Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change
• Diversity
• Governance
• Circular Economy

Environmental Achievements

• Reduction of CO2 footprint and implementation of circular principles in company facilities (e.g., PV energy supply, waste prevention, LED lighting)
• Committed to circular economy and ISO 14001 on track for 2021
• >50 cleantech patents
• “Top Innovator” in the advancement of climate protection

Social Achievements

• Promoting gender equality and diversity; high percentage of women employees (25% vs. 15% female students in relevant degrees)
• Promoting work-life balance (flexible working hours, home office, 30 days leave, preschool allowance)
• Commitment to a code of conduct to promote good corporate governance
• Zero tolerance towards corruption
• Supporting employee health & safety with trainings, occupational health & safety specialist, free fitness, company doctor, annual health checks

Governance Achievements

• Clear management responsibilities and accountability in hiring and promotion
• Committed and purpose-driven culture
• Fully digitized production process with error detection and traceability
• Active support of the community - national and international social projects with NFPOs

Climate Goals & Targets

Environmental Challenges

• Intense competition in the EV charging industry
• Need to manage rapid growth effectively
• Potential for significant fluctuations in operating results
• Risks related to the COVID-19 pandemic
• Stringent environmental regulations
• Potential for supply chain disruptions

Mitigation Strategies

• Defensible technology platform with strong IP protection
• Scalable and secure platforms replicable globally
• Multi-channel B2B market access and highly flexible revenue model
• Established footprint in Europe with clear plan to roll-out platform across the US
• Extensive in-house manufacturing facility
• Highly experienced management team and sales force
• Fully funded business plan with additional cash buffer

Supply Chain Management

Responsible Procurement

• Commitment to implement ESG standards in the supply chain

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and services

UN Sustainable Development Goals

• Goal 9
• Goal 13

Scale up of electric, low carbon infrastructure

Sustainable Products & Innovation

• ChargeBox
• ChargePost
• ChargeTrailer
• MyPowerPlant
• PowerBooster

Awards & Recognition

• Top Innovator in Climate Protection Technologies (2021)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainability

Environmental Achievements

• Not disclosed

Social Achievements

• Expanding the ADS-TEC team with well-experienced executive hires
• Successful entry into the US market a year earlier than planned

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Increasing the availability of charging stations
• Improving charging speed and convenience to counter range anxiety
• Overcoming grid limitations and boosting grid capabilities

Mitigation Strategies

• Development of battery-buffered ultra-fast charging solutions (ChargeBox, ChargePost, Mobile ChargeTrailer) to address grid limitations and enable quick charging even with lower power grid connections.
• Expansion into new market segments (multifamily residential, oil & gas, retail, financial institutions, municipalities, CPOs, OEMs) to increase market reach and revenue streams.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ChargeBox, ChargePost, Mobile ChargeTrailer

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainable Transportation

Environmental Achievements

• Sold over 450 units of ChargeBox, its flagship product, contributing to reduced carbon emissions from transportation.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Limited grid capacity in rural areas to support fast-charging stations.
• High costs and lengthy processes for grid upgrades.

Mitigation Strategies

• Development of battery-buffered charging points (ChargeBox and ChargePost) that can operate on limited grid power, reducing the need for immediate grid upgrades.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)

ADS-TEC's battery-buffered charging systems contribute to these goals by enabling faster and more efficient EV charging, reducing reliance on fossil fuels and supporting the transition to renewable energy sources.

Sustainable Products & Innovation

• ChargeBox and ChargePost battery-buffered fast-charging systems

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• CO2 Reduction
• Integration of Renewables

Environmental Achievements

• Reduced CO2 emissions through the integration of renewables into energy systems (implied, not quantified)

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Supply chain interruptions
• Customer delivery dates and material delivery constraints

Mitigation Strategies

• Increased capacity to fulfill increased demand
• Identified plant location in the U.S. to supplement existing German plant

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products (implied)

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ChargeBox
• ChargePost
• ChargeTrailer
• PowerBooster
• Rack Systems
• Container Systems
• MyPowerPlant®

Awards & Recognition

• Not disclosed