- Supply chain disruptions
- Managing the end-of-life treatment of products, particularly batteries.
- Maintaining a diverse workforce in a male-dominated industry.
ALVEST Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ALVEST Group disclosed greenhouse gas emissions of 2.1M tCO2e/year (Scope 3). By scope: Scope 1: 1.9K tCO2e/year; Scope 2: 1.1K tCO2e/year; Scope 3: 2.1M 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.
GHG Emissions
2.1M tCO2e/year (Scope 3)
2023
Renewable Energy
25% of total electricity consumption
of total energy
Water Usage
17.2K m3/year
2023
Waste
2.1K tons/year
2023
Energy Use
25.3K MWh/year
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). | 1.9K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.1M 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 | 2.1M tCO2e/year (Scope 3) |
| 2022 | 2.6K tCO2e |
| 2021 | 2.6K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased electric GSE sales to 50% of total sales in 2023.
- Customers avoided releasing over 350,000 tons of CO2e by using ALVEST Combo units.
- All manufacturing sites are ISO 14001 certified.
- Wuxi site installed 6,000 m2 of solar panels, reducing Scope 2 emissions by 163 tons of CO2e (40% reduction).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Stop producing internal combustion engine GSE by the end of 2025.
📅 Medium-term
- Increase the share of renewable energy supply contracts.
- Achieve gender diversity targets in top management.
🌱 ESG Focus Areas
Climate ChangeResponsible Resource UseHuman CapitalEthics and Compliance