Climate Change Data

Elevion Group B.V.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:12,922 tCO2e (location based) / 13,908 tCO2e (market based)
Scope 1 Emissions:10,720.6 tCO2e
Scope 2 Emissions:1,378.2 tCO2e (location based) / 2,300.5 tCO2e (market based)
Renewable Energy Share:28% (of total energy consumption)
Total Energy Consumption:24,868.44 GJ consumed / 75,704.04 GJ produced
Water Consumption:8,330,703 litres (estimated)
Waste Generated:1,159.37 tons (9.32 tons hazardous)
Carbon Intensity:11.842 tCO2e/1 mil. EUR revenue (location based) / 11.842 tCO2e/1 mil. EUR revenue (market based) (Scope 1) / 1.520 tCO2e/1 mil. EUR revenue (location based) / 2.537 tCO2e/1 mil. EUR revenue (market based) (Scope 2)

ESG Focus Areas

  • Decarbonization
  • Energy Efficiency
  • Renewable Energy
  • Employee Development
  • Diversity & Inclusion
  • Sustainable Procurement
  • Good Governance
  • Compliance

Environmental Achievements

  • Helped customers reduce over 326,813 tons of CO2 emissions
  • Produced 75,704.04 GJ of energy, selling 65,038.70 GJ to customers

Social Achievements

  • More than 500 new employees joined the group in 2022
  • Implemented various employee wellbeing initiatives (e.g., free fruit, massages, subsidized gym memberships)
  • Donated more than EUR 110,000 to charities

Governance Achievements

  • Implemented a compliance program aligned with CEZ Group standards
  • No confirmed incidents of corruption in 2022

Climate Goals & Targets

Long-term Goals:
  • 2040: Carbon neutrality (net zero emissions) for Elevion Group's operated activities
Medium-term Goals:
  • 2030: Sum of installed capacity of renewables: 3513 MWp, Sum of energy storage: 500 MW
  • 2030: 7.3m EUR innovation spend
  • 2030: 100% of Tier 1 suppliers signed Supplier Code of Conduct
  • 2030: 14 hours of training per employee
  • 2035: -43% reduction in GHG emissions (Scope 1 & 2) compared to 2022
Short-term Goals:
  • 2027: Sum of installed capacity of renewables 2010 MWp, Sum of energy storage: 200 MW
  • 2027: 5.5m EUR innovation spend
  • 2027: 70% of Tier 1 suppliers signed Supplier Code of Conduct
  • 2027: 13 hours of training per employee

Environmental Challenges

  • Lack of qualified workforce
  • Energy price fluctuations
  • Limited capacity and risk of congestion of electricity distributions and networks
  • Unwillingness of local municipalities to integrate renewables into zoning plans
  • Rising mean temperatures negatively affecting agriculture
  • Data limitations in Scope 3 emissions calculation and non-employee worker data
Mitigation Strategies
  • Upskilling programs for employees
  • Relocation of key employees between companies
  • Education and cooperation with clients for long-term energy solutions
  • Supporting development of local distribution grids and battery storage
  • Deepening cooperation with municipalities
  • Increasing supply base of agro products and finding alternatives
  • Improving data collection methods

Supply Chain Management

Responsible Procurement
  • Formalized procurement rules (in over 60% of companies)
  • Formalized criteria for supplier nomination (in 10% of companies)
  • Formal process of supplier evaluation (in approximately one-third of companies)
  • Environmental criteria screening (BELECTRIC GmbH)
  • Checks against international sanctions lists (BELECTRIC GmbH)
  • Supplier evaluation process with price accounting for maximum 50% (EAB)

Climate-Related Risks & Opportunities

Physical Risks
  • Rising mean temperatures negatively affecting agriculture
Transition Risks
  • Market risk (unavailability of materials, raw material price increases)
  • Lack of qualified workforce
  • Energy price fluctuations
  • Limited capacity and risk of congestion of electricity distributions and networks
  • Unwillingness of local municipalities to integrate renewables into zoning plans
Opportunities
  • Process of energy transition
  • Access to competitive financing
  • New energy sources or energy carriers

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: ISO 14001 (Metrolog), ISO 50001 (ETS, EGBV), ISO 45001 (BELECTRIC Group, Metrolog)

UN Sustainable Development Goals

  • Goal 7
  • Goal 8
  • Goal 12

Elevion Group's activities contribute to these goals through smart and sustainable services, innovative solutions, and waste reduction initiatives.

Sustainable Products & Innovation

  • Software solutions for increased energy efficiencies
  • Battery storage systems
  • Hydrogen solutions
  • B2B software platform for rooftop photovoltaics