Annual Reports 2011 V ontob el Group - Vontobel Holding AG

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to the consolidated financial statements, note 29. Our compensation system places a strong emphasis on the long-term performance of the Vontobel Group and defers the payment of part of the variable compensation awarded to participating employees. In this way, we encourage and reward responsible and risk-conscious conduct that is in the best interests of the company. Environmental and climate protection – an ongoing commitment Reducing the environmental impacts of our banking operations is a key objective at the Vontobel Group. In 2011, we once again made progress at various levels. Our key sustainability indicators illustrate the improvements we achieved in many areas. In individual cases, the indicators were also influenced by the increasing quality of data collection. The second table shows all of the figures in relation to the number of full-time equivalents at the Vontobel Group and thus reflects the environmental impact per employee – a measure that improves comparability (both over time and with other organizations). Environmental key figures absolute 2011 1 2010 2009 Total energy consumption (MWh) 12,922 14,328 14,361 Electricity consumption (MWh) 9,060 9,546 10,185 Heat consumption (MWh) 3,168 3,970 4,080 District heating usage (MWh) 694 812 96 Business travel (1,000 km) 14,748 14,262 12,501 Paper consumption (t) 194 259 269 Proportion of recycled paper used (%) 12 13 9 Proportion of FSC-label paper used (%) 81 79 73 Water consumption (drinking water, m3 ) 21,462 24,975 23,432 Volume of waste (t) 309 285 299 Recycling ratio (%) 71 623 Total greenhouse gas emissions 64 (CO2 equivalents in t) 2 Greenhouse gas emissions: scope 1 and 2 3,799 4,003 4,090 (CO2 equivalents in t) 2 Greenhouse gas emissions: scope 3 1,365 1,526 1,846 (CO2 equivalents in t) 2 2,434 2,477 2,244 1 Figures based on revised period (01-10-10 – 30-09-11) 2 Definition according to GHG Protocol 3 Adjusted figure Sustainability at the Vontobel Group Total energy consumption per employee (kWh/FTE) 2009 2010 2011 12,000 10,000 8,000 6,000 4,000 2,000 Vontobel Group, Annual Reports 2011 21 0 Business travel per employee (km/FTE) 2009 2010 2011 12,000 10,000 8,000 6,000 4,000 2,000 0
Sustainability at the Vontobel Group 22 Vontobel Group, Annual Reports 2011 Environmental key figures per employee 2011 1 2010 2009 Total energy consumption (kWh/FTE) 9,305 10,644 11,522 Electricity consumption (kWh/FTE2 ) 6,524 7,092 8,172 Heat consumption (kWh/FTE) 2,281 2,949 3,273 District heating usage (kWh/FTE) 500 603 77 Business travel (km/FTE) 10,619 10,595 10,030 Paper consumption (kg/FTE) 139 193 216 Water consumption (drinking water, l/FTE) 15,454 18,553 18,801 Volume of waste (kg/FTE) Total greenhouse gas emissions 223 212 240 (CO equivalents in kg/FTE) 2 3 Greenhouse gas emissions: scope 1 and 2 2,735 2,974 3,283 (CO equivalents in kg/FTE) 2 3 Greenhouse gas emissions: scope 3 982 1,134 1,482 (CO2 equivalents in kg/FTE) 3 1,753 1,840 1,801 1 Figures based on revised period (01-10-10 – 30-09-11) 2 FTE = Full Time Equivalent 3 Definition according to GHG Protocol The consumption of both electricity and heat decreased in the year under review in absolute terms and per employee. This pleasing development reflects a host of different factors. For example, Vontobel made various changes to the structure of its largest data processing centre in 2011 to reduce the amount of electricity used by its cooling systems. The systematic procurement of energy-saving computers (for use both in the data processing centres and for desktop applications) also reduced electricity consumption. In 2011, the company installed new printers that switch to energy-saving mode much more rapidly than the previous models. As a result of all these measures, we achieved a reduction in our electricity and heat consumption in our Swiss locations in particular. At the same time, it should be noted that the winter of 2011 was warmer, thus reducing heating requirements and lowering consumption in this area. In view of the positive insights gained from the energy audit conducted at our main office building in Zurich in 2010, a new energy audit was launched at our second largest building in Zurich in 2011. The results will become available this year and are once again expected to provide the basis for significant savings. The level of business travel per employee was largely in line with the previous year, reflecting a slight increase in travel by staff in international locations, while employees in Switzerland travelled less. This decrease was partly attributable to the further expansion of Vontobel's telephone and videoconference facilities. Paper consumption declined overall, reflecting a reduction in the amount of marketing materials printed as well as a decrease in the amount of paper used by employees for printing and photocopying purposes. Another factor is the improved recording of data at Vontobel's international locations, which resulted in lower consumption figures. The photocopying and printing paper used at Vontobel now contains at least 50% recycled fibres, thus significantly reducing the use of fresh fibres. Water consumption fell significantly both in absolute terms and per employee: this was primarily the result of the energy audit conducted at Vontobel's largest office building in Switzerland. The subsequent measures
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To the General Meeting of Vontobel
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Vontobel Group, Annual Reports 2011
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Switzerland Zurich Vontobel Holding
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Annual Reports 2011 V ontob el Group - Vontobel Holding AG

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