infinite power for all of us

Sustainability at neoom

At neoom we have big ambitions to drive the energy transition forward - because together with our customers and partners we want to save a gigaton of CO2 equivalents! And we are already well on our way.

Curious about what we are doing or seeking inspiration?
Then find out more about our path to sustainability in our Sustainability Whitepaper!

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Energy transition

Change for our future

Every day, neoom is working towards a sustainable energy future. The biggest lever in the fight against the climate crisis is to harness energy from renewable sources.
Decentralised renewable energy makes this possible:

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Reduction of Greenhouse Gases

Cleaner air through reduced emissions from electricity production

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Democratizing Energy Supply

Many people benefit from generating and using their own electricity

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Building Resilient Power Grids

Minimizing energy loss during transport across the power grid

Energy transition

We have the solutions

Over two-thirds of European greenhouse gas emissions stem from the use of fossil fuels for electricity, heat and transportation. For the largest share of these challenges market-ready renewable energy solutions already exist.

At neoom, we work every day to achieve an impact with our products.

Climate action is important to us - also as a company! That is why, in 2021, we started to calculate neoom's carbon footprint, implementing reduction strategies, and investing in climate protection projects and innovative technologies to reduce CO2. We emphasize transparency by disclosing in which areas of the company (scopes) emissions occur and our measures to mitigate them.

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Energy transition

360° Climate protection

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Market

neoom's field of activity covers the energy transition, decentralisation, renewable energy and e-mobility.

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The company

Since 2021, neoom's emissions are being calculated annually and investments into climate protection projects are made.

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Goal

Infinite power for all of us. neoom's goal: to save 1 gigaton of CO2 together with customers and partners.

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Products

neoom's hardware & software solutions reduce emissions for our customers.

Find out more now about
our path to sustainability


Find out in our new whitepaper:

  • Why digitalisation and sustainability go hand in hand
  • How your company can also make an important contribution
  • Why sustainability should not just be seen as an ‘add-on’

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neoom becomes the first gigacorn

Our Ambition: Becoming the First Gigacorn

How? By saving one gigaton of CO2 together!
We want to realise this on 2 levels:

  • Company-Level Initiative: measuring and communicating our CO2 emissions as a company and investing in high-quality climate projects.
  • Customer Support: Helping our customers to reduce emissions through solar power storage solutions and digital services.

By saving one gigaton of CO2, neoom would help to reduce the equivalent of 25% of the EU's annual emissions.

We firmly believe that achieving this ambitious goal requires neoom to lead by example, demonstrating how sustainability can be seamlessly integrated into business models. By inspiring our partners and customers to do the same, we can achieve this gigantic goal together!

Gigacorn

How much is a gigaton of CO2?

It is virtually impossible to imagine a gigaton.
However, here is an attempt to make this figure tangible: One gigaton is 1,000,000,000 tons of CO2.
Currently, roughly 55 gigatonnes of CO2 equivalents are emitted globally every year. The EU's share of global emissions is around six per cent.

One gigaton would correspond to 25 per cent of the EU's annual greenhouse gas emissions.

Saving one gigaton of CO₂ is equivalent to 1.5% of the EU’s emissions by 2040—a significant contribution to global climate efforts.

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Saving 1 gigaton of CO2

the journey towards becoming a gigacorn

To turn our ambitious vision of becoming a gigacorn into reality, we have established the following objectives:

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Corporate Carbon Footprint

Since 2021, neoom has been calculating its corporate carbon footprint annually allowing us to identify the sources of our emissions.

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neoom's commitment to the environment

Scope 1 and 2 emissions as well as chosen Scope 3 emissions are offset by ambitious climate protection projects.

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Evaluating product emissions

Since 2023, neoom battery storage solutions have been included in our carbon accounting.

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Service and support

Customized support and repair services ensure long-lasting customer satisfaction and extend the lifespan of our products.

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Responsible use of resources

neoom offers durable and safe products with high recycling potential and collaborates with partners to keep resources in the cycle.

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neoom Gigacorn

neoom works with customers & partners daily to maximize CO₂ savings, aiming to collectively avoiding 1 gigaton of CO₂ emissions in the future.

