Without an emission reduction programme, Novo Nordisk's emissions would be expected to increase by approximately 65% during this period. The reductions will be achieved through a mix of energy efficiency and renewable energy projects carried out at Novo Nordisk operations globally.
“Through Novo Nordisk’s commitment to the Triple Bottom Line we are determined to minimise the impact of our activities on the global, regional and local environment. The partnership with WWF plays a significant part in helping us achieve this” Lise Kingo, Executive Vice-President and Chief of Staffs.
In May 2007, Novo Nordisk entered into a pioneering partnership with Denmark’s largest energy company, DONG Energy, with the objective of securing 100% delivery of green electricity for Novo Nordisk in Denmark by 2014.
Under the partnership, DONG Energy assists Novo Nordisk in identifying energy-saving options and in return Novo Nordisk commits to earmark the financial saving of these projects for purchasing green electricity from a new off-shore wind-farm which will be in operation in 2010. With this agreement Novo Nordisk has devised a cost-neutral way to achieve significant reductions in CO2 emissions - and at the same time help grow the market for renewable energy in Denmark. The partnership will deliver an expected reduction of 80-100,000 tons CO2.
For more information:
Novo Nordisk sustainability statement