Annual Report And Accounts

Overview

The report describes XP Power's validated near- and long-term SBTi emissions targets, including its 2040 value-chain net-zero commitment and 2030 interim reductions. It reports Group-wide Scope 1, Scope 2 and Scope 3 emissions, a material reduction in market-based Scope 2 emissions through renewable electricity certificates, and total energy use of 14,376,017 kWh. Sustainability governance is led by the Board, Executive Leadership Team and Sustainability Council, while social reporting highlights 50% women on the Board and a workforce-wide health and safety programme.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 4 March 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status
CDP score

Materiality

Assessment
Basis

Assurance

Level
Standard
Scope
Statement included

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