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April

Abengoa presents the results of its emissions management in 2013

April 11, 2014

  • The company has announced a 6.9% reduction in the emissions derived from its activities compared to the previous year.
  • Abengoa has been recognized by indices such as the Carbon Disclosure Project, FTSE4Good, Nasdaq OMX Green Economy, Ethibel Sustainability Index and the FTSE Low Carbon Economy.

April 11, 2014. Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has announced the results of the management of the emissions generated by its activities during 2013. Abengoa regularly evaluates the management of its emissions in relative terms based on sales. The company’s performance has improved achieving a ratio of 1.51 tons of CO2 emitted per k/€ of sales, 6.9% lower than the previous year.

Abengoa has also labelled the CO2 emissions associated with its products and services for the third consecutive year, using specific methodologies developed internally based on international standards. It currently has a total of 32 labels associated with different products and services, of which the latest three were calculated in the first quarter of 2014. Labelling products and services enables emissions to be compared over consecutive years and makes it possible to analyze the energy efficiency and intensity of the emissions, verifying the sustainability of the company’s production processes.

Abengoa uses its own Integrated Sustainability Management System, which contains all the information required for the labelling in order to calculate the carbon footprint of these products and services. The process is based on the GHG Protocol Life Cycle Analysis developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) to calculate and report GHG emissions of products and services during their life cycle; and on Publicly Available Specification (PAS) 2050, for certifying GHG emissions during the product manufacturing and services life cycle.

Moreover, since creating its greenhouse gas inventory in 2008, Abengoa has been able to design initiatives to reduce emissions across all of its companies. In 2013 it reduced its emissions by more than 187,300 tCO2 equivalent, in absolute terms, through initiatives such as installing CO2 capture systems in the fermentation processes at its bioenergy plants in Holland and France, or purchasing green-certified energy.

These sustainability-related initiatives have made Abengoa one of the world’s leading companies in this area, recognized by indices such as the Carbon Disclosure Project, FTSE4Good, Nasdaq OMX Green Economy or the Ethibel Sustainability Index. Furthermore, in 2013 Abengoa was selected for the FTSE Low Carbon Economy, a new sustainability index that evaluates companies that have activities considered to have a low carbon footprint.

Abengoa is consolidating its leadership position in developing innovative technology solutions for sustainable development, making it a global leader in developing policies that tackle climate change and for the sustainability of its activities.

About Abengoa

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com).

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