avk-esg-2024-25 - Flipbook - Page 37
CASE
Our goal remains to ensure that over 65% of
our waste is recycled and reused. By the end
of financial year 2025, non-recyclable waste
accounts for 56% of our total waste volume, an
increase from 46% last year.
When we achieve a valid amount of data, we
will start monitoring the waste handling and
performance of the individual sites.
Water
Water is primarily used as a resource in our
pressure testing processes and for cleaning and
sanitation purposes, and due to the low water
consumption in the AVK Group, the topic “Water
and marine resources” is not rated material in
our Double Materiality Assessment. However,
as water is our core business, we want to keep
water consumption monitored and managed
and to reduce our usage wherever possible –
for example through recycling in close circuits or
similar initiatives.
In the coming years, we will focus on reducing
water consumption, prioritising efforts on
companies with the highest usage levels
relative to their turnover and in areas with water
scarcity.
Greenhouse Gas Protocol (GHG)
The Greenhouse Gas Protocol (GHG) is
the leading international standard for how
CO2 emissions are measured and reported
as CO2 equivalents (CO2e). You measure
according to three types of emissions,
referred to as Scope 1, 2, and 3.
Scope 1
Direct emissions from activities that the
company itself controls, i.e. emissions
from own vehicles and own heat and
energy manufacturing facilities.
Scope 2
Indirect emissions from supplied energy,
including electricity and district heating.
The emission happens elsewhere, e.g. at
local heat and power stations or district
heating sites.
Scope 3
Indirect emissions from the company’s
value chain (upstream and downstream).
TRANSITION TO RENEWABLE ENERGY IN
THE DANISH COMPANIES
At AVK, we are working proactively to reduce
the company’s climate footprint through an
ambitious transition to renewable energy. As
part of our long-term climate targets, all AVKowned companies in Denmark have, by the end
of the 2024/25 financial year, fully transitioned
to renewable energy.
This transition marks an important step in
our efforts to reduce Scope 2 emissions and
strengthen our overall energy management. For
several of our Danish companies, the renewable
energy is based on a combination of certified
renewable energy from the power grid and
on-site generation from solar panel installations
located on the roofs of our factory buildings.
This combined approach contributes to a stable
energy supply, increased energy independence,
and reduced emissions.
AVK will continue to expand the use of
renewable energy sources, optimise our own
production facilities, and develop new energy
solutions in collaboration with our companies
globally. Therefore, the initiatives in Denmark
represent an important element of our global
decarbonisation strategy and support our
ambition for a more sustainable and responsible
value chain.
