Climate Change Data

Aquila Group

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:3,023 tCO2e/year (Scope 1-3)
Scope 1 Emissions:347 tCO2e/year
Scope 2 Emissions:683 tCO2e/year
Scope 3 Emissions:1,993 tCO2e/year

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance

Environmental Achievements

  • Avoided more than 10 million tonnes of CO2-equivalent (CO2e) emissions through clean energy generation.
  • 1.1 million sqm of green logistics projects completed or under development.
  • Increased installed capacity in battery storage to 1,735 MW.

Social Achievements

  • Supported charities and people with more than €250,000 in donations and aid.
  • Employee volunteer work with various charities.
  • Offered safe accommodation in Hamburg to 20 Ukrainian families.

Governance Achievements

  • Established a group-wide goal to avoid 1.5 billion tonnes of CO2e by 2035.
  • Developed a proprietary, science-based methodology for measuring lifetime avoided emissions.
  • Implemented the requirements of the EU Sustainable Finance Disclosure Regulation (SFDR) and EU Taxonomy.

Climate Goals & Targets

Long-term Goals:
  • Become one of the world’s leading sustainable investment and development companies for essential assets by 2030.
Medium-term Goals:
  • Avoid 1.5 billion tonnes of CO2e across all portfolios by 2035.
Short-term Goals:
  • Achieve ISO 20400 accreditation for sustainable procurement by 2024.

Environmental Challenges

  • Supply chain challenges in the industry.
  • Permitting process delays.
  • Social license challenges for projects.
  • Rising interest rates creating a challenging funding environment.
  • Electricity price caps on merchant revenues.
Mitigation Strategies
  • Developed alternative sourcing strategies and enhanced procurement strategy.
  • Leveraged supply market intelligence and forecast data analytics.
  • Established long-term category partnerships to ensure supply security.
  • Implemented a conservative approach to EU SFDR and EU Taxonomy requirements.
  • Secured attractive PPAs for solar PV assets.

Supply Chain Management

Responsible Procurement
  • Code of conduct for suppliers.
  • Sustainable sourcing requirements.
  • ISO 20400 accreditation target for 2024.

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
Transition Risks
  • Regulatory changes
  • Market shifts
  • Supply chain disruptions
Opportunities
  • Development of energy-efficient products and services
  • Investment in decarbonization technologies

Reporting Standards

Frameworks Used: GRI, SFDR, EU Taxonomy

Certifications: BREEAM, GRESB

Third-party Assurance: TÜV Rhineland (for LAE methodology)

UN Sustainable Development Goals

  • SDG 7 (Affordable and clean energy)
  • SDG 9 (Industry, innovation and infrastructure)
  • SDG 11 (Sustainable cities and communities)
  • SDG 13 (Climate action)

Investments in clean energy, sustainable infrastructure, and carbon mitigation contribute to these goals.

Sustainable Products & Innovation

  • Green logistics assets
  • Net Zero data centers

Awards & Recognition

  • IJGlobal Award for best renewable energy solar deal in Europe
  • Corporate Sustainability Award from Renewables Norway