sdr.indb

We use cookies to personalise content and ads, to provide social media features and to analyse traffic. We share info about use of our site with social media, ads and analytics partners. By continuing to browse you are agreeing to use of cookies. See details or close this message.

Page

/128

100%

Specifications	sdr.indb
Business section

We anticipate that the accumulation of ‘carbon credits’ obtained through reforestation (and through our renewable

Specifications	sdr.indb
Suggested Link Details/Purchase
Content	We anticipate that the accumulation of ‘carbon credits’ obtained through reforestation (and through our renewable energy projects) will beneﬁt us in the future when carbon trading becomes a permanent feature of mainstream international business. Because we believe that it is important to support the creation of this international carbon-trading market, we are participating in pilot projects that we hope will generate momentum in this crucial area of environmental care. In an earlier section we mentioned the higher risks associated with reforestation (ﬁres, lax environmental protection systems in developing countries). In order to reduce these risks to a minimum, we spend a long time investigating potential reforestation sites and evaluating the safety of our investments. Some investigations (for example in South America) have lead to us abandoning potential sites precisely because we considered these risks to be too high. By the end of 2003 our Carbon Offset program had resulted in approximately 3,800 hectares of land being reforested. We are also making good progress in setting up the projects that will help us meet our reforestation targets over the next 6 years. Examples • As we reported last year, ST signed an agreement with the Environment Ministry of Morocco to be able to plant trees in an area covering 10,000 hectares over the next six years, helping us to reach our Decalogue targets. This area will sequester 5.8 million tonnes of CO2 over the next 40 years. ST will pay all costs relating to the planted forests and will be the owner of associated carbon credits. Almost 1,600 hectares were planted in 2003 and by the end of 2004 the program will have covered 3,000 hectares. • We are exploring a potential 10,000-hectare reforestation project in New South Wales, which would offset about 5.4 million tonnes of CO2 during the lifetime of the forest. A pilot project was carried out on this site in 2003, during which an area of 1,600 hectares was planted. This area alone will offset approximately 800,000 tonnes of CO2 during its estimated lifetime. 94
Navigation	Previous Page / Next Page
Following Datasheets	SV-100-1 (1 pages) SV-100-2 (1 pages) SV-100-3 (1 pages) SV-100-4 (1 pages) SV-100-7 (1 pages) SV-100-8 (1 pages) SV-48-2 (1 pages) SV-48-4 (1 pages) SV-48-5 (1 pages) SV-52-1 (1 pages)
Check in e-portals	World-H-News Products Extensions Partners Automation Jet Parts
Sitemap Folder	group1 group2 group3 group4 group5 group6 group7 group8 group9 group10 group11 group12 group13 group14 group15 group16 group17 group18 group19 group20 group21 group22 group23 group24 group25 group26 group27 group28 group29 group30 group31 group32 group33 group34 group35 group36 group37 group38 group39 group40 group41 group42 group43 group44 group45 group46 group47 group48 group49 group50 group51 group52 group53 group54 group55 group56 group57 group58 group59 group60 group61 group62 group63 group64 group65 group66 group67 group68 group69 group70 group71 group72 group73 group74 group75 group76 group77 group78 group79 group80 group81 group82 group83 group84 group85 group86 group87 group88 group89 group90 group91 group92 group93 group94 group95 group96 group97 group98 group99 group100 Prewious Folder Next Folder