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)