Report results - SME Climate Hub

AMPECO's Climate Report

Submitted on 2024-06-11

1.1 Reporting year*

2023

1.1.1 Reporting period*

from 1.2023 to 12.2023

1.2 Describe your business activities*

1.4 Number of employees in the reporting year*

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*

Parent company

2.1 Net zero target year*

2030

2.1.1 Base year*

2022

2.2 Near-term target*

50% of absolute scope 1+2 emission reduction from my base year by 2025

2.3 Provide any additional comments or context on your net zero and near term targets.*

Goal 1: Become a net-zero business by 2030 Goal 2: Reduce AMPECO’s operational (Scope 1 & 2) emissions by 50% by 2025 compared to 2022

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*

29170 kwh

3.3 Renewable energy*

0.0 kwh

Scope 1 emissions

3.4 Scope 1 emissions*

1.26 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions*

19.23 metric tons CO2e

3.6 Market based scope 2 emissions*

19.23 metric tons CO2e

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

- We provide EVs to our employees for commuting and travel - We plan to buy renewable energy - We have moved into a new EDGE-certified and more energy efficient office building to cut our energy use

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

Our 2023 emissions were recalculated in 2024 with Plan A's carbon accounting tool and in accordance with the Greenhouse Gas Protocol. The geographic scope of the carbon accounting process includes our site in Sofia, Bulgaria, which is by far the biggest among all our locations.

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

Yes

4.1.1 Total scope 3 emissions*

450.64 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services*

262.35 metric tons CO2e

4.1.3 Capital goods*

4.1.4 Fuel and energy related activities*

4.26 metric tons CO2e

4.1.5 Transportation and distribution (upstream)*

4.1.6 Waste in operations*

0.32 metric tons CO2e

4.1.7 Business travel*

112.68 metric tons CO2e

4.1.8 Employee commuting*

28.71 metric tons CO2e

4.1.9 Leased assets (upstream)*

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)*

4.1.11 Processing of sold products*

4.1.12 Use of sold products*

42.32 metric tons CO2e

4.1.13 End-of-life treatment of products*

4.1.14 Leased assets (downstream)*

4.1.15 Franchises*

4.1.16 Investments*

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?*

Yes

- Business travel: Move towards travelling by train instead of flying, where possible - Employee commute: Encourage bike to work and public transportation - Product use: Work with internal software development teams and data center service providers to reduce emissions related to our data center usage - Engage 20% of suppliers by spend to report on emissions and set climate targets by 2025 Learn more in our Climate Transition Plan, the first version of which we published in May 2024: www.ampeco.com/ctp

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

4.2.1 What percentage of your suppliers have you asked?*

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

Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.*

Our 2023 emissions were recalculated in 2024 with Plan A's carbon accounting tool and in accordance with the Greenhouse Gas Protocol. The geographic scope of the carbon accounting process includes our site in Sofia, Bulgaria. The Purchased Goods and Services category represents 80% of our supplier spend in EUR.

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?*

100 %

5.3 Provide descriptions/names of your climate solutions:*

The AMPECO product is uniquely positioned as an enabler in the rapidly growing EV charging ecosystem. The transition towards emission-free mobility requires adequate charging infrastructure, underpinned by comprehensive software that serves EV drivers, businesses and grids. AMPECO’s cloud platform for EV charging powers more than 95,000 charging points as of December 2023 and in turn enables hassle-free charging for thousands of customers across all EV charging use cases - at or near homes, at the workplace, or in the public domain. Our software is already among the most efficient solutions in the EV charging ecosystem, from the point of view of materialising infrastructure functionalities that contribute to emissions reduction in our industry. We have indirectly offset 47,000 tonnes of CO2 equivalent by enabling EV charging with our software and in turn rendering fuel-guzzlers obsolete.

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*

None

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

Governance process in place

6.1 Explain*

6.1.1 Please describe their position and responsibility.*

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

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?*

Both operations and value chains

6.2.1 Explain*

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)

6.2.2 Explain*

6.2.3 Provide any additional comments or context on your climate risks:*

Our biggest climate risks identified so far are: - Increased energy needs of our operations - higher temperatures mean higher demand for cooling. - More severe weather anomalies mean increased risk for the health and safety of our employees. - AMPECO suppliers unprepared for a climate transition in time to support our climate goals - AMPECO operations not ready to support our climate transition plan in time Please learn more in AMPECO's Climate Transition Plan, available here: www.ampeco.com/ctp

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

Yes

Yes, in 2024 we published our formal Sustainability Strategy, where Climate as one of the three pillars. Learn more at: www.ampeco.com/sustainability-strategy

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

Yes

Through AMPECO's product, see the "Climate Solutions" section of this report for more details.

