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Absolar Solutions Limited's Climate Report

Submitted on 2025-03-19

Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 3.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 12.2023 to 11.2024

1.2 Describe your business activities

*
Solar PV installation and management, software development and AI-algorithm training.

1.4 Number of employees in the reporting year

*
10

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2035

2.1.1 Base year

*
2024

2.2 Near-term target

*

60% of absolute scope 1+2 emission reduction from my base year by 2030

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
3560 kwh

3.3 Renewable energy

*
1400 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
8.48 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
0.51 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Switch to electric commercial fleet and plant (cars already wholly electric). Increase self-generated renewable energy to 80%.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
kWh and fuel demands taken from invoices accounted for during the year on an accruals basis. Expenses records utilised for vehicle movements.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
Yes

5.2 What percentage of your total revenue comes from sales of climate solutions?

*
90 %

5.3 Provide descriptions/names of your climate solutions:

*
Solar PV

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
Senior Director, resposible for setting policy reviewing actions quarterly.

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Value Chain

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We\'ve Identified plans for adaptation to mitigate these risks

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Begun implementing recycling strategies

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
2024 was a year of rapid growth for the company but was carried out in an emissions sypmathetic way.

7.2 Do you face any key challenges in reducing emissions?

*

Limited control over energy use in buildings,Electrifying the vehicle fleet and/or cutting transport emissions

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

Absolar Solutions Limited's Climate Report

Absolar Solutions Limited's Climate Report - 2022

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 12.2023 to 11.2024

1.2 Describe your business activities

*
Solar PV installation and management, software development and AI-algorithm training.

1.4 Number of employees in the reporting year

*
10

1.4.1 Full-time equivalent (FTE) or headcounts

*
Full-time equivalent

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2035

2.1.1 Base year

*
2024

2.2 Near-term target

*

60% of absolute scope 1+2 emission reduction from my base year by 2030

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
3560 kwh

3.3 Renewable energy

*
1400 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
8.48 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
0.51 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
Switch to electric commercial fleet and plant (cars already wholly electric). Increase self-generated renewable energy to 80%.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
kWh and fuel demands taken from invoices accounted for during the year on an accruals basis. Expenses records utilised for vehicle movements.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
Yes

5.2 What percentage of your total revenue comes from sales of climate solutions?

*
90 %

5.3 Provide descriptions/names of your climate solutions:

*
Solar PV

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
Senior Director, resposible for setting policy reviewing actions quarterly.

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Value Chain

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve mapped the impact of our climate risks over time (short, medium and long term horizons),We\'ve assessed these risks against revenue of the company,We\'ve Identified plans for adaptation to mitigate these risks

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Begun implementing recycling strategies

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
2024 was a year of rapid growth for the company but was carried out in an emissions sypmathetic way.

7.2 Do you face any key challenges in reducing emissions?

*

Limited control over energy use in buildings,Electrifying the vehicle fleet and/or cutting transport emissions

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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