Albireo Energy
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:3,839 MT CO2e (Scope 1 & 2 Market-Based)
Scope 1 Emissions:2,946 MT CO2e
Scope 2 Emissions:893 MT CO2e (Market-Based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:15,083 MWh
Water Consumption:2,485,064 gallons (estimated)
Waste Generated:1,502 MT (estimated)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Opportunities in green buildings and clean technologies
- Carbon footprint and energy use in our operations
- Employee safety
- Employee recruitment and retention
- Talent management
- Business operating systems
- Supply chain risk management
- Ethics and compliance
- Cybersecurity
Environmental Achievements
- Completed an environmental operating baseline using proprietary Utility Module technology.
- 75% of gross revenue attributed to helping customers address sustainability goals.
- Commitment to converting at least 75% of the fleet to hybrid vehicles by 2030.
- Facilitated the purchase of 180,000 Green MWh of renewable energy credits, resulting in an estimated emissions reduction of nearly 70,000 MTCO2e for customers.
Social Achievements
- Certified™ by Great Place to Work® for the sixth year in a row.
- Over 200 employees awarded peers with Shining Star recognitions.
- Received 17 master and platinum awards from suppliers.
- 50% of leadership roles filled through internal promotions in 2023; 18% of leadership promotions were women.
- Increased Star Finder Employee Referral Program bonus from $2,000 to $3,000.
- Planted 1,000+ trees, estimated to absorb 380 tons of CO2 over their lifetimes.
Governance Achievements
- Strengthened supplier management practices and cybersecurity protocols and training.
- Received a Bronze medal from EcoVadis for ESG progress.
- Implemented a Supply Chain Risk Management policy and program, including screening of top 15 suppliers.
- Established a Cybersecurity Stars program recognizing employees for cyber vigilance.
- Implemented NIST Risk Management Framework 800-171 and self-assessed as compliant with CMMC Level 1.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Converting at least 75% of the fleet to hybrid vehicles by 2030.
Short-term Goals:
- 30% increase in buildings with complete utility data in 2024.
Environmental Challenges
- Relatively small environmental footprint compared to the impact of their services.
- Data availability limitations for accurate environmental metrics (water and waste).
- Competitive environment for skilled talent.
- Supply chain risks.
Mitigation Strategies
- Continuous improvement in data collection (30% increase in buildings with complete utility data in 2024).
- Commitment to converting at least 75% of the fleet to hybrid vehicles by 2030.
- Initiating a telematics pilot to assess saved mileage and reduced idling.
- Structured and agile critical staffing review process.
- Strategic sourcing of talent through trade schools, colleges, and universities.
- Supply Chain Risk Management policy and program, including supplier screening and a future Code of Conduct.
Supply Chain Management
Supplier Audits: Screening, diligence, and continuous monitoring program for top 15 suppliers.
Responsible Procurement
- Evaluation of environmental, human rights, and compliance factors.
- Ensuring responsible business practices and market redundancy.
- Future implementation of a Supplier Code of Conduct.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI, UN SDGs
Certifications: Great Place to Work®
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- BEYOND Analytics
- BEYOND Comfort
- Data Center Solutions
- Energy Services
- Programmable Logic Controllers
- Renewable Energy Procurement
Awards & Recognition
- Great Place to Work® Certification (6 years)
- Bronze medal from EcoVadis