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SFC Energy Publishes First Audited Sustainability Report Following VSME Framework

By Burstable Editorial Team

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 Publishes First Audited Sustainability Report Following VSME Framework

SFC Energy AG has published its first audited Sustainability Report for the 2024 financial year, marking a significant milestone in the company's sustainability journey. The report received independent audit verification from PwC with limited assurance, representing SFC Energy's strong commitment to credible, transparent, and responsible business practices. This inaugural report adopts the Voluntary Sustainability Reporting Standard for non-listed micro-, small-, and medium-sized undertakings (VSME), positioning SFC among early adopters of this European Commission-recommended framework for enterprises not yet subject to mandatory EU sustainability reporting regulations.

The comprehensive report features a CSRD-aligned double materiality assessment conducted through detailed value chain analysis, identifying the material ESG topics most relevant to SFC's long-term value creation and societal impact. This structured approach provides comparable ESG disclosures that demonstrate measurable progress in sustainability performance while addressing frequent stakeholder inquiries about the company's environmental and social governance practices. The report also discloses Scope 1, 2, and 3 greenhouse gas emissions, establishing the foundation for SFC's science-based climate targets and future environmental performance tracking.

Daniel Saxena, CFO of SFC Energy AG, emphasized the strategic importance of this initiative, stating that the publication demonstrates the company's strong commitment to sustainability and ESG reporting. Following the corporate vision of 'Clean Energy for generations. Anytime, anywhere,' SFC 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 collection processes, operational procedures, and performance targets to drive measurable improvements across all ESG dimensions.

The adoption of the VSME framework signals SFC Energy's proactive approach to transparency, competitiveness, and sustainable growth in the clean energy sector. As a leading provider of fuel cells for stationary, portable, and mobile hybrid power solutions, this comprehensive reporting demonstrates how sustainability integration supports the company's position in serving high-growth markets including security, defense, infrastructure, IT and high-tech industrial equipment. The full VSME ESG Report 2024 is accessible through the company's official website at https://www.sfc.com, providing stakeholders with detailed insights into SFC's sustainability performance and future commitments.

Curated from NewMediaWire

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Burstable Editorial Team

Burstable Editorial Team

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