Sustainability strategy

Only what’s measured gets managed!

Our sustainability strategy is based on three pillars:
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measure

  • neoom corporate carbon footprint accounting
  • Measure product carbon footprint
  • Identify potential savings with neoom products
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reduce

  • Implement strategic carbon reduction measures
  • Engage and train employees in sustainability efforts
  • Collaborate with the supply chain
  • Avoid greenwashing through clear communication
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compensate

  • Supporting international CO2 reduction & avoidance projects aligned with the UN Sustainable Development Goals (SDGs) 
  • Click here for the international climate protection projects that neoom supports

Corporate Carbon Footprint

What is the carbon footprint?

Many companies are already proudly promoting their sustainability efforts, and the concept of the corporate carbon footprint is widely discussed.

The corporate carbon footprint represents the total greenhouse gas emissions produced by a company in one year, expressed in CO₂ equivalents. Although calculating this footprint is currently voluntary, it serves as a valuable tool for identifying the primary sources of emissions within a company.
However, the level of detail in calculating the corporate carbon footprint varies, depending on the factors included in the assessment.

neoom has opted for a comprehensive approach that includes emissions from all three scopes (the major categories in the calculation).

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Corporate Carbon Footprint

How is the Corporate Carbon Footprint calculated?

The corporate carbon footprint is a calculated figure that quantifies the greenhouse gas emissions produced by a company’s business activities and the contribution those emissions make to global warming. The various greenhouse gases defined in the Kyoto Protocol are converted into so-called CO2 equivalents. For example, the CO2 equivalent of methane is 28, as it contributes 28 times more to global warming than CO2.

The basis for calculating the corporate carbon footprint is the Greenhouse Gas Protocol, which categorizes the different aspects of business activity into three scopes, defines global minimum standards and establishes guidelines for comprehensive calculations.

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Calculating the CO2 footprint

The result is broken down into 3 scopes, with indirect emissions accounting for the largest share at neoom with over 95%. Indirect emissions like these are often not yet assessed by other companies.

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Corporate Carbon Footprint

We have been calculating the corporate carbon footprint since 2021.
In 2023, we fully evaluated the CO2 emissions of the neoom supply chain for the first time, including aspects such as purchased goods, logistics and warehouses used by neoom.
The majority of our emissions fall under Scope 3, primarily due to the energy-intensive manufacturing of our products, such as photovoltaic modules and battery storage systems. In comparison,Scope 1 and 2 emissions are significantly lower and have already been substantially reduced in recent years.

Although our overall solutions have a significant carbon footprint during production, they result in far greater CO₂ savings over their lifetime.

From 2019 to 2023, neoom’s solutions already saved more CO2 than they generated, and the savings continue to grow each year as our solar storage power plants are used.

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For most calculations, only Scope 1 and Scope 2 emissions are mandatory.
This does not go far enough, as Scope 3 can account for up to 90% or more of actual emissions for many companies, including neoom.

Example of CO2 savings

PV system: 10 kWpeak
neoom solar battery storage: 9.6 kWh

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Reducing the CO2 footprint

The primary goal is always to reduce emissions, as it is the only way to make a significant contribution to a sustainable climate future. neoom achieves this primarily through the sale of intelligent solar storage power plants.

Even without a green business model, every company should begin by reducing emissions at its business locations, in its vehicle fleet and during business travel. The next step is to reduce supply chain emissions through collaboration with partners.

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Measures to reduce our footprint

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neoom favors locations with good public transport connections and promotes sustainable building certifications as well as its own electricity production from renewable energies wherever possible:
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Headquarter Free City - Austria
ÖGNI Platinum + Klimaaktiv Gold certified, neoom solar storage power plant + e-mobility hub
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THE ICON VIENNA - Austria
LEED Platinum certified building at Vienna Central Station and is one of only 14 buildings in Austria that meet the highest internationally established sustainability standard
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Designoffices Nürnberg - Germany
Climate-neutral shared office near Nuremberg main train station
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neoom Rotkreuz - Switzerland
5-minute walk from the railway station, own PV system + charging stations
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neoom vehicle fleet
Transition to 100% e-mobility by 2030 - 85% of the neoom fleet is already electric. In 2023, an impressive 2 million kilometres were driven in EVs
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Employee mobility
Employees travelled approx. 200,000 kilometres on neoom business trips by train or other public transport in 2023
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Home office
In addition, extensive home office options and digital working mean that unnecessary business trips are avoided

neoom is committed to the sustainable use of resources and supports products throughout their entire life cycle.

