avk-esg-2024-25 - Flipbook - Page 49
E
Comments to
Environmental
All figures are based on total consumption for
all companies within the AVK Group.
Environmental policy
To address our responsible use of energy and
address broader environmental impacts, the
AVK Group has developed an environmental
policy covering a wide range of topics, including
energy consumption, climate change, pollution,
and the use of water and other resources.
implementation of on-site solar PV installations
and the purchase of certified renewable energy
through Guarantees of Origin (solar, wind, and
hydro). In addition, ongoing efforts to improve
energy efficiency across our operations have
contributed to lowering indirect emissions.
These measures are examples of how AVK
works om minimising Scope 2 emissions from
purchased electricity in line with our long-term
climate objectives.
in 2024/25, with MWh per DKKm increasing
slightly from 11.52 to 11.76 (+2.08%). The
increase in absolute electricity consumption is
primarily driven by higher operational activity
and the inclusion of an acquired company.
Historical data for previous periods has not
been recalculated to include this acquisition.
Greenhouse gas emissions and
calculation of CO2e emissions
This year’s Scope 1 (direct) and Scope 2
(indirect) emissions have been calculated
in accordance with international standards
under the Greenhouse Gas (GHG) Protocol,
applying both location-based and market-based
methodologies for Scope 2 emissions.
The Scope 1 index decreased from 1.63 to
1.33, while the Scope 2 index decreased
from 4.01 to 3.09. The overall CO2 intensity,
measured as the emissions intensity, reflects
mixed trends.
Despite the increase in total consumption, our
CO2 intensity per turnover remains nearly stable
due to the continued shift towards renewable
energy. In 2024/25, 52.17% of our electricity
consumption was sourced from renewables,
supported by own solar cell installations
and Guarantees of Origin. A number of
subsidiaries have recorded reductions in
electricity consumption as a result of local
energy efficiency initiatives, such as equipment
upgrades and process optimisation.
See Figure 2 and Figure 3.
See Figure 4.
Some countries remain reliant on coal for the
generation of electricity and heat, resulting
in comparatively high CO2e emission factors.
These factors are largely determined by the
national energy production mix – the proportion
of energy sources such as coal, natural gas,
biomass, wind, solar, and hydropower used in
electricity and heat generation. A higher share
of fossil fuels in the production mix leads to
higher average CO2e emissions per unit of
energy produced. Furthermore, the share of
electricity sold as renewable or “green” power
through Guarantees of Origin is withdrawn from
the overall electricity mix. This reduces the
renewable share of the residual, non-certified
electricity, leading to higher average emission
factors, particularly in countries that continue to
rely heavily on fossil energy sources.
Scope 1 - C02 emissions
Consumption - Electricity
The overall CO2 intensity, measured as
emissions intensity, reflects decreasing trends.
Tonnes CO2 per DKK million (turnover)
13.36
1.63
1.33
1.29
2022/23
2023/24
2024/25
Scope 2 emissions decreased significantly
in the 2024/25 reporting year, despite
increased production activities. The reduction
has primarily been driven by increased use
of renewable electricity. This includes the
2021/22
Scope 2 - C02 emissions
4.29
4.01
11.52
11.52
11.76
2022/23
2023/24
2024/25
Figure 4
Figure 2
Tonnes CO2 per DKK million (turnover)
Scope 1 emissions decreased in the 2024/25
reporting year, primarily driven by a reduction in
the use of fossil fuel and an increased share of
biogas in our energy mix. Additional contributing
factors include lower natural gas consumption
for heating, supported by a global transition to
low-energy solutions such as the installation of
heat pumps in our facilities as well as reduced
gasoline and diesel consumption through the
replacement of conventional vehicles with
electric alternatives. These measures reflect our
systematic efforts to minimise direct emissions
from our operations and fleet in line with our
long-term climate objectives.
MWh per DKK million (turnover)
Water consumption
Our total water consumption decreased from
206,088 m³ to 189,015 m³ (-8.28%), with
water use per DKKm decreasing from 22.83
to 20.12 (-11.87%). This reduction reflects
efficiency improvements across our operations,
particularly in companies that have successfully
implemented water-saving measures.
3.09
2022/23
2023/24
2024/25
Despite some variations across subsidiaries,
we remain committed to minimising water
consumption, prioritising efforts on companies
with the highest usage levels relative to their
turnover. These initiatives contribute to a
positive environmental impact and reinforce our
commitment to sustainable operations.
Figure 3
See Figure 5.
Electricity consumption
The table and charts below show the AVK
Group’s electricity consumption in the last
four years.
Our total electricity consumption increased
from 104,032 MWh to 110,455 MWh (+6.17%)
AVK Group Sustainability report 2024/2025 | 49
