It is our ambition to operate fully circular by 2030. This means no waste, no emissions and maximum (re)use of products and materials. This is in line with Sustainable Development Goal 12 (responsible consumption and production). At this moment nearly 40% of our operations is circular.
To become fully circular is a bold ambition. It requires serious investment and other, not always easy, choices. We also notice that this ambition results in enthusiasm and support of our people.
Last year we monetised our CO2 emissions as a next step in taking responsibility for our environment. In calculating the cost of our carbon footprint, we have applied a rate of 100 euro per ton resulting in a budget of € 1.85 million for fiscal year 2018/2019.
This rate is based on a study by the Netherlands Bureau for Economic Policy Analysis (het Centraal Planbureau), that estimates the minimal social cost of emitted carbon in 2030 of 100 euro per ton of CO2. Social costs are not based on current market prices of emission trading, but on estimated social costs in the long-term of continuing to use natural resources at the rate we do today.
We use this money for measures to reduce our negative environmental impact, investments in sustainable innovations and in offset-programmes. In 2018, we donated an electric airplane to the Netherlands Aerospace Centre (NLR). This airplane will be deployed as research aircraft. The aim behind this donation is to stimulate the transition to electric flight.
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