- Global economic downturn and energy market volatility
- Increased competition in the regulatory market
- High staff turnover at FE-GROUP (58%)
- Data limitations or exclusions in some metrics
- Finding and retaining skilled workers
- Delays in construction works for electric car chargers
ALTEO Energiaszolgáltató Nyilvánosan Működő Részvénytársaság
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ALTEO Energiaszolgáltató Nyilvánosan Működő Részvénytársaság disclosed greenhouse gas emissions of 308.2K tCO2e (Scope 3). By scope: Scope 1: 133.4K tCO2e; Scope 2: 3.0K tCO2e; Scope 3: 308.2K tCO2e. 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
308.2K tCO2e (Scope 3)
2023
Renewable Energy
54% (power plants)
of total energy
Water Usage
3.5M m3 (ALTEO owned)
2023
Waste
2.1K tons (non-hazardous ALTEO)
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). | 133.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.0K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 308.2K tCO2e |
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 | 308.2K tCO2e (Scope 3) |
| 2022 | 126.0K tCO2e/year (Scope 1 & 2); 379861.2 tCO2e/year (Scope 3) |
| 2021 | 330.0K tCO2e/year (Scope 1 2 and 3) |
| 2020 | 229.2K tCO2e/year |
| 2019 | 224.5K tonnes CO2e |
| 2018 | 212.8K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Scope 3 emissions down 19% compared to 2022
- Direct GHG emissions increased only slightly by 6%, while indirect "Scope 2" emissions decreased by 11% in 2023 compared to the previous year.
- Successfully introduced ISO 27001:2022 Information Security Management Systems
- 3 years accident-free (no serious work accidents)
- Significant reduction in water consumption at Sopron site due to investment projects
- FE-GROUP: 85.7% of waste received was successfully returned into the cycle of production.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025
- Increase renewable energy production management from 15% to 25% by 2025
- Install 500 electric car chargers by 2023 (target achieved in terms of orders)
📅 Medium-term
- Achieve 30% renewable energy by 2030
- Establish electric car charging infrastructure on Company sites by 2030
- Achieve an operational waste recycling rate of at least 50% by 2030
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate change mitigationClimate change adaptationEnergyAir pollutionWater pollutionBiodiversityCircular EconomyWorking conditionsCorporate governanceResponsible procurementCorruption and briberyProcess safetyInnovation