Climate Change Data

2G Energy AG

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:4559 tCO2e
Scope 1 Emissions:2672 tCO2e
Scope 2 Emissions:187 tCO2e
Renewable Energy Share:50% (electricity)

ESG Focus Areas

  • Environment and Climate
  • Good Corporate Governance
  • Employees and Social Responsibility
  • Stakeholder Interests

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by around 12% from 2021 to 2023.
  • Switched to certified green gas for heat generation since January 1, 2023.
  • Installed a 595 kWp photovoltaic system, covering approximately half of electricity consumption.
  • Implemented energy efficiency measures resulting in consumption savings of around 30,000 kWh.
  • Contracted electricity from renewable sources.

Social Achievements

  • Supported local sports associations and social facilities.
  • Offered flexible working time regulations.
  • Provided opportunities for students to write theses on 2G-related topics.
  • Offered various voluntary social benefits and assistance to employees (special payments for childbirth, childcare subsidies, company bicycles, contributions to fitness studio memberships, VDU spectacles, and PPE safety glasses).
  • Offered flexible working time models and part-time options.

Governance Achievements

  • Issued a declaration of compliance with the German Corporate Governance Code (DCGK).
  • Implemented a whistleblower system complying with the EU Whistleblower Directive.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (implied, not explicitly stated)
Medium-term Goals:
  • Achieve performance gains of 20 to 35% across all series over the next few years.
Short-term Goals:
  • Reduce nitrogen oxide emissions from 100 mg to less than 50 mg.

Environmental Challenges

  • Meeting the legal requirements for sustainability reporting starting from 2025.
Mitigation Strategies
  • Entered into a structured process to fulfill legal requirements for sustainability reporting and develop a sustainability strategy, including materiality analysis, definition of objectives and targets, identification of taxonomy-eligible activities, and definition of key figures.

Supply Chain Management

Responsible Procurement
  • Code of Conduct for suppliers (respect for employee rights, prohibition of child labor, etc.)

Climate-Related Risks & Opportunities

Opportunities
  • Development of hydrogen-powered CHP systems

Reporting Standards

Frameworks Used: UN Global Compact, EU reporting standards (ESRS) (starting 2025)

Certifications: ISO 9001 (quality), ISO 14001 (environment), ISO 50001 (energy), ISO 27001 (information security)

Sustainable Products & Innovation

  • Hydrogen-powered CHP systems
  • Large heat pumps
  • Green Cube (modular energy center)