Climate Change Data

AVK Group A/S

Climate Impact & Sustainability Data (2023-09 to 2024-09)

Reporting Period: 2023-09 to 2024-09

Environmental Metrics

Total Carbon Emissions:50,977 tCO2e/year (market-based)
Scope 1 Emissions:14,748 tCO2e/year
Scope 2 Emissions:36,229 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:31.75%
Total Energy Consumption:104,032 MWh/year
Water Consumption:206,088 m3/year
Waste Generated:Not disclosed
Carbon Intensity:1.63 tCO2e/DKKm (Scope 1), 4.01 tCO2e/DKKm (Scope 2)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Share of renewable green electricity increased from 28.5% to 31.75%
  • Number of EVs increased by 41%
  • 15 EPDs obtained
  • Self-produced electricity doubled
  • 3,000 tonnes of PolyAl (recycled beverage carton plastic) used in production

Social Achievements

  • Number of ISO 45001 certificates increased from 31 to 33
  • LTAFR decreased to 4.63
  • Established People & Leadership function focusing on inclusion and diversity
  • Launched succession planning process

Governance Achievements

  • Established a central Group Sustainability & ESG function
  • 53 supplier audits conducted

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve LTAFR of less than 3.0 by 2030
Short-term Goals:
  • Reduce CO2 emissions by 5% (market-based)
  • Reduce water consumption by 1%
  • Increase waste for reuse/recycling to >65%
  • Increase ISO 14001 certified companies to 49
  • Increase ISO 50001 certifications to >6
  • Reduce LTAs to <45
  • Reduce LTAFR to <4.5

Environmental Challenges

  • Global supply chain disruptions
  • Inflation and higher interest rates
  • Geopolitical conflicts and protectionism
  • Water loss
  • Risks of human rights violations in the supply chain
  • Corruption risks in some operating countries
Mitigation Strategies
  • Investing in local production and supply chains
  • Implementing Smart Water solutions to reduce water loss
  • Systematic registration, control, and follow-up of suppliers via audits
  • Zero-tolerance policy on corruption and bribery, compliance manual signed by all company managers
  • Developing an AVK Sustainability Roadmap

Supply Chain Management

Supplier Audits: 53/year

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme climate events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Increased demand for water infrastructure investments

Reporting Standards

Frameworks Used: CSRD, GHG Protocol

Certifications: ISO 9001, ISO 29001, ISO 14001, ISO 45001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 6 (Clean Water and Sanitation)
  • SDG 9 (Industry, Innovation, and Infrastructure)
  • SDG 3 (Good Health and Well-being)
  • SDG 7 (Affordable and Clean Energy)
  • SDG 8 (Decent Work and Economic Growth)
  • SDG 11 (Sustainable Cities and Communities)
  • SDG 12 (Responsible Consumption and Production)
  • SDG 13 (Climate Action)
  • SDG 17 (Partnerships for the Goals)

AVK's products and solutions contribute to these goals through water management, wastewater treatment, energy efficiency, and sustainable manufacturing practices.

Sustainable Products & Innovation

  • PolyAl-based products

Awards & Recognition

  • DIRA Automation Award 2024