With the CO2 flywheel subsidy, Witteveen+Bos wants to invest in its own projects to achieve a greater impact on the climate theme.
Published on 01 September 2020
CO₂ reduction with the Flywheel subsidy
Witteveen+Bos invests in CO2 reduction arising from its projects. Colleagues have been able to apply for the internal CO2 flywheel subsidy from January this year. With this subsidy, anyone aware of a CO2 reduction measure for his or her project, but where no budget has been made available by the client, can still work out their idea.
This subsidy is intended to act as a lever on the market, creating a ‘flywheel’ that can lead to system changes in the fight against climate change. With this extra investment, Witteveen+Bos is trying to entice clients to go the extra mile themselves.
Witteveen+Bos has worked on reducing its CO2 footprint since 2007, and uses the CO2 performance ladder for sustainable business operations. However, the greatest climate gains are no longer to be achieved in the business operations, but through smart ideas and measures in the projects themselves. By way of comparison: the CO2 footprint of a project like widening the A58 motorway is estimated at 80,000 tonnes of CO2, while Witteveen+Bos’ footprint is only 4,000 tonnes of CO2 annually.
With the CO2 flywheel subsidy, Witteveen+Bos wants to invest in its own projects and thus achieve a greater impact on the climate issue. It will also let us develop knowledge, raise awareness in the supply chain, and offer employees the opportunity to innovate in projects.