Climate Change Data

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