Environmental expenditure

The European Union has defined environmental expenditure in the Recommendation 2001/453/CE, as: “the cost of measures adopted by a company, directly or via third parties, for the purpose of preventing, reducing or repairing damages to the environment deriving from its operations”.

2012 environmental expenditure, limited to just the Group companies which already avail of an environmental accounting system (around 90% of the total), amounted to around Euro 127 million, divided up as illustrated in table No. 73. The figure is in line with last year (in 2011 environmental expenditure amounted to Euro 100 million), considering that a water company (Publiacqua) provided its environmental accounts figures for the first time this year.

Table No. 73 -ENVIRONMENTAL EXPENDITURE OF THE MAIN OPERATING COMPANIES (2010-2012)

Group companies investments current expenditure
(millions of Euro) 2010 2011 2012 2010 2011 2012
Acea Produzione 6.50  13.59 15.09 6.60 0.37 0.79
ARIA Group 0.41 0.01 0.0 1.10 6.10 7.91
Aquaser 0.24 0.40 0.81 1.03 0.99 1.05
Acea Distribuzione 0.41 0.38 0.71 0.48 1.44 0.28
Water services (*) 46.20 72.00 70.24 6.54 4.94 30.18
Total 53.76 86.38 86.85 15.75 13.84 40.21
(*) LaboratoRI, Acea Ato 2, Acea Ato 5, Publiacqua, Acquedotto del Fiora, Umbra Acque and Acque

Recommendation 2001/453/CE also placed the costs for waste management under environmental expenditure. The Group water companies, producers of great quantities of treatment sludge and other industrial residue, spent around Euro 31 million for the disposal of the same in 2012, which joins the totals shown in the table.