Climate Change Data

Flix SE

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:1,081,514 tCO2e/year
Scope 1 Emissions:143,628 tCO2e/year
Scope 2 Emissions:28,804 tCO2e/year
Scope 3 Emissions:909,081 tCO2e/year
Total Energy Consumption:78,947.28 MWh/year

ESG Focus Areas

  • Environment
  • People
  • Travel
  • Governance

Environmental Achievements

  • 1.1 million tonnes of CO2 emissions avoided in 2023
  • 98% of FlixBus partners' buses are EURO VI compliant
  • Near-term emissions reduction targets approved by the SBTi

Social Achievements

  • 44% of new hires in 2023 were women
  • Established various Employee Resource Groups (ERGs): Women at Flix, DiversiFlix, and Caregivers at Flix
  • Global company employee eNPS was 37, 10 points above the tech industry benchmark

Governance Achievements

  • 25% of Supervisory Board members are women
  • C-level ESG responsibilities assigned
  • ESG Steering Committee in place

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions in Europe by 2040
  • Net-zero emissions globally by 2050
Medium-term Goals:
  • Achieve 100% renewable energy for new contracts of Flix entities in Europe by 2030
  • Reduce absolute Scope 1 and 2 emissions by 54.6% by 2032 from a 2019 base year
  • Reduce Scope 3 emissions (Category 11 - Use of Sold products) per passenger kilometer by 40.9% by 2032
Short-term Goals:
  • Equip up to 50 buses with bio-LNG technologies in Europe by 2025
  • Increase the proportion of renewable energy across all facilities to 80% by 2025

Environmental Challenges

  • Supply chain disruptions (implied)
  • Maintaining high safety standards across a large and diverse network
  • Achieving net-zero emissions by 2040 in Europe and 2050 globally
Mitigation Strategies
  • Implementing a Safety Management System (SMS)
  • Strategic partnerships with OEMs and fuel providers for fleet transformation
  • Commitment to SBTi targets for emissions reduction

Supply Chain Management

Responsible Procurement
  • Business Partner Code of Conduct
  • Supplier questionnaire
  • Compliance loop for concerning answers

Climate-Related Risks & Opportunities

Physical Risks
  • Heat
  • Freezing
  • Precipitation
  • Snow load
  • Storms
Transition Risks
  • Fuel prices
  • Vehicle prices
  • Investments & subsidies
  • Climate regulatory requirements
  • Fleet-related regulation
  • Vehicle efficiency
  • Energy supply and infrastructure
  • Digitalization and automation
  • Socio-economic conditions
  • New mobility expectations
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI, SASB

Third-party Assurance: ERM Certification and Verification Services Limited ('ERM CVS')

Sustainable Products & Innovation

  • Electric long-distance buses
  • Long-distance buses with solar panels
  • Bio-LNG powered buses