The LLB Group is committed to continuously reducing its carbon footprint. We therefore encourage our staff to do their part, if possible, by not driving to work, by forming car pools or switching to more environmentally friendly as well as cost saving alternatives. Road traffic in Liechtenstein is increasing at an annual rate of more than three percent. Densely built-up areas mean that carriage-ways and parking spaces cannot be expanded in many cases. As early as 1997, we introduced car park management at our headquarters in Vaduz. This exemplary project has since gone on to set new standards in Liechtenstein.
Since 2010 our comprehensive mobility management has consisted of various elements, such as a graduated fee system for employee parking spaces. This has resulted in a reduction of LLB parking spaces by one third. Furthermore, LLB bears part of the costs of an annual travel pass with the Liechtenstein Bus Company (LBA). Every second staff member has since switched to public transport. Employees commuting to their workplace from outside the area served by LBA buses receive financial support for using public transport in the region. We encourage our staff to take the bus or ride our company bicycles to meetings and events in Liechtenstein.
More than half of the distances travelled by car in Liechtenstein are shorter than five kilometres, as are the distances between the single LLB buildings in Vaduz. Our employees have had the possibility to use company bicycles for more than ten years; we now have forty such bicycles. In addition to campaigns aimed at employees, in 2013 was the LLB Group also the main sponsor of similar projects for the whole of Liechtenstein. In 2013, our Mobility Commission honed its mobility management in Liechtenstein, considerably increased the costs for parking spaces and now provides even greater rewards to those employees who use public transport. Since our ecology and the economy are inseparably linked, our aim of promoting energy efficiency also applies to the number of kilometres travelled on business trips. We were able to further reduce this by promoting the use of technical alternatives, such as telephone conferencing and video-conferencing. Moreover, our employees use public transport as often as possible when on business trips.