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PSA COUV page . page RA GB - PEUGEOT Presse

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Growth Strategy<br />

Corporate<br />

Governance<br />

Business Review<br />

Corporate Policies<br />

Management’s<br />

Discussion<br />

and Analysis<br />

Statistics<br />

<strong>PSA</strong> Peugeot Citroën is committed to an ambitious policy of environmental stewardship,<br />

seaming integrated with its industrial strategy and based on the principles of sustainable<br />

development.<br />

The policy covers both vehicles, to curb their environmental impact, and production facilities,<br />

to safeguard the environment and preserve the quality of life of neighboring communities.<br />

CARS AND THE ENVIRONMENT<br />

For <strong>PSA</strong> Peugeot Citroën, the major<br />

environmental challenge is to harmoniously<br />

integrate vehicles into their environment<br />

and, in particular, to abate the greenhouse<br />

effect. The Group believes that, as a<br />

carmaker, it should make a proactive<br />

commitment to reducing carbon dioxide<br />

emissions, and that one way of achieving<br />

this is to develop technologies that reduce<br />

fuel consumption. It also assertively<br />

promotes the use of biofuels, sponsors<br />

environmental initiatives and invests to<br />

make its vehicles as recyclable as possible.<br />

HELPING TO ABATE CO 2 EMISSIONS<br />

According to the OECD 2001 Outlook, cars<br />

account for just 5.5% of CO 2 emissions<br />

generated by human activity, far behind<br />

manufacturing operations. This figure is<br />

nonetheless of concern as the global<br />

automobile fleet continues to expand.<br />

Curbing CO 2 emissions by the marques’<br />

vehicles is therefore a priority avenue of<br />

improvement, in particular through the<br />

Group’s long-standing commitment to<br />

diesel engines. These powerplants deliver<br />

equivalent performance, yet use less fuel<br />

and therefore emit less CO 2 than gasoline<br />

engines, all while reducing other emissions<br />

thanks to the development of Group<br />

technologies. They are also widely accepted<br />

in Europe, as seen in the steady increase,<br />

to a current 43%, in the percentage of<br />

diesels among cars sold in the region.<br />

In 2002, for example, <strong>PSA</strong> Peugeot Citroën<br />

was the world’s largest manufacturer<br />

of common-rail, direct-injection HDI<br />

engines, with output of 1.4 million units.<br />

The latest generation of this powerplant<br />

reduces CO 2 emissions by 20% compared<br />

with a conventional injection diesel and<br />

by 30% compared with a gasoline<br />

engine. Plus the widespread use of<br />

turbochargers and high pressure direct<br />

<strong>PSA</strong> <strong>PEUGEOT</strong> CITROËN - MANAGING BOARD REPORT 73

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