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In order to meet the many challenges the future holds, we want to become three times more efficient by 2030. We call this “Factor 3” for short.
If we are to live in harmony with our limited resources in 2050, we must become five times more efficient. By 2030, therefore, we want to triple the value we create through our business operations in relation to the overall environmental footprint of our products and services.
With our 2030-goal in mind, we have set concrete interim targets for 2015. To reach our ambitious sustainability targets, we will have to improve our efficiency by an average of 5 to 6 percent each year. We have therefore set concrete interim targets for the five years period from 2011 to 2015. For the period up to 2015, we thus intend to improve the relationship between the value we create and our environmental footprint by 30 percent overall.
We concentrate our activities along the value chain on six focal areas that reflect the challenges of sustainable development as they relate to our operations.
Innovating and achieving more with less will be a key to a sustainable development that does not sacrifice people’s quality of life. To drive progress along the entire value chain through our products and technologies, we concentrate on a fixed set of areas that summarize the challenges as they relate to our operations.
We have subdivided these focal areas into two dimensions: “more value” and “reduced footprint”. In order to successfully establish our strategy and reach our goals, both of these dimensions must be ever-present in the minds and day-to-day actions of our around 47,000 employees and mirrored in our business processes.