Bupa has established a £50m investment over 2014 and 2015 into low carbon and energy saving technology. This fund will help to deliver our absolute carbon reduction target of 20% by 2015 (2009 base).
Bupa has also established an internal carbon charge on emissions from business flights for 2014.
This is the first step towards embedding the true cost of pollution into our capital approvals and decision making by 2020. We will further explore carbon pricing and how to embed carbon into core business decisions in 2014 and 2015 and this can deliver more low carbon behavior change and projects inside Bupa.
Our current carbon charge is funding two offset projects, one in Peru is financing efficient low emission cook stoves, which reduce air pollution and the associated damage to heart health
2014 – Establish internal carbon price on business flights in 2014
2015 – Implementation of all Energy Saver Fund projects within 2014/15 timeframe.
2015 – 20% CO2 reduction by end 2015 (2009 base)
2015 – Explore carbon pricing and how to embed carbon into core business decisions in 2014 and 2015 and this can deliver more low carbon behavior.
Progress on Energy Saver Fund implementation, carbon reductions, and internal carbon pricing will be publicly reported in Bupa’s Annual Report.