s o c i a l
r e s p on s i b i l i t y
FCC, as a sign of its commitment to the en-
vironment, decided to calculate the carbon
footprint associated with its 2013 Annual
General Meeting and to offset the emis-
sions generated by the event. The AGM,
therefore, became a neutral CO
2
equivalent
event.
The Standard Corporate Accounting and
Reporting Standard for the emissions of
green house gas emissions, the GHG Pro-
tocol, were used to calculate its carbon
footprint. The main greenhouse gas emis-
sions at the AGM were those associated
with the transfer of people to the venue,
which amounted to nearly 70% of total
emissions.
Nevertheless, other sources of emissions
were also taken into account, such as tho-
se related to the preparation and transport
of communications materials, those as-
sociated with the catering, as well as the
emissions from the generation of electricity
consumed during the event.
The calculation methodology used made
it possible to determine that the carbon
footprint of FCC’s AGM in 2013 amounted
to 12 tonnes equivalent of CO
2
. FCC has
took an additional step and offset these
emissions by purchasing Certified Emission
Reduction (CERs) accredited by the United
Nations Framework Covenant on Climate
Change, and stemming from a project de-
veloped under the Kyoto Protocol Clean
Development Mechanism (CDM).
Wind power generation project in Gansu (China)
Distribución por categorías de la huella
de carbono de la Junta de Accionistas 2013
The project selected for offsetting the
emissions was the wind power farm in
the China’s Gansu province.
Thanks to this project, besides reducing
CO
2
emissions by more than 400,000
tonnes through the use of renewable
energies, more than 300 local jobs were
created associated with the wind farm
and a significant improvement in air qua-
lity by reducing contaminating SO
2
and
NOx emissions from burning fossil fuels.
The wind farm contributes to the sus-
tainable development of a region with a
great shortage of electricity which signifi-
cantly hampers its economic growth.
