Climate Change Data

FEV Group GmbH

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:34,000 tCO2e/year (Scope 1 & 2, extrapolated)
Scope 1 Emissions:20,000 tCO2e/year (extrapolated)
Scope 2 Emissions:14,000 tCO2e/year (extrapolated)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:120 GWh/year (extrapolated)
Water Consumption:Not disclosed
Waste Generated:1820 tons/year (extrapolated)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Sustainable Technologies
  • Employee Well-being
  • Supply Chain Responsibility
  • Governance

Environmental Achievements

  • Reduced CO2 emissions from fuel combustion at test stands (trend downward due to shift towards e-mobility)
  • Reduced CO2 emissions from company vehicle fleet through acquisition of hybrid and electric vehicles
  • Increased share of sustainable customer projects from 34% in 2017 to 65% in 2021
  • Secured 30 GWh of certified green electricity for 2022 (FEV Europe GmbH)
  • Reduced residual waste through separation systems (FEV Europe GmbH)
  • 100% green energy use at eDLP facility, largely from its own 12,000 m² photovoltaic system

Social Achievements

  • Launched "Bx – Together for Future" initiative to support employees through company transformation, with no dismissals for operational reasons
  • Launched "Attractiveness Project" to improve employee loyalty and satisfaction
  • Implemented flexible work arrangements (mobile work, flexible hours)
  • Provided average of 6 hours of training per employee through Digital FEV Academy
  • Maintained funding for Deutschlandstipendium scholarship program (5 scholarships in 2021)
  • Assisted employees affected by 2021 flooding through fundraising, time off, and psychological support

Governance Achievements

  • Established a Code of Conduct based on company values
  • Implemented a Compliance Management System (CMS) and Technical Compliance Management System (TCMS)
  • Certified Information Security Management System (ISMS) according to DIN EN ISO 27001 and participation in TISAX
  • Implemented ISO 14001-certified Environmental Management Systems at major international locations
  • Implemented DIN ISO 45001 certification for occupational health and safety at locations of FEV Europe GmbH

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Significantly increase share of sustainable customer projects
  • Further expand charging infrastructure
Short-term Goals:
  • 100% renewable electricity procurement at German locations in 2022
  • Expand Environmental Management System to include FEV eDLP GmbH in 2022

Environmental Challenges

  • Reducing energy consumption and associated air pollutant emissions from testing activities
  • Managing risks associated with high-voltage batteries in hybrid and electric vehicles
  • Addressing the technological transformation and its impact on occupational health and safety
  • Increasing the share of women in the workforce and management positions
  • Incomplete Scope 3 emissions data
Mitigation Strategies
  • Energy efficiency measures (desk sharing, LED lighting, compressed air system improvements, cold storage room modernization)
  • Development of a combined simulation and testing process for optimizing thermal propagation in batteries
  • Use of digital tools to reduce energy consumption in development and testing
  • Procurement of green electricity
  • Implementation of the "Female Leadership Group" initiative
  • Working to compile complete Scope 3 data for future reporting

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Emphasis on ecological and social aspects when selecting suppliers
  • Local procurement wherever possible
  • Use of SAP S/4Hana and COUPA for transparent and digital supplier management
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Growth in sustainable e-mobility projects

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 45001, DIN EN ISO 27001 (past)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • SVEN (Shared Vehicle Electric Native)
  • Mobile Fast Charging (MFC) power bank
  • Optimized thermal propagation simulation and testing process for high-voltage batteries
  • LiDAR technology for autonomous driving

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:34,313 tCO2e/year (2022)
Scope 1 Emissions:18,084 tCO2e/year (2022)
Scope 2 Emissions:8,894 tCO2e/year (2022)
Scope 3 Emissions:7,335 tCO2e/year (2022) (Scope 3.6 and 3.7 only)
Total Energy Consumption:158,021 MWh/year (2022)
Waste Generated:1079 tons/year (2022)

ESG Focus Areas

  • Climate change
  • Electrification and hydrogen technology
  • Software development
  • New work models
  • Own workforce
  • Consumers and end-users
  • Business conduct

Environmental Achievements

  • Increased share of sustainable business from 34% in 2017 to 65% in 2021 (slightly decreased to an unspecified percentage in 2022 due to a large diesel order; target of 69% for 2023)
  • Reduced CO2 emissions due to fuel combustion at FEV Europe test stands from 2,972 tons in 2021 to 2,487 tons in 2022
  • Reduced specific CO2 emissions of the company car fleet at FEV Europe by 31 tons from 621 tons in 2021 to 590 tons in 2022
  • FEV Europe covered its entire electricity demand with certified, climate-neutral green electricity from KlimaInvest in 2022, resulting in 10,641 fewer tons of CO2 emissions
  • eDLP development and test center in Saxony-Anhalt certified according to ISO 14001 in 2022

Social Achievements

  • Added 859 FTEs in 2022
  • Developed a global mentoring program
  • Established Leadership Labs for potential analysis and talent promotion
  • Continued the “BX – Together for future” initiative
  • Expanded the Digital FEV Academy
  • Maintained an accident rate below the target of 5 accidents per 1,000 full-time employees (2.7 in 2022)

Governance Achievements

  • Implemented a central risk management system in 2022 (full implementation in 2023)
  • Established a group-wide Compliance Management System (CMS)
  • Implemented a whistleblower system in accordance with the Whistleblower Protection Act (HinSchG)
  • Operates an information security management system (ISMS) according to EN ISO 27001:2022 and participates in TISAX®

Climate Goals & Targets

Short-term Goals:
  • Increase share of sustainable business to 69% by 2023

Environmental Challenges

  • Uncertainties due to disrupted supply chains, semiconductor shortages, and rising raw material and energy prices
  • Shortage of skilled workers
  • Increasing mental stress in the modern work world
  • Growing cyber threats
Mitigation Strategies
  • Continuous expansion of the service portfolio and strategic focus on e-mobility and digitalization
  • Investing in recruiting, personnel development, and training
  • Offering flexible workplace design and various employee benefits
  • Expanding cyber defense department and implementing a 24/7/365 Security Operation Center (SOC)

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability criteria in supplier selection
  • Use of SAP S/4Hana and COUPA for supplier management

Climate-Related Risks & Opportunities

Opportunities
  • Development of low-CO2 drive technologies

Reporting Standards

Frameworks Used: ESRS

Certifications: ISO 14001, ISO 45001, ISO 9001, TISAX®

Sustainable Products & Innovation

  • SVEN (Shared Vehicle Electric Native)
  • Software Defined Vehicles (SDV)
  • High-voltage battery safety improvements
  • Battery recycling solutions (CycleBat)