Gren has completed its first ESG report. In the ESG report 2023, we describe our achievements and commitment to environmental, social, and governance sustainability and our ESG strategy themes and drivers.

As a company committed to generating sustainable energy from local renewables, waste, and excess heat, Gren plays a significant role in decarbonizing the energy sector.

Our people and strong safety performance are the cornerstones of our success, enabling us to operate effectively and make meaningful contributions to a more sustainable future. We are committed to the transition toward a low-carbon future and invest in the resilience to potential disruption in the energy market.

We will continue collaborating on decarbonization projects with public and private industry partners and working towards our ESG goals. At the same time, we will focus on developing our employees’ skills and nurturing expertise as the organization grows.

Gren ESG Report 2023 covers business and strategy, how Gren creates value, and the environmental, social, and governance (ESG) targets, KPIs, and actions.

Environmental reporting includes how we are committed to environmental protection, promoting responsible use of natural resources, and mitigating the adverse effects of our operations.

Through our services, we assist customers in reducing their environmental footprint.  Gren reports GHG emissions following the Greenhouse Gas Protocol by the World Business Council for Sustainable Development (WBCSD). Gren generates greenhouse gas emissions in its operations (Scope 1 and Scope 2) and throughout its value chain (Scope 3).

We have embarked on the first steps toward conducting a double materiality assessment in 2023, aligning with the Corporate Sustainability Reporting Directive (CSRD) and adhering to the reporting standards outlined in the European Sustainability Reporting Standards (ESRS). The results of this assessment will be finalized in 2024.

The report covers our operations in Estonia, Latvia, Lithuania, and the UK.