Verbund - one with the environment

Verbund electricity makes a major contribution to CO2 prevention in Austria: if Verbund had produced its existing hydropower electricity in thermal power plants, emissions of the air pollutant carbon dioxide in Austria in 2002 alone would have come to 24.7 million tons. In other words, emissions would have been by approx. one third higher.

This is a concept under which E-Control issues certificates for the generation of renewable energy. These certificates can be traded internationally. For Verbund, this innovative trading business constitutes a promising European market and it plans to play a crucial role there.

Within the framework of the project Environmental Accounting, a guideline was laid down for the integration of environmental costs into the group accounting system. Key points include the stabilization of environmental investments throughout their depreciation periods and the analysis and allocation of cost items to defined environmental parameters. Since the introduction of this system, Verbund has played a pioneering role in the recording of operative environmental costs.