- Increased costs for fuel and raw materials due to climate change
- Reduced demand for energy-intensive products
- Tightening regulatory framework for GHG emissions (EU ETS and CBAM)
- Increased compliance costs for Phase 4 ETS
- Carbon leakage risk
HELLENiQ ENERGY Holdings S.A.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, HELLENiQ ENERGY Holdings S.A. disclosed greenhouse gas emissions of 3.6K million tons of CO2e (Scope 1) + 305 thousand tons of CO2e (Scope 2). By scope: Scope 1: 3.6K million tons of CO2e; Scope 2: 305 thousand tons of CO2e. 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
3.6K million tons of CO2e (Scope 1) + 305 thousand tons of CO2e (Scope 2)
2022
Renewable Energy
33% (self-generated electricity)
of total energy
📊 Emissions by Scope (2022)
| 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). | 3.6K million tons of CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 305 thousand tons of CO2e |
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 |
|---|---|
| 2022 | 3.6K million tons of CO2e (Scope 1) + 305 thousand tons of CO2e (Scope 2) |
| 2021-01 to 2021-12 | 4.2K ktCO2e (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
- Reduced energy consumption by 9% compared to 2021
- Increased share of self-generated electricity from 30% to 35%
- Achieved a total reduction of CO2 emissions in the road transport sector by 197,350.85 tn CO2 due to the use of biofuels
- Reduced key air emissions by 33%, 38%, 46% and 49% in SO2, NOx, PMs and VOC emissions respectively since 2013
- Reduced water consumption by 33% compared to 2013
- Increased the amount of wastewater recycled and reused by 24% in production facilities
- Reduced waste sent to landfills by 30% compared to the previous year
- Recovered more than 17,000 tons of waste (approximately 87% of the total) through reuse, recycling, or raw material recovery
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 CO2 emissions by 30% (compared to 2019)
- Achieve 1.7 GW installed capacity in RES and avoid 20% of CO2 emissions
- Achieve zero footprint energy consumption in all self-operated EKO and bp fuel stations
- Install >13,000 electric car charging facilities
- Reduce waste sent for final disposal to a maximum of 15%
📅 Medium-term
- Achieve 2 GW installed capacity in RES
- Invest €200 million in decarbonization
🔭 Long-term
- Achieve climate neutrality by 2050
🌱 ESG Focus Areas
Climate ChangeEnergy Consumption & Greenhouse Gas EmissionsRenewable and Alternative Energy SourcesSustainable Water ManagementWaste Management and Circular Economy PracticesCorporate Governance