SFC Energy Publishes First Audited VSME ESG Report, Establishing New Transparency Standard for Clean Energy Sector
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.
Found this article helpful?
Share it with your network and spread the knowledge!
SFC Energy AG, a leading provider of fuel cells for stationary, portable, and mobile hybrid power solutions, has published its first audited Sustainability Report for the 2024 financial year, marking a significant advancement in corporate transparency within the clean energy sector. The report, independently audited by PwC with limited assurance, represents a key milestone in SFC's sustainability journey and underscores the company's commitment to credible, transparent, and responsible business practices.
The company stands among early adopters of the Voluntary Sustainability Reporting Standard for non-listed micro-, small-, and medium-sized undertakings (VSME), a framework officially recommended by the European Commission for enterprises not yet subject to EU mandatory sustainability reporting regulations. This voluntary adoption signals SFC's strong commitment to transparency, competitiveness, and sustainable growth while addressing frequent stakeholder inquiries about environmental, social, and governance performance.
The inaugural Sustainability Report features a CSRD-aligned double materiality assessment conducted through comprehensive value chain analysis, identifying the material ESG topics most relevant to long-term value creation and societal impact at SFC. The report also discloses Scope 1, 2, and 3 greenhouse gas emissions, forming the foundation for SFC's science-based climate targets and providing stakeholders with structured, comparable ESG disclosures that demonstrate measurable progress in sustainability performance.
Daniel Saxena, CFO of SFC Energy AG, emphasized the strategic importance of this initiative, stating that the publication of the audited Sustainability Report, combined with early adoption of the voluntary framework, demonstrates the company's strong commitment to sustainability and ESG reporting. Following the company's 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 full VSME ESG Report 2024 is available at https://www.sfc.com, providing comprehensive insights into the company's sustainability performance and strategic direction. This development is particularly significant for investors, regulators, and industry partners seeking reliable ESG data from clean technology companies, as it establishes a new benchmark for voluntary sustainability reporting in the sector and demonstrates how companies can proactively address environmental accountability ahead of regulatory requirements.
Curated from NewMediaWire
