avk-esg-2024-25 - Flipbook - Page 56
OUR FUTURE ACTIVITIES
AND AREAS OF ACTION
In the AVK Group, innovation and the development of durable, high-quality products
designed for long life, repairability, and recyclability remain central to our business.
Acting responsibly towards our employees, the environment, and the societies in which
we operate is embedded in our values and reflected in our long-term strategic priorities.
Looking ahead, we will continue to strengthen our sustainability work by improving
resource efficiency, advancing circular solutions, enhancing human rights and responsible
supply chain practices, and maturing our governance and reporting processes in line with
evolving global standards and stakeholder expectations.
Below, is an overview of key initiatives and focus areas that will guide our progress in the
coming years.
Future focus and planned
sustainability initiatives
In the coming years, we will continue to
strengthen our sustainability performance
in line with the AVK Sustainability Strategy
and evolving CSRD and ESRS requirements.
Building on our results, we will accelerate
initiatives that reduce environmental impact,
support circular production, and ensure
responsible business practices across our
global operations.
A key focus will remain on improving resource
and energy efficiency in our production,
reducing reliance on fossil fuels, and increasing
the use of renewable energy.
At the same time, we will continue advancing
product transparency and circularity, particularly
through the expansion of Environmental Product
Declarations (EPD) and increased use of
recycled materials.
Key initiatives for the
coming years include:
Our environmental and climate effort
Decarbonisation & energy efficiency
• Develop a climate transition plan to define
our roadmap for reducing emissions and
supporting long-term decarbonisation.
56 | AVK Group Sustainability report 2024/2025
• Increase the share of renewable electricity,
including solar panel installations at more
manufacturing sites.
• Reduce natural gas consumption,
implementing energy optimisation
programmes, and adopting alternative
heating solutions.
• Conduct structured energy audits and
continue to upgrade to energy-efficient
systems, including LED lighting and smart
building controls.
• Energy audits will be part of ISO 50001
activities and will follow this KPI.
• Further rollout of ISO 50001 across relevant
facilities, with requirements set based on the
company’s total energy consumption and
prioritised on our largest energy consuming
companies.
Circularity & sustainable materials
• Expand the use of recycled materials, such
as plastics and metals in our production. This
measurement is supported by KPIs, data,
and defined targets.
• Establish internal processes for increased
reuse, recycling, and waste reduction in
production.
• Increase the number of EPDs to cover a
wider share of our product portfolio. This
measurement is supported by KPIs, data,
and defined targets.
Water management
• Continued focus on reducing water use,
prioritising locations in water-stressed
regions and sites with high consumption.
This measurement is supported by KPIs,
data, and defined targets.
Climate data, transparency, & supply chain
• As a trial, we are implementing baseline
calculations for Scope 3 emissions in five
major EU companies, with plans to expand
data maturity Group-wide across AVK from
2027.
• Strengthen supplier sustainability
performance and due-diligence processes,
including continued participation in EcoVadis
assessments.
Environmental management
• Extend ISO 14001 implementation across
the AVK Group and drive continuous
improvement at existing certified sites. This
measurement is supported by KPIs, data,
and defined targets.
Through these initiatives, we aim to
continuously enhance our environmental
performance, support our long-term
decarbonisation ambitions, and contribute to
a more circular and resource-efficient value
chain. AVK will maintain a proactive approach
to innovation, compliance, and responsible