- Turbulent macroeconomic and geopolitical situation, high inflation and interest rates.
- Falling energy prices and fierce competition in PV component trading.
- Lower electricity prices and deterioration of volumes and margins in PV component trading business.
- Higher financial costs resulting from increased levels of bank financing.
Photon Energy N.V.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Photon Energy N.V. disclosed greenhouse gas emissions of 670.8 tCO2e/year (Scope 1 & 2). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
670.8 tCO2e/year (Scope 1 & 2)
2023
Water Usage
738.9 liters per MWp for panel cleaning
2023
Waste
47.9 tons/year (recycled from Romanian projects)
2023
Energy Use
509.4 MWh/year (offices and on-site)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 670.8 tCO2e/year (Scope 1 & 2) |
| 2022 | 409.6 tCO2e/year (Scope 1 & 2) |
| 2021 | 342.8 tCO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Generated 139.8 GWh of clean electricity in 2023, avoiding 58,286 tonnes of CO2e emissions compared to conventional electricity production.
- Relocated to a new BREEAM 5-star rated office in Romania with solar panels for hot water.
- Implemented an Extended Producer Responsibility (EPR) system for on-site construction waste management, reusing or recycling 47.9 tonnes of waste in Romania.
- Reduced PFAS concentration by up to 80-100% in an Australian pilot trial.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain zero fatalities and serious injuries.
📅 Medium-term
- Achieve profitability in all segments.
🌱 ESG Focus Areas
Climate Change MitigationEnvironmental Impact MinimizationBiodiversityWater Conservation and ManagementEmployee Well-beingCommunity EngagementCorporate GovernanceResponsible ProcurementHuman Rights