving societal challenges. Our responsible investments, including microfinance, are the most important.
Certified emission reduction credits
We are combining our own efforts in reducing emissions and developing new products and services, with buying certified emission reduction credits, CER (Certified Emissions reduction) through the UN's CDM-market (Clean Development Mechanism). CDM is an arrangement under the Kyoto-protocol.
Our emissions are calculated using a method recognised by the Norwegian government. For Storebrand, it is based on emissions related to energy consumption (in our offices) and business travel by car and plane.
