SFC Energy AG, a leading provider of fuel cells for stationary, portable, and mobile hybrid power solutions, announced today the publication of its first audited Sustainability Report for the 2024 financial year. The report, independently audited by PwC with limited assurance, represents a key milestone in the company's sustainability journey and underscores its commitment to credible, transparent, and responsible business practices.
SFC Energy is among the early adopters of the Voluntary Sustainability Reporting Standard for non-listed micro-, small-, and medium-sized undertakings (VSME), which was officially recommended by the European Commission for enterprises not yet subject to EU mandatory sustainability reporting regulations. By adopting this framework, SFC Energy signals strong commitment to transparency, competitiveness, and sustainable growth.
The inaugural Sustainability Report features a CSRD-aligned double materiality assessment conducted through a value chain analysis, identifying the material ESG topics most relevant to long-term value creation and societal impact at SFC. It also discloses Scope 1, 2, and 3 greenhouse gas emissions, forming the basis for SFC's science-based climate targets. The company views sustainability as a continuous journey, with ongoing refinement of data, processes, and targets to drive measurable improvements across all ESG dimensions.
Daniel Saxena, CFO of SFC Energy AG, stated: "The publication of our first audited Sustainability Report, together with our early adoption of this voluntary framework, demonstrates our strong commitment to sustainability and ESG reporting. Following our vision 'Clean Energy for generations. Anytime, anywhere.', we are determined to lead by example, driving sustainable growth with accountability while creating long-term value for all our stakeholders."
The full VSME ESG Report 2024 is available at sfc.com.
