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Lafarge and Climate Ch ange. Chris Boyd. CHRISTOPHER BOYD. Joined Lafarge in 1999 (Environment and Public Affairs) "Mr Sustainability" for Lafarge Now General Manager Lafarge Italy Economist 15 years European Commission official. Lafarge, world leader in construction materials.
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Lafarge and Climate Change Chris Boyd
CHRISTOPHER BOYD • Joined Lafarge in 1999 (Environment and Public Affairs) • "Mr Sustainability" for Lafarge • Now General Manager Lafarge Italy • Economist • 15 years European Commission official
Lafarge, world leader in construction materials • 13.7 billion euros • 83,000 employees • Active in 75 countries • Founded in 1833 • 257,000 shareholders
Lafarge and climate change • 1 tonne cement = 0.7 tonne CO2 • 1 tonne cement = c. €60 • Gulp!!! • Lafarge committed to 20% reduction 1990-2010 • WWF climate savers programme
Lafarge and climate change • Accepts that human activity is changing our climate • Accepts that something has to be done about it • But: • Other sectors should take their share of the burden (transport, housing, agriculture) • Efficiency must be a priority • economic • environmental • bureaucratic • Don’t just delocalise emissions
Lafarge is a ‘Climate Saver’ • Lafarge commitment: reduce CO2 globally by 20% per tonne of cement 1990-2010 • Reduce by 10% absolute CO2 in annex 1 • Commitment endorsed by WWF • First mover advantage • Objectives by business unit • CO2 • Cementitious additions • Waste fuels
Lafarge can turn a threat into an opportunity • Accept precautionary principle, push for efficient measures • Move before you’re pushed • Low cost insurance • Defence against energy taxes • Pro-active image • Cut fuel costs • Early mover advantage • Trading is better than taxes or regulations
Industry and emissions trading • Generally in favour: • Least bad solution • Promotes economic efficiency • Avoids eco-tax • But: • What about the others (transport, households…)? • Need safeguard clauses • Bureaucracy
What has Lafarge learnt? • Know-how is more important than technology • Technology can be bought off the shelf • Waste fuel availability • Incentives for private sector are needed • Can't be too far ahead of competition • CDM projects • Awareness • Time is essential • Early moves important • Learning by doing • Marathon not a sprint