- Geopolitics, energy crises and inflation
- Normalization of the effects of the pandemic and the smoother functioning of the market resulted in the de-escalation of the intense demand for technology products
Quest Holdings S.A.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Quest Holdings S.A. disclosed greenhouse gas emissions of 4.9K tCO2e (Greece and abroad). By scope: Scope 1: 1.5K tCO2e (Greece and abroad); Scope 2: 3.4K tCO2e (Greece and abroad); Scope 3: 22.3K tCO2e (ACS) + 1780 tCO2e (Uni Systems). 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
4.9K tCO2e (Greece and abroad)
2022
Renewable Energy
22% of total energy use
of total energy
Energy Use
14.0K MWh
2022
📊 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). | 1.5K tCO2e (Greece and abroad) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.4K tCO2e (Greece and abroad) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 22.3K tCO2e (ACS) + 1780 tCO2e (Uni Systems) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 9% reduction of CO2e indirect greenhouse emissions (Scope 2)
- 34.2 MW of green energy production through Renewable Energy Sources
- 35% hybrid/electric cars in the Group
- 15% of electrical energy consumption green origin certified from RES
🎯 Climate & Sustainability Targets
🔜 Short-term
- Slight increase in consolidated sales and the same or slightly higher profitability compared to 2022 from continuing activities
- Ensuring adequate cash liquidity and maintaining positive operating cash flows
- Maintaining/Increasing the numbers of 2022 in the Sales Abroad
- Assessment of development investments for the expansion of the Group's activities and infrastructure
- Expansion of activities with inorganic growth/acquisition of a majority share package in at least one company (2023-2024)
📅 Medium-term
- Reducing absolute emissions of Scope 1, 2 by 40% by 2030
- Climate neutrality by 2050
- Promoting the circular economy and eliminating the waste that can be avoided by 2025
- > 50% increase in installed MW green energy by 2025
- Connecting 15% of the variable remuneration (annual bonus) of the Group’s CEO and the main subsidiaries with ESG targets by 2025
🔭 Long-term
- Climate neutrality by 2050
🌱 ESG Focus Areas
EnvironmentOur PeopleResponsible BusinessSustainable Products