Climate Change Data

Allgon AB

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:38,661.2 tCO2e/year
Scope 1 Emissions:164.6 tCO2e/year
Scope 2 Emissions:219.0 tCO2e/year
Scope 3 Emissions:38,277.7 tCO2e/year
Renewable Energy Share:68.5%

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced air transport of goods from Asian production units by an unspecified amount in 2023, aiming for a 10% reduction in 2024.
  • Improved data quality for Scope 3 emissions calculations in 2023.

Social Achievements

  • Launched a group-wide gender equality and diversity policy (since 2019).
  • Donated to charitable causes, including the World Wildlife Fund.
  • Sponsored the "Tecnico Solar Boat" project (Tele Radio Spain).

Governance Achievements

  • Integrated R&D, product management, sustainability, quality, and product compliance departments of Åkerströms and Tele Radio into the Allgon Group (June 1, 2023).
  • Streamlined processes and improved operational efficiency through integration of various departments under the Allgon umbrella.
  • Appointed a new CFO and COO with relevant experience.

Climate Goals & Targets

Long-term Goals:
  • Reduce emissions in line with research (long-term goal).
Medium-term Goals:
  • Achieve 70% renewable electricity by an unspecified year, aiming for 100% long-term.
Short-term Goals:
  • Reduce air transport by 10% by 2024.
  • Increase freight transported by boat by 20% by 2025.
  • Have all suppliers to Allgon’s headquarters sign the Code of Conduct by 2024.

Environmental Challenges

  • Disruptions to the component chain.
  • Gender imbalance within the company.
Mitigation Strategies
  • Minimized the impact of component chain disruptions through proactive inventory management.
  • Actively identifying and promoting underrepresented candidates during the recruitment process to address gender imbalance.
  • Implementing strategic measures and awareness campaigns to create a more inclusive working environment.

Supply Chain Management

Supplier Audits: 75% of Gothenburg suppliers signed the Code of Conduct in 2023; 24% of Dalarna key suppliers signed.

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters affecting buildings and facilities, supply chain disruptions
Transition Risks
  • Regulatory changes, technological advances, political decisions, fluctuations in raw material prices

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001

UN Sustainable Development Goals

  • SDG 3
  • SDG 7
  • SDG 8
  • SDG 10
  • SDG 12
  • SDG 13
  • SDG 16

Allgon's initiatives contribute to these goals through various actions described in the sustainability report.