Climate Change Data

Ingeteam Group

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:42,519 tCO2e (2022)
Scope 1 Emissions:5,838 tCO2e (2023)
Scope 2 Emissions:742 tCO2e (2023)
Scope 3 Emissions:34,939 tCO2e (2023)
Renewable Energy Share:100% in Spain (electricity)
Total Energy Consumption:13,877,680 kWh (electricity) + 10,039,704 kWh (natural gas) + 23,327 liters (diesel) (2023)
Water Consumption:36,127 m3 (2023)
Waste Generated:2,202,961 kg (2023)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Responsible Consumption & Production
  • Clean Water and Sanitation
  • Affordable and Clean Energy
  • Decent Work and Economic Growth
  • Sustainable Cities and Communities
  • Industry 4.0
  • Green Hydrogen

Environmental Achievements

  • Reduced natural gas consumption by 11%
  • 100% renewable electricity consumption in Spain
  • 330 m3 of recycled water used
  • ISO 14001 certification at multiple production centers
  • 85% of EBITDA from ISO 14001 certified activities in 2022

Social Achievements

  • Increased average workforce by 8.2%
  • Implemented flexible working hours for 87% of workforce
  • More than 134,602 hours of training provided
  • Average training hours per employee: >28 hours
  • Investment in training: >€1.8 million
  • Equal pay for men and women at all Spanish workplaces
  • Initiatives to promote women in STEM fields

Governance Achievements

  • New 2022-2024 Strategic Plan implemented
  • Established a Compliance and Conduct Committee
  • Reporting Channel for ethical concerns
  • Board of Directors with 28.5% women

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Global geopolitical situation and high inflation
  • Increase in lost-time accidents (30% more than in 2021)
  • Cybersecurity risks
  • Gender pay gap in some international locations
Mitigation Strategies
  • Investment plan of €210m over three years (€140m for R&D, €70m for facilities)
  • Restructuring of Health & Safety Area
  • Global Cybersecurity Officer appointed
  • Initiatives to reduce gender pay gap in Spain and other locations
  • Continuous improvement of systems, architecture, procedures, protocols, and work processes to minimize cybersecurity risks

Supply Chain Management

Supplier Audits: Environmental sustainability assessment for main contractors (in final testing phase); Ecovadis platform being tested

Responsible Procurement
  • Code of Conduct for Suppliers; General purchasing conditions include environmental requirements; Supplier Performance Requirements in General conditions of purchase

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Growth in renewable energy markets

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 14001, ISO 50001 (Ingeteam Indar Machines), ISO 9001

Third-party Assurance: LRQA (2022 Carbon Footprint); DNV (2023 Carbon Footprint)

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 6
  • SDG 7
  • SDG 8
  • SDG 11
  • SDG 12
  • SDG 13
  • SDG 14

Ingeteam's activities contribute to these SDGs through various initiatives related to health, education, gender equality, water management, renewable energy, economic growth, sustainable cities, responsible consumption, climate action, and life below water.

Sustainable Products & Innovation

  • Renewable energy technologies (solar inverters, wind generators, EV chargers, etc.)
  • Green hydrogen solutions

Awards & Recognition

  • Not disclosed