SFC Energy Publishes First Audited VSME ESG Report, Reinforcing Sustainability Commitment
TL;DR
SFC Energy AG's audited sustainability report provides a competitive edge by demonstrating ESG transparency that appeals to investors and meets regulatory standards ahead of requirements.
SFC Energy AG's report follows the VSME framework with PwC-audited ESG disclosures, including Scope 1-3 emissions and science-based climate targets for measurable sustainability progress.
SFC Energy AG's sustainability commitment advances clean energy access worldwide, creating long-term value for stakeholders while driving responsible business practices for future generations.
SFC Energy AG pioneered voluntary VSME reporting with independent PwC audit, making them early adopters of structured ESG disclosures beyond mandatory requirements.
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SFC Energy AG announced the publication of its first audited Sustainability Report for the 2024 financial year, marking a significant milestone in the company's sustainability journey. The report, which received independent limited assurance from PwC, represents SFC Energy's commitment to credible and transparent business practices while positioning the company as an early adopter of the Voluntary Sustainability Reporting Standard for non-listed micro-, small-, and medium-sized undertakings (VSME).
The adoption of the VSME framework, officially recommended by the European Commission for enterprises not yet subject to EU mandatory sustainability reporting regulations, signals SFC Energy's proactive approach to sustainability reporting. This framework provides structured and comparable ESG disclosures that enable stakeholders to assess the company's measurable progress in environmental, social, and governance dimensions. The comprehensive report addresses frequent stakeholder inquiries about the company's sustainability performance and demonstrates SFC Energy's dedication to maintaining competitiveness through responsible growth strategies.
The inaugural Sustainability Report features a CSRD-aligned double materiality assessment conducted through value chain analysis, identifying material ESG topics most relevant to long-term value creation and societal impact. This approach ensures that the company focuses on sustainability issues that matter most to both business performance and broader societal concerns. The report also discloses Scope 1, 2, and 3 greenhouse gas emissions, forming the foundation for SFC Energy's science-based climate targets and providing a baseline for future emissions reduction initiatives.
Daniel Saxena, CFO of SFC Energy AG, emphasized the significance of this development, stating that the publication demonstrates the company's strong commitment to sustainability and ESG reporting. Following the company's vision of 'Clean Energy for generations. Anytime, anywhere,' SFC Energy aims to lead by example in driving sustainable growth with accountability while creating long-term value for all stakeholders. The company views sustainability as a continuous journey, with ongoing refinement of data, processes, and targets to drive measurable improvements across all ESG dimensions.
The full VSME ESG Report 2024 is available at https://www.sfc.com, providing comprehensive insights into SFC Energy's sustainability performance and strategic direction. This development represents an important step forward in corporate transparency and sets a benchmark for other small and medium-sized enterprises considering voluntary sustainability reporting. The independent audit by PwC adds credibility to the disclosures and reinforces SFC Energy's position as a responsible corporate citizen in the clean energy sector.
Curated from NewMediaWire
