Climate Change Data

Repower AG

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3,299,458 tCO2e/year
Scope 1 Emissions:258,640 tCO2e/year
Scope 2 Emissions:3,029 tCO2e/year
Scope 3 Emissions:3,037,789 tCO2e/year
Renewable Energy Share:48.4%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Energy transition
  • Water use
  • Economic performance
  • Safety, health and wellbeing
  • Employee recruitment and development
  • Engaging stakeholders and local communities
  • Climate change
  • Changes to biodiversity and landscape
  • Respect for human rights
  • Ethical business conduct

Environmental Achievements

  • Increased share of electric and hybrid vehicles in its car fleet from 23.4% to 78% within a year. Across the entire fleet, 50.3% are electric or hybrid.
  • Reduced Scope 1 greenhouse gas emissions by 24.1% versus the prior year, mainly due to lower electricity generation at Teverola.
  • Enhanced landscape in Graubünden with the removal of 46 wooden poles and 66 concrete, lattice and steel pylons.
  • Restored fish passability at Salva water intake in Val da Camp.

Social Achievements

  • Launched a pilot project for social recruiting to fill vacancies for grid electricians.
  • Donated around CHF 390,000 in sponsorship money in Graubünden.
  • Supported various social projects in Italy with contributions totaling around EUR 200,000.
  • Introduced the Safety Culture Ladder (SCL) method in Switzerland.

Governance Achievements

  • Established a process to check for possible child labor in the supply chain.
  • No confirmed incidents of corruption.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Risks to grid stability and supply security from renewable energy expansion.
  • Reputational risk if renewable energy expansion doesn't consider landscape and biodiversity.
  • Costly power cuts.
  • High efficiency losses increasing operating costs.
  • Glacier retreat, drought, and increased rainfall impacting water availability for hydropower.
  • More stringent regulatory requirements for power plants.
  • Price volatility on the energy market.
  • Inadequate communication and lack of stakeholder involvement.
  • Conflicts with stakeholders leading to legal disputes and project delays.
  • Physical effects of climate change impacting hydropower production.
  • Failure to decarbonize power generation quickly enough leading to regulatory risks and high costs for CO2 certificates.
  • Potential human rights violations in the supply chain.
Mitigation Strategies
  • Comprehensive environmental impact assessments for new power plants.
  • Compliance with Swiss and EU reporting rules.
  • Active membership in the Association of Swiss Electricity Companies (VSE).
  • Annual quality of supply assessment by the Swiss Federal Electricity Commission (ElCom).
  • Professional maintenance and modernization of hydropower plants.
  • Expansion of photovoltaic generation capacity.
  • Smart metering to optimize consumption and grid planning.
  • Development of products for electric vehicle charging.
  • Early stakeholder engagement in project planning.
  • Conversion of company fleet to electric vehicles.
  • Contributions towards public transport passes for employees.
  • On-site charging infrastructure for electric vehicles.
  • Work-from-home options for employees.
  • Internal audit to check for child labor in the supply chain.
  • Adherence to ILO core conventions and company code of conduct.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Preference for local suppliers
  • Environmental criteria, health and safety regulations, and working conditions included in specifications for projects subject to public procurement law
  • Contractual obligation for suppliers in Italy to comply with the Repower Italy code of ethics

Climate-Related Risks & Opportunities

Physical Risks
  • Glacier retreat
  • Changes in precipitation regime
Transition Risks
  • Regulatory risks
  • High costs for CO2 certificates
Opportunities
  • Expansion of renewable energy

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001 (Switzerland and SET S.p.A.), ISO 45001 (Switzerland and SET S.p.A.), EMAS (SET S.p.A.)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 7 (Affordable and clean energy)
  • SDG 8 (Decent work and economic growth)
  • SDG 13 (Climate action)
  • SDG 15 (Life on land)

Repower's initiatives contribute to these SDGs through renewable energy generation, job creation, climate change mitigation, and biodiversity protection.

Sustainable Products & Innovation

  • PLUG’N ROLL e-mobility brand
  • SMART POWER smart metering product
  • GIOTTO and SYMBIOSIS electric vehicle charging products
  • Agrivoltaic technology

Awards & Recognition

  • BEST RECRUITER 2022/23 bronze certificate