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Taking into account the level of activity, in 2021 Velatia has managed to reduce the intensity of its direct and indirect CO2 emissions by 42% compared to 2019, which is the last reference before the COVID-19 pandemic. One of the reasons for this significant reduction is the decision to consume electricity only from renewable sources in several of the group’s companies, a fact that has been accredited through the corresponding Guarantee of Origin certificates.<\/p>\n
Furthermore, this milestone is achieved thanks to the company’s environmental commitment<\/a>, reflected in its roadmap towards decarbonisation with the goal of climate neutrality by 2050. Despite the increase in activity, indirect emissions have been reduced by 12%, as a result of measures to improve energy efficiency that have contributed to achieving this reduction. On the other hand, as regards direct emissions, the absolute value has increased as a result of the increase in production.<\/p>\n In accordance with the environmental strategy regarding the reduction of CO2 emissions and with the ultimate goal of zero emissions by 2050<\/a>, Velatia continuously monitors the footprint of its activities and prepares greenhouse gas (GHG) emissions reports in which direct and indirect emissions are quantified. In relation to this, total direct emissions are considered to be those from the fuel consumed in production processes and boilers (fuel oil and gas), as well as fuel for company vehicles used for commercial work and assembly. Total indirect emissions include electricity consumption.<\/p>\n