We are using internal carbon price in Development and Service Operation Capital Equipment organization to drive the behaviour change leading to reduction of GHG emissions and encouraging investment in renewable energy.
Analysis of the team's environment performance showed that air freight shipments were responsible for a large proportion of emissions for part of our organization (Development and Service Operations Capital Equipment). Training was delivered to the market companies to raise awareness and introduce a new policy on air freight – that it should only be used in business critical situations, and with the explicit approval of the relevant managing director and the Vice President Development and Service Operations (DSO) Capital Equipment.
Any use of air freight will now incur a fee which fee which DSO which will then invest in renewable electricity. This internal fee has proven to be very effective and helped to reduce air freight notably for the specific organization (DSO Capital Equipment) where it was implemented.