ib vogt publishes detailed account of Environmental, Social and Governance (ESG) activities in first sustainability report

International renewable energy developer ib vogt is pleased to announce the release of its first Sustainability Report. The report showcases the company’s comprehensive approach to sustainability, encompassing Environmental, Social, and Governance (ESG) topics. It provides a detailed account of ib vogt’s goals, activities, and commitment to continuous improvement across all measures. The report covers ib vogt GmbH, its 32 international branches, and all projects where ib vogt has operational control from January 1, 2022, to December 31, 2022.

The Sustainability Report highlights ib vogt’s key achievements in line with its objectives, including:

  1. Net Zero: On a path to reach Net Zero, ib vogt has successfully offset the carbon footprint from different levels (scopes) of their operation. Scope 1 includes direct emissions, caused by stationary generators and company cars, scope 2 includes indirect emissions from imported heating/cooling and electricity and scope 3 includes emissions by business travel. ib vogt ensures through certified climate protection projects, that its activities and services do not contribute to the increase of carbon in the atmosphere.
  2. Supply Chain Compliance: ib vogt sponsors and actively participates in an industry-wide initiative to address human rights issues in the supply chain. The company has also implemented a robust Supply Chain Management process, subjecting all module suppliers to independent expert audits. As a result, 100% of module suppliers have been assessed and audited by independent experts.
  3. Corporate Social Responsibility (CSR): ib vogt is involved in several initiatives related to its project and operational work, aiming to benefit communities around its projects.
  4. Diversity, Equity, and Inclusion (DE&I): ib vogt is actively working towards fostering greater diversity in leadership roles, expanding and monitoring management systems systematically, and enacting a zero-tolerance policy for Health and Safety related incidents.

“We recognize that sustainability is an ongoing journey, and this report reflects how far we have come and the valuable lessons we have learned. Our next step is to leverage these findings and adopt a systematic approach to continued improvements, based on ambitious goals and targets going forward. With the support of our shareholders, DVV and DIF – who both make sustainability a key priority – we plan to continue this process annually, assessing our progress and setting new goals. This is really a team effort, and I would like to thank everyone involved for the excellent and strongly engaged participation in these initiatives. More than 700 people worldwide at ib vogt are working to advance sustainability – economic, social, and environmental well-being – while leading the way in our technologies, solutions, and markets,” said Anton Milner, CEO of ib vogt.

ib vogt is committed to adhering to key internationally acclaimed reporting guidelines and frameworks, including the Global Reporting Initiative (GRI) Sustainability Reporting Standards, the Sustainable Development Goals (SDGs) approved by the United Nations General Assembly, and the United Nations Global Compact initiative, which the company officially signed in July 2022.

The complete Sustainability Report is available online on the company’s website (www.ibvogt.com). For further information about the report or its contents, inquiries can be directed to sustainability-team@ibvogt.com.

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