Climate Change Data

ALVEST Group

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:2,561 tCO2e
Scope 1 Emissions:748 tCO2e
Scope 2 Emissions:1,813 tCO2e
Scope 3 Emissions:922,000 tCO2e
Total Energy Consumption:19,824 MWh eq.
Water Consumption:18,487 m3
Waste Generated:1,277 tons

ESG Focus Areas

  • Climate Change
  • Employee Well-being
  • Responsible Business Practices
  • Sustainable Supply Chain

Environmental Achievements

  • More than 50% of all products sold were electric, avoiding 400,000 tons of CO2e emissions.
  • All 12 manufacturing sites are ISO 14001 certified.
  • Significant reductions in Scope 3 emissions due to increased electric GSE sales.

Social Achievements

  • Launched the "ALVEST People Company" program to promote diversity and employee well-being.
  • Concluded 12 collective agreements.
  • Implemented a youth employment policy.

Governance Achievements

  • Joined the United Nations Global Compact.
  • Established an Ethics Committee.
  • Implemented an Anti-Corruption Compliance Program.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions.
Medium-term Goals:
  • Increase the proportion of women in top management.
  • Further reduce the environmental impact of products.
Short-term Goals:
  • Achieve 90% completion rate for mandatory TRACE e-learning courses in 2022.
  • Train 1,000 employees in ethics through physical training sessions in 2022.

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic.
  • Need to reduce emissions from manufacturing processes.
  • Need to improve gender diversity in management.
Mitigation Strategies
  • Implemented flex-time work arrangements.
  • Invested in energy-efficient technologies and processes.
  • Launched the "ALVEST People Company" program to promote diversity and inclusion.

Supply Chain Management

Supplier Audits: 340 suppliers with annual revenue above €100k underwent anti-corruption due diligence.

Responsible Procurement
  • Supplier Code of Conduct
  • ESG performance assessment questionnaire
  • Local sourcing

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services.

Reporting Standards

Frameworks Used: UN Global Compact, GHG Protocol

Certifications: ISO 14001, ISO 45001 (Chinese factories)

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 9 (Industry, Innovation, and Infrastructure)
  • SDG 11 (Sustainable Cities and Communities)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)

ALVEST's initiatives contribute to these goals through the development and sale of electric GSE, sustainable manufacturing practices, and community engagement.

Sustainable Products & Innovation

  • Electric GSE
  • Energy-efficient drive technologies
  • Lithium-ion batteries
  • Fuel cell GSE

Awards & Recognition

  • Two Solar Impulse Efficient Solution labels for Smart Airport Systems

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:2,590 tCO2e
Scope 1 Emissions:1,081 tCO2e
Scope 2 Emissions:1,509 tCO2e
Scope 3 Emissions:1,461,000 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:21,177 MWh eq.
Water Consumption:18,289 m³
Waste Generated:1,395 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate change
  • Employee well-being
  • Responsible supply chain management
  • Ethical business conduct
  • Diversity and inclusion

Environmental Achievements

  • All 12 manufacturing sites are ISO 14001 certified.
  • 50% of products sold were electric.
  • Wuxi site acquired 6,000 m² of solar panels, producing almost 50,000 kWh in 2 months.
  • Integrated quality and environmental management systems (IMS).

Social Achievements

  • Launched "ALVEST People Company" program to promote diversity and employee well-being.
  • Concluded 12 collective agreements.
  • Implemented a youth employment policy.
  • Increased number of people working in Engineering and R&D by more than 60% over the last 5 years.

Governance Achievements

  • Adhered to the principles of the UN Global Compact.
  • Established an Ethics Committee.
  • Implemented a whistleblowing system ("Speak-Up").
  • Implemented a Supplier Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to the COVID-19 pandemic and component shortages.
  • Increasing energy costs.
  • Need to further reduce Scope 3 emissions.
Mitigation Strategies
  • Increased hiring to meet demand.
  • Implemented energy-saving measures in manufacturing facilities.
  • Developed hybrid GSE solutions to adapt to existing infrastructure limitations.
  • Focus on electrification of equipment and development of green products.

