- Increased Scope 1 emissions in 2023 due to the return to normal working conditions after the pandemic.
- Limited possibilities for energy upgrades in the historical building at Tatoiou 21 due to its protected status.
- Lack of sufficient data on adverse impacts of investment decisions on sustainability factors.
ALPHA TRUST-ΑΝΔΡΟΜΕΔΑ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ ΕΠΕΝΔΥΣΕΩΝ ΧΑΡΤΟΦΥΛΑΚΙΟΥ
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ALPHA TRUST-ΑΝΔΡΟΜΕΔΑ ΑΝΩΝΥΜΗ ΕΤΑΙΡΕΙΑ ΕΠΕΝΔΥΣΕΩΝ ΧΑΡΤΟΦΥΛΑΚΙΟΥ disclosed greenhouse gas emissions of 47.45 tCO2e/year (Scope 1+2, location based). By scope: Scope 1: 6.79 tCO2e/year; Scope 2: 40.66 tCO2e/year (location based), 29.80 tCO2e/year (market based); Scope 3: 8.7K 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.
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 6.79 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 40.66 tCO2e/year (location based), 29.80 tCO2e/year (market based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 8.7K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 47.45 tCO2e/year (Scope 1+2, location based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions from Scope 1 & 2 activities from 53.60 tCO2e in 2022 to 47.45 tCO2e in 2023 (13.4% reduction from 2020-2023).
- Completely eliminated the use of oil for heating in 2023.
- Increased the share of electric and hybrid vehicles in the company fleet to 67% in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- ESG training for 100% of employees by 2025.
- Significant increase in the number of portfolio companies considering ESG criteria in their operations (PRI signatory manager) by 2025.
📅 Medium-term
- Active participation with portfolio companies to implement ESG practices by 2030.
- Maximize value for shareholders and the wider community by 2030.
🔭 Long-term
- Alignment with the goals of the Paris Agreement by 2050.