Wallbox N.V.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1291.26 tCO2e
Renewable Energy Share:84.5% (HQ)
Water Consumption:12,463.38 m3
Waste Generated:547.79 tons
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Governance
- Supply Chain Sustainability
- Human Rights
Environmental Achievements
- Avoided 88 tons of CO2 emissions
- Avoided 2.2 tons of waste in fairs
- Built 2 new factories to be powered 100% by renewable energy
- Calculated the life cycle of our product along its value chain
- Saved around 246 trees since September 2022
- 84.5% of energy at HQ came from solar in a 24h period
Social Achievements
- Introduced SheDrives and SheConnects programs to support diversity and inclusion
- Formalized a Job Catalogue to standardize titles, salary ranges, and career paths
- Employed 621 new people
- Offered 22,613 hours of training
- Signed and became a member of the UN Global Compact (UNGC)
Governance Achievements
- Two new Board Members
- 30% women members in the Board of Directors
- Completed two Strategic Acquisitions
- Obtained Green Financing based on EU Taxonomy Standards
- Developed ESG Internal policy
Climate Goals & Targets
Medium-term Goals:
- Net Zero by 2030
Environmental Challenges
- Increased emissions from internal activity due to expansion and new energy sources
- Increased emissions from upstream and downstream operations
Mitigation Strategies
- Implementation of GHG emissions reduction plan
- Reduction of emissions from offices and factories to achieve a carbon-free internal footprint
- Assessment and reduction of upstream and downstream emissions
- Sirius energy management system utilizing renewable energy
Supply Chain Management
Responsible Procurement
- ESG self-assessment
- 65% of direct suppliers are local
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:214.25 tCO2e (Scope 1) + 1913 tCO2e (Scope 2) = 2127.25 tCO2e
Scope 1 Emissions:214.25 tCO2e
Scope 2 Emissions:1913 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1530.67 MWh
Water Consumption:67,775 m3
Waste Generated:47,896.42 tons
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Diversity & Inclusion
- Human Rights
- Supply Chain Management
- Governance
Environmental Achievements
- Installed thousands of solar panels at corporate headquarters and Barcelona factory, more than doubling renewable energy mix at facilities.
- Implemented circular practices, including "cradle to cradle" methodologies, at most populated facilities.
- Reduced Scope 1 emissions by 7%.
Social Achievements
- Implemented a new Learning Management System (My PowerBox), training 143 employees on Unconscious Bias.
- Launched a Diversity and Inclusion program for women at Wallbox.
- Released an improved internal feedback tool (Wallbox Voice).
Governance Achievements
- Developed a Human Rights Policy.
- Elected two new Board members with ESG expertise.
- 40% of Board members have ESG capabilities.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2030.
Medium-term Goals:
- Reaching internal mid-term goals (2024-2025).
Short-term Goals:
- Reduce emissions from offices and factories to achieve a carbon-free internal footprint (2024-2025).
Environmental Challenges
- Increased Scope 2 emissions due to the acquisition of ABL and increased electricity consumption.
- Supply chain disruptions due to natural disasters (flooding in Texas).
Mitigation Strategies
- Implementing comprehensive strategies to optimize energy efficiency and integrate renewable energy sources.
- Integrating newly acquired entities into sustainability framework.
- Developing alternative sourcing strategies.
- Climate risk assessment and adaptation plan for Arlington facility.
Supply Chain Management
Supplier Audits: 70% of manufacturing suppliers are local; developing in-house software to evaluate suppliers’ ESG performance.
Responsible Procurement
- Prioritizing local suppliers to reduce transportation costs and environmental impact; developing supplier impact assessment tool.
Climate-Related Risks & Opportunities
Physical Risks
- Inland flooding, heavy precipitation, pluvial flooding
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Development of energy-efficient products and services; growth in the EV charging market.
Reporting Standards
Frameworks Used: GRI, GHG Protocol, SASB, TCFD, UNGC, OECD Guidelines, EU Taxonomy
Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001, ENERGY STAR
Third-party Assurance: Not disclosed
Sustainable Products & Innovation
- Energy Star certified residential chargers; Quasar 2 bi-directional charger; Supernova and Hypernova chargers.
Awards & Recognition
- CSR Excellence Award from The Business Concept
- IBTA Award Sustainability Best Practice in Air Transport
- Aura Foundation Award
- EcoVadis Committed Company Award