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

Please find detailed descriptions of the trends in our GHG emissions between 2022 and 2023 on page 16 in AMPECO's 2023 Sustainability Report found at: www.ampeco.com/sustainability-report

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 3 emissions, Balancing emission reductions with business growth, Complexities in managing supply chain emissions, Slow societal and economic progress on climate action, Insufficient policies or government incentives, Inaccurate or insufficient data, Limited influence over suppliers

Specify other challenges*

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

Yes

All GHG emissions data shown in this report is verified by Plan A. Their methodology is certified by TÜV Rheinland in accordance with the Greenhouse Gas Protocol, scientifically based and reflecting the state of the art.

1.1 Reporting year*

2023

1.1.1 Reporting period*

from 1.2023 to 12.2023

1.2 Describe your business activities*

1.4 Number of employees in the reporting year*

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*

Parent company

2.1 Net zero target year*

2030

2.1.1 Base year*

2022

2.2 Near-term target*

50% of absolute scope 1+2 emission reduction from my base year by 2025

2.3 Provide any additional comments or context on your net zero and near term targets.*

Goal 1: Become a net-zero business by 2030 Goal 2: Reduce AMPECO’s operational (Scope 1 & 2) emissions by 50% by 2025 compared to 2022

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*

29170 kwh

3.3 Renewable energy*

0.0 kwh

Scope 1 emissions

3.4 Scope 1 emissions*

1.26 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions*

19.23 metric tons CO2e

3.6 Market based scope 2 emissions*

19.23 metric tons CO2e

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

- We provide EVs to our employees for commuting and travel - We plan to buy renewable energy - We have moved into a new EDGE-certified and more energy efficient office building to cut our energy use

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

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?*

Yes

4.1.1 Total scope 3 emissions*

450.64 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services*

262.35 metric tons CO2e

4.1.3 Capital goods*

4.1.4 Fuel and energy related activities*

4.26 metric tons CO2e

4.1.5 Transportation and distribution (upstream)*

4.1.6 Waste in operations*

0.32 metric tons CO2e

4.1.7 Business travel*

112.68 metric tons CO2e

4.1.8 Employee commuting*

28.71 metric tons CO2e

4.1.9 Leased assets (upstream)*

Customer related - downstream emissions

4.1.10 Transportation and distribution (downstream)*

4.1.11 Processing of sold products*

4.1.12 Use of sold products*

42.32 metric tons CO2e

4.1.13 End-of-life treatment of products*

4.1.14 Leased assets (downstream)*

4.1.15 Franchises*

4.1.16 Investments*

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?*

Yes

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

4.2.1 What percentage of your suppliers have you asked?*

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

Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.*

Our 2023 emissions were recalculated in 2024 with Plan A's carbon accounting tool and in accordance with the Greenhouse Gas Protocol. The geographic scope of the carbon accounting process includes our site in Sofia, Bulgaria. The Purchased Goods and Services category represents 80% of our supplier spend in EUR.

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?*

100 %

5.3 Provide descriptions/names of your climate solutions:*

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*

None

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

Governance process in place

6.1 Explain*

6.1.1 Please describe their position and responsibility.*

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

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?*

Both operations and value chains

6.2.1 Explain*

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)

6.2.2 Explain*

6.2.3 Provide any additional comments or context on your climate risks:*

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

Yes

Yes, in 2024 we published our formal Sustainability Strategy, where Climate as one of the three pillars. Learn more at: www.ampeco.com/sustainability-strategy

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

Yes

Through AMPECO's product, see the "Climate Solutions" section of this report for more details.

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

Please find detailed descriptions of the trends in our GHG emissions between 2022 and 2023 on page 16 in AMPECO's 2023 Sustainability Report found at: www.ampeco.com/sustainability-report

7.2 Do you face any key challenges in reducing emissions?*

Specify other challenges*

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

Yes

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