Climate Change Data

Miba AG

Climate Impact & Sustainability Data (2021-2022, 2023-02 to 2024-01)

Reporting Period: 2021-2022

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
  • Social Responsibility
  • Governance

Environmental Achievements

  • Installed solar energy systems on production plants in Austria and India, generating up to 1.5 MW of electricity in Austria and 390 MWh in India, saving 230 tons of CO2 in India.
  • Set a goal to halve CO2 emissions by 2030 and achieve CO2 neutrality by 2040.

Social Achievements

  • Miba Drivetec India supports social projects in Pune, including providing wood pellet stoves and a solar-powered pump station.
  • Established the MINTality Foundation to encourage women in technology.
  • Celebrated 50 years of Miba Sinter with a family party.

Governance Achievements

  • Implemented Positive Leadership culture focusing on employee strengths and empowerment.
  • Merged Göttingen and Osterode plants successfully.

Climate Goals & Targets

Long-term Goals:
  • Achieve CO2 neutrality by 2040.
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Halve CO2 emissions by 2030.

Environmental Challenges

  • Coronavirus pandemic and lockdowns impacting global supply chains.
  • High inflation affecting disposable income.
  • War in Ukraine creating uncertainty.
Mitigation Strategies
  • Maintained financial strength and independence (50.5% equity ratio).
  • Invested in R&D (EUR 41 million) and employee training (EUR 1.6 million).
  • Developed alternative sourcing strategies and digital cooperation to overcome installation challenges in China.

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

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 13 (Climate Action)

Miba's initiatives contribute to these goals through sustainable energy production, innovative technologies, and CO2 emission reduction.

Sustainable Products & Innovation

  • Miba Battery Systems' battery solutions for efficient energy storage
  • Products for wind turbines, hydropower, and efficient power grids

Awards & Recognition

  • Pegasus Business Award (silver)

Reporting Period: 2023-02 to 2024-01

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:9192 MWh/year
Water Consumption:11,200,000 m3/year
Waste Generated:438 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance

Environmental Achievements

  • Saved 9,192 megawatt hours of energy (fiscal year 2023/24), a significant increase from the previous year's savings.
  • Saved 11.2 million liters of water (fiscal year 2023/24), a sevenfold increase from the previous year.
  • Reduced waste by 438 tons (fiscal year 2023/24).

Social Achievements

  • Celebrated 10 years of the Miba creche, providing care for 127 children.
  • Organized a three-week summer vacation childcare program for 80 children.
  • Received awards for health and safety programs in Austria and Slovakia.
  • Supported various social initiatives, including education sponsorships and charitable contributions.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Achieve climate-neutral production by 2040.
Medium-term Goals:
  • Halve CO2 emissions from own production and supplier network by 2030.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

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

  • Miba FLEXcooler
  • VOLTstation
  • Lead-free bearings
  • Sputter technology for aircraft gears

Awards & Recognition

  • Regionalitätspreis (Upper Austrian Regionality Prize)
  • Energy Globe Award
  • Leading Employers 2023
  • Best Recruiters 23/24
  • US-A-Biz Award 2023
  • Austria’s Leading Companies
  • Certificado de Reconhecimento (On Time Delivery)
  • Staatspreis Innovation (Austrian National Innovation Award - finalist)
  • Employer of the Future
  • Company Wall Business Award 2023
  • Healthy Company of the Year 2023
  • Technical Support Award 2023
  • Supplier of the Year 2023
  • Development Partner 2023