Climate Change Data

va-Q-tec AG

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:109,821.17 tCO2e
Scope 1 Emissions:2,396.90 tCO2e
Scope 2 Emissions:504.93 tCO2e
Scope 3 Emissions:106,816.61 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:12,445,002 kWh
Water Consumption:7,362 m3
Waste Generated:687.71 tons
Carbon Intensity:0.00090 tCO2e per unit of operating output in 2021

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced waste volume to <99.7 percent compared to 2020 (target)
  • Reduced energy consumption by 1.5 percent in relation to revenues (target, baseline 2019)
  • Generated 1,932,635 kWh of solar power in 2021

Social Achievements

  • Employee turnover rate of 3.0% in 2021 (significantly lower than the German manufacturing sector average)
  • Return rate after parental leave exceeding 90%
  • SA 8000 certification since 2017, demonstrating commitment to labor standards

Governance Achievements

  • Established a compliance manual in 2016 to address bribery and corruption risks
  • Implemented numerous measures to enhance IT security and data protection
  • No unauthorized data taps or reportable data protection violations in 2021

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce energy consumption by 1.5% relative to revenue (baseline 2019)

Environmental Challenges

  • Shortage of skilled workers in a competitive labor market
  • Increased absolute metrics for energy consumption due to growth and post-pandemic activities
  • Significant increase in CO2e equivalents due to improved data recording
Mitigation Strategies
  • Proactive recruitment strategies, including employee referrals and university partnerships
  • Continuous optimization of production processes to improve resource efficiency
  • Development of a more granular data collection system for a more accurate carbon footprint

Supply Chain Management

Supplier Audits: Two-year cycle for significant suppliers

Responsible Procurement
  • Compliance with Responsible Business Alliance's international supplier code for foreign suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Increased demand for energy-efficient products due to the European Green Deal and carbon pricing

Reporting Standards

Frameworks Used: German Corporate Sustainability Reporting Implementation Directive (CSR-RUG), German Sustainability Code (DNK), UN Greenhouse Gas Protocol (GHG)

Certifications: ISO 9001, ISO 14001, ISO 50001, SA 8000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Vacuum insulation panels (VIPs), phase change materials (PCMs), va-Q-shell pipe insulation system

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:102,181 tCO2e/year
Scope 1 Emissions:2,668.28 tCO2e/year
Scope 2 Emissions:794.40 tCO2e/year
Scope 3 Emissions:98,718.33 tCO2e/year
Renewable Energy Share:46% (self-generated)
Total Energy Consumption:12,048,175 kWh/year
Water Consumption:6,702 m3/year
Waste Generated:530 tonnes/year
Carbon Intensity:0.00091 CO2e/EUR in 2022

ESG Focus Areas

  • Employee issues
  • Product portfolio
  • Sustainable supply chains
  • Environmental issues

Environmental Achievements

  • Reduced waste generation by 29.7% (530 tonnes in 2022 vs 688 tonnes in 2021)
  • Reduced energy consumption by 3.3% (12,048,175 kWh in 2022 vs 12,445,002 kWh in 2021)
  • Reduced greenhouse gas emissions by 7.5% (102,181 tCO2e in 2022 vs 109,821 tCO2e in 2021)
  • Reduced water consumption by 9.8% (6,702 cubic meters in 2022 vs 7,362 cubic meters in 2021)

Social Achievements

  • Achieved a low employee turnover rate of 2.7% in 2022 (2021: 3.0%)
  • Kununu awarded va-Q-tec its “Top Company 2022” award
  • Implemented va-Q-academy e-learning project

Governance Achievements

  • No corruption cases or fines for non-compliance in 2022
  • Established a Group-wide anonymous whistleblower system
  • Transparent, performance-based and sustainable compensation structures

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce energy consumption as a percentage of revenues by 1.5% compared to the 2019 baseline; save 20,000 kWh through heat/cooling management in CHP; generate an additional 20,000 kWh through baseload analysis or shutdown of Inpow facilities; reduce waste volume to <99.7% compared to 2020; achieve a customer satisfaction rate of at least 90%; reduce the number of occupational accidents to zero and keep the sickness rate below 4.5%; keep the employee turnover rate constant at 3.0%; create a Code of Conduct for suppliers and business partners.

