Business travel and offsetting CO2 emissions
We try to minimize our carbon footprint and encourage our employees to choose high-speed rail rather than air travel, recording a 5.7% increase in global employee rail travel and an 8% reduction in the number of flights taken in 2012. Our investments in video conferencing solutions contributed to this reduction and we also recorded a 31% increase in video conference volumes compared with the previous year. The marketing and events team adopted environmental guidelines for client conferences and considered the impact of delegate travel, hotels, venue facilities and catering as part of their logistics and planning.
Over the past six years, we have offset all CO2 emissions resulting from agency booked business air travel and client events and conferences. We neutralized over 600,000 metric tons of CO2 emissions and thereby supported renewable energy and other projects reducing CO2 emissions with an amount of CHF 5.3 million. Projects we select meet the requirements of the Gold Standard for voluntary emissions reductions while providing positive community benefits. Schemes selected include wind power projects in Turkey and community biofuel projects in China, South Africa and India.
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