Environmental Protection

CAREL and all its employees act in compliance with the ruling laws and regulations when carrying out their duties to protect the environment, reduce pollution and contribute to the achievement of exemplary results in this sector. In addition, CAREL contributes to the promotion of scientific and technological development for the protection of the environment and resources at the appropriate levels and during the performance of its activities.

As noted, dedicated resources at the parent and Carel Electronic (Suzhou) Co. Ltd. manage environmental issues as both sites are ISO 14001:2015 certified. They prepare specific environmental policies to flank those defined at group level.

Although it is not exposed to particularly significant risks, CAREL has identified the following possible environmental impacts related to emissions (harmful ozone gas, greenhouse effect, pollutants) and consumption of natural resources (electrical energy, natural gas, water, raw materials). It monitors and manages these impacts constantly to ensure compliance with the ruling legal requirements of the countries where it operates.

Management’s current approach is to assess the energy efficiency of production equipment, vehicles used to transport people and things and technical and technological systems before it purchases them. As required by the current legislation, the parent carried out a second energy audit in 2019 and its findings will be evaluated during the first few months of 2020.

CAREL’s energy consumption is driven by its manufacturing plant and the lighting, heating and cooling of the work environments. In addition, its fleet of company cars and logistics vehicles used for internal transport between the different buildings of the same production site also contribute. The available energy sources vary depending on the operating requirements and geographical areas in which CAREL’s production sites are located. The parent agreed a contract with a provider at the end of 2019 for the supply of electricity solely generated from renewable sources to comply with its policy. In 2019, total energy consumption approximated 65,090 GJ and CO2e emissions for total energy consumption were roughly 6,010 tCO2e with about 17% coming from renewable sources. Compared to 2018, the percentage of electricity provided from renewable sources increased, thanks in part to the fact that it was entirely obtained from renewable sources in Italy.