Meyer Burger Technology AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019

In its 2023 reporting, Meyer Burger Technology AG disclosed greenhouse gas emissions of 449.7K tCO2e/year (all scopes). By scope: Scope 1: 305 tCO2e/year; Scope 2: 92 tCO2e/year (market-based); Scope 3: 449.3K tCO2e/year (estimated). 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
449.7K tCO2e/year (all scopes)
2023
⚡
Renewable Energy
100% in Germany (for cell and module production)
of total energy
💧
Water Usage
260.7K m3/year
2023
♻️
Waste
11.4K tons/year
2023
⚙️
Energy Use
68.2M kWh/year
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).305 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.92 tCO2e/year (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).449.3K tCO2e/year (estimated)

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
2023449.7K tCO2e/year (all scopes)
2022305.9K tCO2e/year
2021849 tonnes of CO2 equivalents
20193.2K tonnes of CO2 equivalents

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

  • Commence module production in Goodyear, Arizona by the end of Q2 2024 and cell production in Colorado Springs by the end of 2024.

📅 Medium-term

  • Generate an annual EBITDA of around CHF 250 million per year from its business in the USA.

🌱 ESG Focus Areas

Climate ChangeCircular Economy and Resource EfficiencyBiodiversityWater ResourcesEnvironmental PollutionEmployment PracticesNon-Discrimination and Equal OpportunityOccupational Health and SafetyFreedom of Association and Collective BargainingSupply Chain TraceabilityForced Labor and Modern SlaveryEconomic ImpactsPublic Policy

⚠️ Challenges & Risks +

  • Dumping prices from Chinese suppliers in Europe, coupled with a sharp rise in Chinese production overcapacity and a lack of market protection, led to unprecedented distortions in the European solar market.
  • Underutilization of production capacity in Germany.
  • Impairment losses on production materials and finished products.
  • Costs for operating production facilities in Germany and further expansion in the USA.
  • High price pressure due to large supply of modules on the European market.
  • High dependency on Chinese and Asian suppliers for key raw materials.
  • Intense competition from Asian manufacturers of solar modules and cells.
  • Language barriers in production processes.
  • Limited female representation in leadership positions.
  • Challenges in verifying suppliers’ working conditions, especially in distant regions.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards: Core Option (GRI 102-54)
Assurance: PricewaterhouseCoopers AG