Environmental Challenges

  • Shortage of skilled workers
  • Extreme weather conditions affecting production sites and supply chain reliability
  • Regulatory risks
Mitigation Strategies
  • Investing in employer attractiveness (company pension scheme, training courses, flexible working hours, etc.)
  • Developing an ESG risk framework to assess, monitor, and manage non-financial risks
  • Continuous review of corporate culture and policies

Supply Chain Management

Supplier Audits: 6 audits conducted in 2022

Responsible Procurement
  • Compliance with Responsible Business Alliance's supplier code for foreign suppliers
  • SA 8000 standards for human rights compliance

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions affecting production sites
Transition Risks
  • Regulatory changes
Opportunities
  • Growing social awareness of climate protection and energy efficiency
  • Increasingly stringent regulatory requirements

Reporting Standards

Frameworks Used: German Sustainability Code (DNK), Greenhouse Gas Protocol (GHG)

Certifications: ISO 14001:2015, ISO 50001:2018, SA 8000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 9 (Industry, innovation and infrastructure)
  • SDG 12 (Responsible consumption and production)
  • SDG 13 (Climate action)

Developing innovative and sustainable insulation solutions; reducing resource consumption; reducing waste; offsetting carbon emissions

Sustainable Products & Innovation

  • va-Q-lite (reduced PCF)
  • va-Q-steel

Awards & Recognition

  • German Environmental Award (2018)
  • German Founder’s Award (2019)
  • TOP 100 Innovator of the Year (2020)
  • Financial Times’ “Tech Champion” (2021)
  • EY Entrepreneur of the Year Award (2022)
  • Product of the Year 2022 (va-Q-steel)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:96,444 tCO2e/year
Scope 1 Emissions:1,460.82 tCO2e/year
Scope 2 Emissions:96.33 tCO2e/year
Scope 3 Emissions:93,896.13 tCO2e/year
Renewable Energy Share:14%
Total Energy Consumption:11,834,228 kWh/year
Water Consumption:6,537 m3/year
Waste Generated:604 tons/year
Carbon Intensity:0.0018 CO2e/EUR in 2023

ESG Focus Areas

  • Employee issues
  • Product portfolio
  • Sustainable supply chains
  • Environmental issues

Environmental Achievements

  • Reduced energy consumption as a percentage of revenues by 21.3% compared to 2019 baseline.
  • Reduced volume of waste to < 99.7% compared to 2020.
  • Achieved climate neutrality for its production sites since 2020, entire Group since 2021.

Social Achievements

  • Maintained low employee turnover rate at 1.97% in 2023 (2022: 2.7%).
  • Achieved Kununu “Top Company” award for 2023.
  • Recognized as an “Employer of the Future” in 2023.

Governance Achievements

  • Continued compliance with SA 8000 labor standard.
  • No corruption cases, fines, or violations of the Code of Conduct reported in 2023.
  • Implemented a job architecture with a pay structure in 2023 to ensure equal pay for equal performance.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Reduce energy consumption by 1.5% of revenues based on 2019 levels.

Environmental Challenges

  • Shortage of skilled workers due to demographic change.
  • Increase in waste generation in 2023 due to one-off disposal campaigns and changes in product mix.
  • Extreme weather conditions affecting production sites and supply chain reliability.
Mitigation Strategies
  • Enhancing employer attractiveness and talent retention.
  • Optimized use of expensive auxiliary materials, reducing waste disposal.
  • Implementing an ESG risk framework to assess, monitor, and manage non-financial risks.

Supply Chain Management

Supplier Audits: 5/year

Responsible Procurement
  • Compliance with Responsible Business Alliance supplier code for foreign suppliers; on-site audits every two years at important suppliers; 100% of suppliers committed to meeting required standards in 2023.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions affecting production sites
Transition Risks
  • Not disclosed
Opportunities
  • Growing social awareness of climate protection and energy efficiency; increasingly stringent regulatory requirements; reduction of heat loss in hot water networks; increased range of electric vehicles.

Reporting Standards

Frameworks Used: German Sustainability Code (DNK), UN Greenhouse Gas Protocol (GHG)

Certifications: ISO 14001:2015, ISO 50001:2018, SA 8000

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 9 (Industry, innovation and infrastructure)
  • SDG 12 (Responsible consumption and production)
  • SDG 13 (Climate action)

Developing innovative and sustainable insulation solutions; reducing resource consumption; reducing waste; offsetting emissions; promoting environmental protection projects.

Sustainable Products & Innovation

  • VIPs, PCMs, passive thermal packaging systems

Awards & Recognition

  • German Environmental Award 2018
  • German Founder’s Award 2019
  • TOP 100 Innovator of the Year 2020
  • Financial Times “Tech Champion” 2021
  • EY Entrepreneur of the Year Award 2022
  • Rudolf Diesel Medal 2023
  • EcoVadis silver medal 2023
  • ESG Transparency Award from EUPD Research 2023
  • Innovation Cold Chain Technology Provider award from ISCM 2023
  • Supplier Innovation 2023 award at the “Uponor Supplier Day”