Avila Energy Corporation
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Environmental Responsibility
- Sustainable Energy
Environmental Achievements
- Projected reduction of up to 20,000 tons annually in collective Tier 3 (Scope 3) CO2 emissions for every 1,000 customers using EnerTwin by 2024.
- Targeting Net Zero Tier 3 (Scope 3) CO2 Emission Energy deliveries by 2027.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Economically sustainable delivery of Carbon Neutral to Net Zero Energy Sales by 2027.
Medium-term Goals:
- Adding 50,000 customers annually by the end of 2026 from at least 5 regional offices.
Short-term Goals:
- Install first 50,000 EnerTwin units in Canada and the US by the end of 2025.
Environmental Challenges
- Obtaining CSA certification for EnerTwin in Canada.
Mitigation Strategies
- Company is positioning itself to commence manufacturing and initial deliveries in late 2023 in Canada for 2024, with US sales automatically approved upon receiving CSA approval.
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 and sale of EnerTwin
Reporting Standards
Frameworks Used: Null
Certifications: KIWA Certification (EnerTwin in EU and UK)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
EnerTwin contributes to affordable and clean energy and reduces carbon emissions.
Sustainable Products & Innovation
- EnerTwin micro-CHP system
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Diversity, Equity, and Inclusion
- Governance
- Community Investment
- Sustainable Energy Solutions
Environmental Achievements
- 90% reduction in emissions by 2027 (projected)
- On track to be Net Negative Neutral CO2 Emitter in 2025 (projected)
- Design of Carbon Capture (CCS) Facility in 2023
- Development of a vertically integrated carbon-neutral energy business
Social Achievements
- 50/50 ratio of men to women in the workforce
- Ethically diverse workforce
- Revamped employee benefits package
- Increased workplace flexibility
- Community investment in children's, social-economic development, and mental health organizations
Governance Achievements
- Increased diversity of the Board in 2023
- Established Whistleblower Policy
- Written documentation for Diversity, Business Conduct, and Ethics Code of Conduct
Climate Goals & Targets
Long-term Goals:
- Net-zero carbon emissions by 2035
- Avila distributors will be assigned to 10 trading areas within North America, by 2030
Medium-term Goals:
- Carbon Neutral Energy provided at scale by 2025
- North American Certification of Natural Gas fueled Combined Cycle Nodal Power Generation in 2024
- Ramp up of Manufacturing and increase Avila Sales & Distribution Centers in 2024
- Continue to increase Manufacturing and Distribution units in 2025
- Reformation of natural gas, supply and delivery of hydrogen to Avila’s new customers by 2030
Short-term Goals:
- Net Neutral CO2 Emitter and Social Workplace by year-end 2023
- Initial 100 installations of Integrated Energy Solutions in 2 distinct North American markets by December 31, 2024
Environmental Challenges
- Risk of oil and gas being phased out in favor of alternative energy sources
- Increasing regulation
- Physical impacts of climate change (extreme weather events)
Mitigation Strategies
- Diversifying its portfolio and investing in new energy technologies
- Positioning itself as a leader in compliance and sustainability
- Improving safety protocols and protecting wells and facilities
- Proactively addressing legal risks related to climate change
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Increasing regulation
- Phase-out of oil and gas
Opportunities
- Investment in CCUS and CHP Microturbines
- Development of sustainable power generation with carbon capture
Sustainable Products & Innovation
- EnerTwin (microturbine technology)
- Integrated Energy Solution (IES)