Supply Chain Management

Supplier Audits: 700 suppliers with annual revenue above €100k subject to anti-corruption due diligence; Suppliers generating annual revenue above €200k required to fill Vendor ESG & Anti-Corruption Form.

Responsible Procurement
  • Supplier Code of Conduct
  • Local sourcing
  • ESG criteria integrated into supplier selection

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products (eGSE)

Reporting Standards

Frameworks Used: UN Global Compact, GHG Protocol

Certifications: ISO 14001, ISO 45001 (Chinese factories)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 7 (Affordable and clean energy)
  • SDG 11 (Sustainable cities and communities)
  • SDG 12 (Responsible consumption and production)
  • SDG 13 (Climate action)
  • SDG 15 (Life on land)

ALVEST's initiatives contribute to these goals through the development and sale of electric GSE, energy efficiency measures, waste reduction, and responsible supply chain management.

Sustainable Products & Innovation

  • Electric GSE
  • TaxiBot
  • TractEasy
  • APU OFF Solution
  • LINK FMS
  • XOPS FMS

Awards & Recognition

  • Three Solar Impulse Efficient Solution labels for TaxiBot, APU OFF Solution, and TractEasy

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2,053,000 tCO2e/year (Scope 3)
Scope 1 Emissions:1,905 tCO2e/year
Scope 2 Emissions:1,060 tCO2e/year
Scope 3 Emissions:2,053,000 tCO2e/year
Renewable Energy Share:25% of total electricity consumption
Total Energy Consumption:25,305 MWh/year
Water Consumption:17,213 m3/year
Waste Generated:2,086 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Responsible Resource Use
  • Human Capital
  • Ethics and Compliance

Environmental Achievements

  • Increased electric GSE sales to 50% of total sales in 2023.
  • Customers avoided releasing over 350,000 tons of CO2e by using ALVEST Combo units.
  • All manufacturing sites are ISO 14001 certified.
  • Wuxi site installed 6,000 m2 of solar panels, reducing Scope 2 emissions by 163 tons of CO2e (40% reduction).

Social Achievements

  • Launched an extensive “ALVEST People Company” program to promote diversity and employee well-being.
  • 7 collective agreements signed in 2023.
  • More than 1,159 permanent employees hired globally in 2023, with an 11% increase in women hired.

Governance Achievements

  • Joined the United Nations Global Compact Program in 2020.
  • Developed a Code of Ethics and Business Conduct.
  • Implemented an Anti-Corruption Compliance Program.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase the share of renewable energy supply contracts.
  • Achieve gender diversity targets in top management.
Short-term Goals:
  • Stop producing internal combustion engine GSE by the end of 2025.

Environmental Challenges

  • Supply chain disruptions
  • Managing the end-of-life treatment of products, particularly batteries.
  • Maintaining a diverse workforce in a male-dominated industry.
Mitigation Strategies
  • Local sourcing strategies to reduce transportation waste.
  • Partnership with third-party partners for end-of-life disposal and recycling.
  • Active policy to promote gender diversity and professional equality.

Supply Chain Management

Supplier Audits: Approximately 800 suppliers with turnover > €100k underwent anti-corruption screening in 2023. EcoVadis assessment planned for 2024.

Responsible Procurement
  • Supplier Code of Conduct
  • ESG performance assessment questionnaire
  • EcoVadis assessment (planned for 2024)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 9
  • SDG 12
  • SDG 13
  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 7
  • SDG 8
  • SDG 10
  • SDG 15
  • SDG 16

ALVEST's initiatives contribute to these goals through various actions related to climate change, responsible resource use, human capital development, ethics and compliance, and community engagement.

Sustainable Products & Innovation

  • Electric GSE
  • TaxiBot
  • APU-off solutions
  • iBS battery system

Awards & Recognition

  • Three Solar Impulse Efficient Solution labels for SAS