Enersense International Oyj
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:6159 tCO2e
Scope 1 Emissions:6159.1 tCO2e
Scope 2 Emissions:3782 tCO2e
Total Energy Consumption:24611 MWh
Carbon Intensity:16.97 tCO2e per million euros of revenue (Scope 1)
ESG Focus Areas
- Sustainable work
- Sustainable business
- Environmental responsibility
- Energy transition
- Renewable energy production
Environmental Achievements
- Calculated Group’s direct (Scope 1) and indirect (Scope 2) greenhouse gas emissions for the first time in 2023 (6,159 tCO2e and 3,782 tCO2e respectively).
- All new power purchase agreements will be based on zero-emission or renewable energy.
Social Achievements
- Revised and modernized personnel survey in 2023, reflecting employee confidence with a commitment index of 3.7/5.
- Introduced a new HR system in 2023 to support open and transparent working.
- Developed a Group-wide cooperation network for occupational safety.
Governance Achievements
- Updated competition law policy in 2023.
- Updated anti-bribery and anti-corruption policy in 2023.
- Commitment to the Science Based Targets initiative (SBTi) made at the end of 2023.
Climate Goals & Targets
Long-term Goals:
- Revenue of EUR 500 million by 2027 (100 MEUR strategic development projects, 100 MEUR own energy production, 300 MEUR core business operations).
- EBITDA of EUR 100 million by 2027 (35 MEUR strategic development projects, 35 MEUR own energy production, 30 MEUR core business operations).
- Own renewable energy production of 600–700 MW by 2027.
- Share of revenue that belongs to the EU environmental taxonomy: 65–70% by 2027.
Medium-term Goals:
- Set science-based near-term emissions reduction targets by the end of 2025.
Environmental Challenges
- High inflation impacting material and salary costs.
- Uncertainty about economic development negatively impacting the investment environment of some customers.
- Tight competitive environment.
- Challenges in availability of skilled workforce.
Mitigation Strategies
- Successfully transferred higher costs to sales prices (ongoing discussions with customers).
- Investing in the ramp-up of offshore and electric vehicle charging solutions businesses and a new ERP system.
- Investing in employees’ competence development.
- Continuous development of recruitment and management.
Supply Chain Management
Supplier Audits: 15 supplier audits carried out in 2023.
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Weather fluctuations increasing with climate change.
Transition Risks
- Changes in environmental, climate and energy regulations and legislation.
- Stricter regulations increasing costs.
Opportunities
- Increased demand for green energy solutions.
Reporting Standards
Frameworks Used: Finnish Accounting Act (1336/1997), Regulation (EU) 2020/852, GHG Protocol, COSO ERM framework, ISO 31000 standard
Certifications: ISO 14001:2015, ISO 45001:2018, ISO 9001:2015
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 8 (Decent work and economic growth)
- Goal 9 (Industry, innovation and infrastructure)
- Goal 11 (Sustainable cities and communities)
- Goal 13 (Climate action)
Enersense's business operations are closely linked to the implementation of the energy transition and the UN SDGs.
Sustainable Products & Innovation
- High power charging systems for electric transport
- Offshore wind power plant foundations