Europe Outlook Issue 4

Page 39

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and we need to weave it into all our efforts in the transition to a sustainable society,” adds Ms Michel. Since 2011, Kraftringen has developed and produced an annual sustainability report, which the organisation works on all year round. The report monitors key figures and developments as well as customer and partner needs in order to reach climate-orientated goals together.

Projects and investments

Even though Kraftringen’s annual turnover is around SEK 3 billion (approx. €320 million), it has reinvested the same amount of money back into the business via various projects over the past five years. Looking forward, it will continue at an investment pace of SEK 300 million per year (approx. €32 million). “These are ambitious numbers when you look at our annual turnover and profit,” cites Ms Michel. Kraftringen’s biggest ongoing investment is to support its journey and vision of becoming climate neutral. This is because the local government of Skåne wants the whole region to be completely free of fossil fuels by 2020, which Ms Michel describes as a “very challenging and ambitious target”. However, Kraftringen has developed a declaration of intent in conjunction with the regional government, which is the first of its kind in Sweden, in the hope of achieving this challenging objective. Regardless of whether the

Kraftringen: a creative and friendly workplace environment

This is where thinking globally, acting locally really makes sense because these carbon savings are not isolated to this region... something that Germany, England, France and the rest of the world will benefit from” Hot water storage tank, part of the district heating system

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Europe Outlook Issue 4 by Outlook Publishing - Issuu