AVK sustainability report 2023 with links A4 - Flipbook - Page 34
The work with EPD to support environmental
declarations for our customers has produced
its first output. In April 2023, AVK International
had the first EPD approved by a third party
(certification).
These environmental declarations will document
the impact of the products on the environment,
including emissions from transportation and
internal manufacturing processes.
Several companies in the AVK Group are in the
process of preparing LCAs and EPDs, and going
forward we will follow up on global projects.
By implementing measurements at the start
of 2023/24, we will be able to continuously
monitor the number of EPDs available.
Energy consumption
The charts below show the AVK Group’s
consumption of water and electricity over the
last four years.
Our total electricity consumption has been
reduced in 2022/23, and the overall electricity
index shows a 13.7% reduction compared to
last year. AVK is still working on an optimisation
and energy efficiency process, and we are
working on converting to renewable energy
sources and self-generated electricity via solar
cells, wherever possible.
Environmental data (consumption) - Electricity
MWh per DKK million (turnover)
15.10
13.41
13.36
11.52
Overall, water consumption has been reduced
in the AVK companies. The water consumption
index shows a reduction of 7.97% compared
to last year. We strive to keep our water
consumption to a minimum.
In the coming years, we are committed to
lowering water consumption, with special
attention to countries with scarce water
resources and AVK companies with high water
consumption.
Due to the comparison with the AVK Group’s
external revenue, environmental data is
positively affected by the general inflation on,
for example, raw materials. This is the case
because the AVK Group’s revenue increase is
due to inflation rather than a real increase in
activity.
See Figure 1 and Figure 2
2019/20
2020/21
2021/22
2022/23
Figure 1
Increased use of green energy sources
Green electricity and solar panels remain a
focal part of our climate strategy to reduce our
carbon footprint, especially in countries where
the public energy supply is primarily based on a
high proportion of fossil fuels.
Environmental data (consumption) - Water
M³ per DKK million (turnover)
24.10
22.00
22.84
21.02
Currently, the share of green electricity
generated from renewable energy sources
accounts for 28.5% of the AVK Group’s total
energy consumption. In our efforts to reduce
CO2 emissions, we will purchase as well as
produce green electricity ourselves. Some of
our companies, such as Furnes Jernstøperi,
AVK Armaturen and Wouter Witzel EuroValve,
already use 100% green electricity.
Investments and installations of solar cell
systems at AVK companies are ongoing, and it
remains part of our climate strategy to install
solar cell systems on our factory sites wherever
possible. By the end of 2022/23, around 2% of
our electricity will come from our own installed
solar cell systems, and in general, the share of
green electricity from solar cell is increasing.
To continue this development and reach our
climate goals, AVK has in 2022/23 built and
commissioned solar cell systems on the roofs of
several production units, including at Interapp in
Spain and AVK UK in Staveley, England. These
two plants alone are expected to produce 190
MWh and 220 MWh of renewable electricity
annually. Likewise, solar panels have been
installed on the roof of the new AVK Holding
headquarters in Galten, Denmark.
However, the full impact of these systems and
others installed in 2022/23 will only be visible
in the 2023/24 energy report. Further solar
projects and the installation of additional solar
panels are planned for 2023/24.
In addition to solar energy, AVK has installed
charging stations for electric cars, electric
bikes, and electric scooters, which is a growing
trend in both Europe and Asia.
Electric cars as company cars
It is our ambition to reduce the total amount of
environmentally harmful emissions, including
CO2 and particles in our car fleet. At the
same time, we strive for an optimal operating
economy for the car fleet.
In 2023/24, we will implement a company
car policy, which means that from 2025 we
2019/20
2020/21
2021/22
Figure 2
34 | AVK Sustainability report 2022/2023
2022/23