page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29
page 30
page 31
page 32
page 33
page 34
page 35
page 36
page 37
page 38
page 39
page 40
page 41
page 42
page 43
page 44
page 45
page 46
page 47
page 48
page 49
page 50
page 51
page 52
page 53
page 54
page 55
page 56
page 57
page 58
page 59
page 60
page 61
page 62
page 63
page 64
page 65
page 66
page 67
page 68
page 69
page 70
page 71
page 72
page 73
page 74
page 75
page 76
page 77
page 78
page 79
page 80
page 81
page 82
page 83
page 84
page 85
page 86
page 87
page 88
page 89
page 90
page 91
page 92
page 93
page 94
page 95
page 96
page 97
page 98
page 99
page 100
page 101
page 102
page 103
page 104
page 105
page 106
page 107
page 108
page 109
page 110
page 111
page 112
page 113
page 114
page 115
page 116
page 117
page 118
page 119
page 120
page 121
page 122
page 123
page 124
page 125
page 126
page 127
page 128
page 129
page 130
page 131
page 132
page 133
page 134
page 135
page 136
page 137
page 138
page 139
page 140
page 141
page 142
page 143
page 144
page 145
page 146
page 147
page 148
page 149
page 150
page 151
page 152
page 153
page 154
page 155
page 156
page 157
page 158

Sustainable Supply Chains to assure we can achieve our corporate objective of delivering long-term value Noble's supply chains need to be sustainable. The systems Noble employs at our processing sites strive to ensure Noble's business stays competitive and at the same time will help the company to achieve our target of reducing the carbon intensity of traded volumes. Renewable energy complexes All assets Noble Group operates require a reliable and efficient energy supply. The main decisions, also driven by climate change considerations within Noble's business strategy, were related to investments in climate-friendly renewable energy technology in existing as well as in newly acquired/constructed assets. Below please find a few key investments realized more recently which can be highlighted:. In Argentina, Noble invested in biomass-fired cogeneration equipment at our sugar and soybean processing facilities.. In Ukraine, Noble purchased a biomass boiler for our new agricultural processing facility to enable conversion to co-generation in the future.. In Brazil, two biomass boilers (for multiple biomass fuels) were bought for Noble's new oilseeds project in Brazil. Part of this investment also includes the decision to construct a biodiesel plant on the same site.As energy use is unavoidable in the processing of assets, the investments Noble is making now, despite being financially less attractive in the short term, aim to ensure a sustainable solution to heat and power consumption for the company in the future. Carbon Neutral CoffeeAs one of the largest coffee trading companies in Brazil, in 2010 Noble assessed the Carbon Footprint of the Group's coffee supply chains in Brazil to develop a new product - Carbon Neutral Coffee from Brazil. Noble Group sources its coffee from a range of plantations located in the coffee growing regions of Brazil. To allow for a representative Carbon Footprint calculation, Noble collected primary data from farms, a processing and storage facility owned by Noble Group, as well as for the various transportation routes. On the basis of the data received and in line with the standards PAS 2050 and ISO 14044, the calculation was undertaken comprising all the relevant emissions from the farming to the end consumer. The outcome of the assessment showed that the centre of gravity of the emissions caused by the production of coffee is related to the farming stage, followed by overseas transportation and roasting. The calculation was verified by TUEV-Nord to assure its completeness, accuracy and conservativeness.Sustainable Supply Chains

Web - R0/G0/B0as many of our products are sourced literally from the earth, environmental care is important to us in Noble. The following projects highlight a few activities and business units in this area, implementing best practices.Carbon Neutral ProjectWith the commencement of the Carbon Neutral Project as part of the Clinton Global Initiative Noble Group implemented a step by step emission reduction and offsetting programme throughout the company. In the meantime the company assessed, reduced and offset the Carbon Footprint of our 100+ offices, our beneficiary ships as well our publications and events.In addition we launched a Carbon Neutral brochure in five different languages and a "Going Green" website to raise awareness about climate change among our staff, customers, investors and stakeholders. A Carbon Neutral handbook was published as a guide for the company's internal carbon footprint calculations of business operations. One of the purposes to performing a GHG inventory for us is to identify potential sources for reducing emissions. Through the establishment of a GHG inventory, our major emission sources have been detected, which allows us to define actions. In the last step, to offset all our CO2e that could not be eliminated, we purchased carbon credits. In our selection of projects, such as wind farms in India or energy efficiency projects in China, we targeted projects that in addition to an emission reduction also have co-benefits that positively impact the lives of the people in the communities in which they are located. Noble Carbon Credits also offers a service to their customers to make their companies, supply chains and products Carbon Neutral. In September 2011 Noble Group made the Greener Skies Aviation Conference in Hong Kong a Carbon Neutral Event by offsetting the emissions caused with Carbon Credits (VERs).Noble Carbon Credits and Noble Clean FuelsWhen the European Emission Trading Scheme came into being, Noble Group began to focus increasingly on businesses that contribute to the environment. This is when our Carbon Credits Division was founded. Today Noble Carbon Credits is one of the leading companies in the global emission trading market. We are registered as Project Participant in 130 Clean Development Mechanism (CDM) projects and manage a diverse, risk-reducing supply portfolio. In 2010 Noble Carbon Credits was voted Best Project Developer by Point Carbon, the prime carbon market news organization. Noble Carbon's synergy with Noble Group means customers can depend on high quality execution and the strong balance sheet of the Group. This also allows investments in Clean Development Mechanism (CDM) projects. As for example in the case of a coal mine methane project in the Shanxi province of China where previously vented mine gas is now captured and used for power and heat generation. In addition to a climate change mitigation effect the project also promotes mine safety. Next to the carbon credits team Noble Clean Fuels was founded in 2000 as part of the Groups Energy Division. They have, in reaction to new market demand driven by the political debate on climate change, also started to trade non-fossil fuels. Demand for products such as ethanol and biodiesel is increasing and Noble Clean Fuels is already realizing business opportunities with these products. Noble Groupwww.thisisnoble.comEnvironmental Care