Hoyer Motors

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2020

In its 2023 reporting, Hoyer Motors disclosed greenhouse gas emissions of 578.41 tCO2e. By scope: Scope 1: 177.49 tCO2e; Scope 2: 400.92 tCO2e. 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
578.41 tCO2e
2023
⚙️
Energy Use
1.9K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).177.49 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.400.92 tCO2e

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
2023578.41 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

  • Establish a Scope 3 baseline by 2024.
  • Reduce Scope 1 and 2 emissions by becoming net-zero in Europe and committing to 100% renewable energy in Asia by 2030.
  • Improve internal waste separation.

📅 Medium-term

  • Achieve ENPS score at industry benchmark.
  • Maintain a safe work environment at Hoyer locations and in the supply chain.
  • Achieve a 60/40 balance of men/women on the board by 2025.

🔭 Long-term

  • Net-zero emissions by 2030 in Europe and move away from fossil fuel usage in Asia by 2030.

🌱 ESG Focus Areas

Climate ChangeEnergy EfficiencyWorking ConditionsSupply Chain SustainabilityCybersecurityDiversity & Inclusion

⚠️ Challenges & Risks +

  • Increased electricity consumption in Chinese facilities due to heating needs and increased activity in the new test center.
  • Minor increase in natural gas consumption.
  • Challenges related to employee sickness absence, partly due to the implementation of a new ERP system and long-term consequences of Covid-19.

📋 Report Information

Reporting Period: 2023
Frameworks: GHG Protocol, CSRD (in progress)