ENVIRONMENT TOP PRIORITY   
We firmly believe that it is possible to substantially reduce the environmental impact of our production, sales and maintenance activities in each phase. Thus we have set tough targets to reduce greenhouse gases emitted during production, and are committed to fulfilling these targets.
As a manufacturing and sales organisation, we also have a moral duty to develop products that meet and even exceed existing and future environmental legislation. We are convinced that it is possible to contribute to a cleaner environment while growing as a company. This environmental awareness is embedded in our long-term strategy, and is a top priority for Daikin.

READY TO COMBAT GLOBAL WARMING
The EU has set ambitious goals: reduce energy consumption and carbon emissions by 20%, and increase the share of renewable energy to 20% by 2020. Daikin has just the answer to achieve these three goals: heat pump technology. Thanks to our 50 years of experience in heat pump technology applied to both heating and cooling, we at Daikin are confident that we can make a contribution to curbing global warming. Moreover, by educating our personnel, clients and suppliers, and raising their awareness concerning environmental issues, we are calling upon all of our stakeholders to contribute to a cleaner planet.

PIONEERING INITIATIVES
Daikin won numerous awards in the past fiscal year for its environmental efforts. These awards reflect the energy-efficiency aspects of our flagship products Altherma™, Ururu sarara, Conveni-pack and UX. we also won awards for the voluntary take-back system of redundant air conditioners and heat pumps in the UK. a final achievement is the contribution of two Daikin staff members to the Nobel Peace Prize 2007 awarded to the IPCC (Intergovernmental Panel on climate change) and Mr. al Gore. One of the staff testimonials is presented in this report, together with all of the abovementioned efforts and initiatives. Protecting the environment requires ongoing initiatives, very much like the actions we take in each product life cycle. although many challenges lie ahead, we are confident that our efforts and those of the community at large will bear fruit.

We hope you’ll enjoy reading this report, and may you too become an increasingly efficient energy user!

Masatsugu Minaka President Daikin Europe N.V.	Frans Hoorelbeke Chairman Daikin Europe N.V.