VBG Group AB (publ)
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Greenhouse gas emissions
- Safety
Environmental Achievements
- In 2021, the VBG Group began collecting data and reporting on greenhouse gas emissions in its own operations (Scope 1 and 2).
- Eleven of thirteen operations are ISO 14001 certified.
- The Vänersborg office invested in a new ventilation system that will both improve the work environment and enable reduced energy consumption.
- At our facility in Olawa, Poland, solar panels have been installed on the roof to provide the facility with sustainable energy.
Social Achievements
- Continued measures to manage the pandemic and protect personnel.
- Employee turnover for 2021 was 9.3%
- VBG Group encourages all its companies and divisions to get involved in their local communities through supporting local initiatives and charity projects.
- 39 stipends were awarded in 2021, for courses on topics such as programming, languages and leadership.
Governance Achievements
- 85% of employees completed the new online learning course for our Code of Conduct.
- New sustainability organization in place.
- Stakeholder dialogue and materiality analysis completed.
- System for sustainability data implemented.
Climate Goals & Targets
Short-term Goals:
- Establish analysis of our environmental impact pertaining to greenhouse gases.
- Set new sustainability goals.
Environmental Challenges
- Significant pressure throughout the supply chain, with limitations to logistics and considerable cost inflation.
- Fourth wave of the pandemic led to personnel shortages.
- Increased prices for raw materials and shipping.
- Major disruptions in the supply chain – especially in the latter half of the year.
Mitigation Strategies
- Creative solutions, strict priorities and a strong customer focus enabled VBG Group to meet the increased demand.
- Continued restructuring in Mobile Climate Control.
- Increased digitalization in the Group.
- Effective cost controls.
- Measures to safeguard employees’ health and safety during the pandemic.
Supply Chain Management
Responsible Procurement
- All suppliers must sign our Code of Conduct.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather
- Flooding
- Shortages of materials and energy
Transition Risks
- Changes in demand
- Higher raw materials prices
- New legislation
UN Sustainable Development Goals
- Goal 7
- Goal 9
- Goal 11
- Goal 13
VBG Group stands behind all 17 of the UN Sustainable Development Goals. Our Annual Report shows which of these SDGs our current objectives support.
Sustainable Products & Innovation
- Updated program for drawbar couplings
- Onspot automatic tire chains
- Edscha Trailer Systems electrically controlled sliding roof
- Sensor technology for coupling and roof equipment
- Climate control systems for batteries