avk-esg-2024-25 - Flipbook - Page 36
Electric cars
Number
132
79
56
28
2021/22
2022/23
2023/24
2024/25
Figure 1
This pilot phase will be conducted to ensure
that AVK works systematically and transparently
with both direct and indirect climate impacts
throughout the value chain and provides a
solid foundation for full implementation going
forward.
Electric vehicles as company cars
It is our ambition to reduce the total amount of
environmentally harmful emissions, including
particles and CO2 from our car fleet. At the
same time, we strive for an optimal operating
economy for the car fleet.
In 2023/24, we implemented a company
car policy in Denmark. This means that from
2025, we only lease electric vehicles (EVs) as
company cars. The policy has initially been
implemented in our companies in Denmark,
and subsequently implemented in countries
where the infrastructure for charging electric
vehicles is in place. The policy will only apply to
passenger cars.
This will allow us to gradually phase out
passenger cars that use fossil fuel when current
leases expire. By 2030, all AVK passenger cars
that use fossil fuel in Denmark will be phased
out.
By the end of this financial year, we have
132 EVs globally, which is a 67% increase
compared to 2023/24 where we had 79
EVs, equivalent to 31.3% of the total sum of
company cars.
See Figure 1.
Additionally, some companies within the AVK
Group have installed charging stations for
36 | AVK Group Sustainability report 2024/2025
electric vehicles as well as electric bikes and
electric scooters, which is a growing trend both
in Europe and Asia.
Microplastic as a source
to pollution
Based on the AVK Group’s Double Materiality
Assessment, microplastics have been identified
as a material topic solely within the plastics
division. The handling of plastic pellets, regrind,
and recycled plastics in this division may lead to
unintentional release of microplastic particles,
for example through pellet loss during transport
and internal handling or through dust and
fragments generated during granulation and
reprocessing.
To minimise these risks, the plastics division
has established controlled procedures for
handling and storage, implemented filtering and
collection systems in relevant processes, and
introduced strict waste segregation to ensure
that all plastic residues are either recycled
or responsibly disposed of. Employees are
trained in preventing spills and ensuring proper
collection of plastic materials.
The division’s circular approach, using
return materials and recycled plastics in new
components, further reduces overall waste
and the likelihood that plastics end up in the
environment as microplastics. Read more in the
chapter Recycled plastics in our production.
For other business areas within AVK, including
valve and rubber production, microplastics are
assessed as non-material, as the processes
and materials used do not generate microplastic
emissions.
Resource use and circular
economy
Based on the AVK Group Double Materiality
Assessment, resource use and waste are
material impacts across the Group. We work
systematically to improve resource efficiency
and reduce waste throughout our value chain.
Our production is primarily based on metals,
rubber and plastics, and we continuously
focus on using materials more efficiently
through increased use of recycled and certified
materials, improved process and inventory
management, and evaluation of alternatives with
a lower environmental footprint.
Our products are designed with longevity in
mind and scrap and residual materials are
collected and reused wherever possible. In
the plastics division, return materials and
production scrap are reprocessed into new
components, supporting circular material flows
and reducing the need for virgin resources.
Waste management is integrated into our
ISO 14001 systems with a focus on source
separation, recycling of metal, rubber and
plastics, and minimising landfill.
Local sites already run targeted initiatives
and collect operational data, but we currently
lack consolidated AVK Group data to support
consistent monitoring and comparable KPIs.
Strengthening central data quality and
establishing a unified reporting structure
is therefore a priority. As Group level data
becomes available, we will set quantitative
targets for waste reduction, recycling
rates, and the use of recycled materials to
ensure transparent tracking and continuous
improvement.