Responsibility

Environmental calculation

The environmental calculation describes the costs, investments, responsibilities and income related to reducing environmental impacts.

INVESTMENTS IN EMISSIONS REDUCTION AND RENEWABLE ENERGY

The environmental investments of Helen Ltd amounted to about EUR 17.7 million in 2016, representing one-third of all our investments.

The biggest environmental investments during the year were related to increasing pellet combustion (EUR 8.2 million), reducing flue gas emissions (EUR 4.5 million) and building heat pumps (EUR 2.3 million).

Environmental investments 

 Million euros
2012 2.2
2013 2
2014 10.5
2015 24.4
2016 17.7

ENVIRONMENTAL COSTS INCREASED

Environmental costs increased slightly on the previous year, standing at EUR 18.2 million (EUR 16.6 million). Environmental costs represented 2.9% of total costs (2.9%).

Flue gas cleaning (EUR 5.3 million), and waste management and the utilisation and final disposal of by-products (EUR 4.1 million) accounted for the highest environmental costs. We managed to keep the nitrogen oxide emissions at the previous level by increasing the efficiency of denitrification.

Environmental income continued to grow to EUR 1.5 million. The income mainly accrued from the sale of various emission reduction solutions.

 The environmental balance sheet

 2016 
1 000 €
change %2015 
1 000 €

ENVIRONMENTAL COSTS

     
Protection of air, soil and surface waters      
   Desulphurisation 4,427 4,150 
   Denitrification 595 263 164 
   Removal of particles 284 -18 346 
   Waste management and utilisation of combustion product 3,450 77 1,947
   Other waste management 668 -35 1,021
   Monitoring of emissions and environmental impacts 87 -3 89 
   Protection of soil and groundwater -96  32 
Interaction      
   Energy-saving advice 1,157 -8 1,261
   Environmental communication and marketing 712 20 595
Environmental management and training 1,303 -4 1,358

Environmental protection research and development

327 -80 1,904
Improvement of eco-efficiency 1,229 114 574

Depreciation on environmental protection investments

3,906 23 3,167

ENVIRONMENTAL COSTS IN ALL

18,192  10 16,610
   % of turnover 2,7%    2,6% 
   % of all expenses 2,9%    2,9% 

ENVIRONMENTAL INVESTMENTS

17,702 -27 24,358 
   % of all investments 33,4%   32,9% 

ENVIRONMENTAL REVENUE

1 540  98 779
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