HOERBIGER Holding AG
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:50 kt CO2eq (Scope 1+2, market based)
Scope 3 Emissions:463 kt CO2eq (market-based)
Renewable Energy Share:34% of purchased electricity
Total Energy Consumption:144 GWh
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Maintained absolute level of overall energy consumption despite a 12% increase in production and service output (144 GWh in 2023 from 146 GWh in 2021 and 140 GWh in 2022).
- Reduced energy consumption per million of sales by about 12% over two years (from 125 MWh to 110 MWh per million of revenue).
- Substantial improvement in wind energy within renewable energy sources to 54%.
- Reduced Scope 1 and 2 emissions per Million Euro of sales from 37.6t to 35.7t, a 5% reduction.
- Installation of a 1MW solar power plant at the Vienna location, contributing around 15% of carbon-neutral energy to local annual consumption.
- Installation of a 0.8 MW solar power plant at the new Changzhou, China production plant (start of energy production: Q1/2024).
Social Achievements
- Employee engagement survey showed a Sustainable Engagement score of 83% and a Performance Environment score of 78%, exceeding external benchmarks.
- High employee engagement reflected in above-industry-standard employee tenure (45% of employees have been with the company for more than 10 years).
- Implementation of four focus topics to improve employee engagement: communication, workload management, feedback, and development opportunities.
- Spent approximately €250,000 on CSR activities, including support for “Jugend forscht” in Germany and a new school building project near Pune, India.
Governance Achievements
- Issued a Supplier Code of Conduct in 2023, setting standards for human rights and sustainability.
- Operates an integrity line (compliance reporting system) receiving 17 reports in 2023, with 10 cases closed satisfactorily.
- ESG parameters are part of senior management deliberations, with the Executive Board directly involved in setting ambition and roadmap.
Climate Goals & Targets
Long-term Goals:
- Make operations carbon neutral by 2039.
Medium-term Goals:
- Reduce Scope 1 and 2 emissions by 50% by 2030.
Short-term Goals:
- Reduce Scope 1 and 2 Carbon Footprint by 5-15% year over year (2022 as baseline).
Environmental Challenges
- Reducing Scope 3 carbon footprint.
- Further improving diversity across all functions and regions.
- Reinforcing safety as a mindset and behavior.
- Increasing spending on CSR activities.
Mitigation Strategies
- In 2024, HOERBIGER will start working on measures to reduce Scope 3 CCF and create a target for future savings.
- Leveraging the spirit of diversity across all functions and regions.
- Reinforcing safety through Visual Safety Leadership moments and trainings.
- Implementing a comprehensive CSR framework with a dedicated portion of PAT for CSR efforts.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards (v. 2016), UN Global Compact
Sustainable Products & Innovation
- eHydroCOM
- Profiled Plate Valve (XP)
- Emissions Control Panel (ECP)
- Packing Case Repair (HPR)
- EmissionShield
- Green Hydrogen Electrolyser Components
- Battery Components
- eCoupling
- Slip Ring Rotary Union Combo units
- H2PFI GVC10
- eSuppressor