Haldex among 2007's top climate improvers According to Folksam's Climate Index, which presents a quantitative measurement of the environmental impact caused by listed companies' production operations, Haldex is best in the industry and third best in Sweden at reporting its impact on the environment. Climate Index 2007, which was carried by the Carbon Disclosure Project (CDP), was based on a poll of 2,400 companies, of which 70 Swedish companies responded. The answers from the poll were evaluated by CDP, which then ranked the companies. None of the companies achieved the highest possible score of 100, but the top-ranked company was close with a score of 91 and Haldex was not far behind with 86 points. “For several years, environmental issues have been a natural part of Haldex's daily operations and an important aspect of the Group's brand. Naturally, it feels great that we are being recognized for this,” says Joakim Olsson, President and CEO of Haldex. The Group's business concept includes focusing on products that improve the environment. One such example is Haldex's Varivent product, which makes it possible to reduce emission levels of nitrogen oxides from diesel engines, while at the same time providing low fuel consumption. Another example is Alfdex, a system for separating oil particles in the ventilator air from diesel crankcases, known as crankcase gases. The crankcase of a diesel engine in a truck normally emits 6 to 9 liters of lubricant oil per 1,000 hours. Alfdex practically eliminates these emissions. Haldex's environmental work takes into account the total environmental impact caused by the manufacture, use and scrapping of the company's products. It is based on a lifecycle perspective. “Our tangible environmental action plans are formulated locally to enable optimum adaptation to each respective unit's operations and environmental impact. The results of these efforts are followed up annually at the Group level and total CO2 emissions are registered,” explains Joakim Olsson, President and CEO of Haldex. For additional information, please contact Joakim Olsson, President and Group CEO, phone. +46 8 545 049 52 or +46 70 545 86 54 or Stefan Johansson, CFO, phone. +46 8 545 049 52 or +46 70 224 24 01. Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Stockholm Stock Exchange and has annual sales of nearly 8 billion SEK with 6,000 employees. Haldex discloses the information in this press release according to the Swedish Securities Market Act and/or the Swedish Financial Trading Act. The information was provided for public release on Tuesday, 29 January 2008.
Haldex among 2007's top climate improvers
| Source: Haldex AB