Axpo Holding AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-10 to 2024-09🗂️ Report periods on file: 2023-10 to 2024-09, 2022-10 to 2023-09

In its 2023-10 to 2024-09 reporting, Axpo Holding AG disclosed greenhouse gas emissions of 2.0M tCO2e/year. By scope: Scope 1: 1.3M tCO2e/year; Scope 2: 38.3K tCO2e/year; Scope 3: 644.3K tCO2e/year. 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
2.0M tCO2e/year
2023-10 to 2024-09

📊 Emissions by Scope (2023-10 to 2024-09)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.3M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.38.3K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).644.3K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-10 to 2024-092.0M tCO2e/year
2022-10 to 2023-092.2M tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce carbon emissions from own electricity consumption and vehicle fleet to net zero by 2030

📅 Medium-term

  • Decarbonise emissions in Axpo’s direct sphere of influence (net zero in Scope 1 and 2) by 2040
  • Increase the proportion of women to 30% by 2030
  • Become one of the largest training companies in Switzerland by 2030 with an apprenticeship rate of 15%

🔭 Long-term

  • Achieve net-zero emissions in its value chain (Scope 3) by 2050

🌱 ESG Focus Areas

climate & environmentemployees & societygrowth & innovationethics & responsibility

⚠️ Challenges & Risks +

  • Reconciling climate and environmental protection with security of energy supply and economic viability
  • Lengthy approval procedures for renewable energy projects
  • Regulatory challenges and market uncertainties
  • Shortage of skilled workers
  • Physical risks such as heat waves, heavy rain, and flooding
  • Market changes, political, regulatory, or technological developments impacting greenhouse gas emissions
  • Challenges in expanding wind energy in Switzerland due to acceptance issues and objections
  • Risks of human rights or environmental guideline violations in the supply chain
  • Potential for not meeting targets in sustainability-linked financing
  • Lengthy approval procedures, shortage of skilled workers, and turmoil on energy markets impacting renewable energy expansion

📋 Report Information

Reporting Period: 2023-10 to 2024-09
Frameworks: GRI Universal Standards 2021, TCFD, CSRD
Assurance: KPMG AG