- Energy crisis in 2022 impacting electricity sourcing
- Climate change posing risks to market conditions, supply chains, and production
hGears AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, hGears AG disclosed greenhouse gas emissions of 11.8K tCO2e/year (2023). By scope: Scope 1: 2.3K tCO2e/year (2023); Scope 2: 2.7K tCO2e/year (2023); Scope 3: 6.8K tCO2e/year (2023). 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
11.8K tCO2e/year (2023)
2023
Renewable Energy
100% (Schramberg, 2023); 25% (Suzhou, 2023)
of total energy
Water Usage
36.4K m3/year (2023)
2023
Waste
3.7K tons/year (2023)
2023
Energy Use
136.1K GJ (2023)
2023
📊 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). | 2.3K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.7K tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 6.8K tCO2e/year (2023) |
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 | 11.8K tCO2e/year (2023) |
| 2022 | 26.3K tCO2e/year (Scope 1+2+3.1) |
| 2021 | 16.3K tCO2e (Schramberg & Padova Scope 1-3) |
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 an average of around 12.6% in 2022 and 2023
- 100% renewable electricity at the Schramberg site since January 2023
- Photovoltaic system commissioned at the Suzhou site in September 2022, generating up to 25% of its annual energy needs
- Recycling rate for residual materials at 79% in 2023
- Generated additional revenue of around EUR 800,000 from the sale of metal chips in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase renewable electricity to 100% in EU plants by 2025
- Introduce efficient environmental and energy management systems at all sites by the end of 2025
- ISO 45001 certification for Schramberg and Suzhou sites by 2025
📅 Medium-term
- Offer at least 24 hours of training per employee annually
- Reduce employee turnover significantly
🔭 Long-term
- Achieve climate neutrality in all business areas by 2050
- Permanently reuse or recycle at least 98% of waste materials by 2040
🌱 ESG Focus Areas
EnvironmentEmployee-related mattersSocial mattersRespect for human rightsCombating corruption and bribery