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Products
neoom focuses on high-quality, safe products with a long service life and therefore uses lithium iron phosphate technology for its batteries
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Repair
In the event of damaged hardware, neoom supports our customers by first focussing on repair and spare parts instead of immediately replacing the entire product
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Support for climate protection projects

Some emissions cannot be completely avoided, which is why we believe it is important to invest in climate protection projects.
Our focus is not on offsetting our emissions at the lowest cost, but on actively supporting a broad and diversified portfolio of projects that contribute to CO2 avoidance and removal worldwide.

For our direct emissions (Scope 1 & 2), we make targeted investments in high-quality carbon removal projects that permanently remove CO2 from the atmosphere.
Regarding operational Scope 3 emissions - categories such as business travel, employee mobility and external data centres - we support projects that prevent and reduce CO2 emissions.

Our portfolio aligns with the UN Sustainable Development Goals and includes a variety of projects that both reduce emissions and promote sustainable development.

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Recycling of batteries

We ensure that the batteries we bring to the market are properly disposed of and recycled by paying recycling fees as part of our extended producer responsibility. In the DACH region, end-users can return their neoom storage system to designated collection points free of charge at the end of their service life. Our recycling partners comply with national battery regulations and ensure that all processes, from transportation to storage, and recycling, are carried out safely and in compliance with the law. Scientific advancements have managed to increase the recycling rate for battery cells to over 90% with recycling rates of at least 50% also being achieved in practice.

CSRD Compliance

EU Corporate Sustainability Reporting Directive: the first steps

In 2024, neoom has already taken the first steps to meet the requirements of the new EU legislation - well before the company is required to submit a report.

The CSRD tightens and standardises sustainability reporting obligations across Europe following the European Sustainability Reporting Standards (ESRS). In addition to the corporate carbon footprint, the CSRD also includes social aspects, circular economy regulations and corporate governance issues.

neoom's sustainability department is working continuously to implement the new Directive, ensuring that all necessary information for reporting in 2026 is readily available.

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Cooperation

At eye level with our sustainable partners

neoom is committed to turning the energy transition into reality and addressing the climate crisis.
Achieving this goal demands collaboration across various fields, driving continuous advancements in sustainability.

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Climeworks

neoom is proud to collaborate with Climeworks, an innovative company pushing the boundaries of what's possible in climate action. By using cutting-edge technology, Climeworks helps reverse previously released emissions, taking climate efforts beyond conventional limits. While neoom's primary focus remains on reducing emissions, some are unavoidable. Through Climeworks' Direct Air Capture technology, a portion of this CO₂ is directly removed from the atmosphere and permanently stored in stone, offering a powerful solution for long-term carbon removal.

 

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ClimatePartner

To measure its corporate carbon footprint, neoom has partnered with ClimatePartner. This collaboration ensures adherence to the GHG Protocol standards, guaranteeing the highest level of accuracy in the processing of CO2 emissions data. neoom values this long-standing partnership and appreciates ClimatePartner's commitment to continuously improving carbon accounting practices.

 

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Recycling partnerships in DACH

neoom collaborates with trusted partners across Austria (Elektro Recycling Austria), Germany (hpm and GRS), and Switzerland (Sens eRecycling and Inobat) to ensure that our PV modules, battery storage systems and other electric devices are properly recycled at the end of their lifetime. By adhering to the highest safety standards and utilizing state-of-the-art recycling technologies, our partners consistently meet or exceed legal recycling requirements. Efficient collection, disposal, and recycling processes are made possible through these reliable partnerships. We remain committed to maintaining transparency throughout the entire end-of-life cycle.

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Installation Partners

Our installation partners play a key role in delivering neoom's innovative, holistic solutions for solar storage systems. Their expertise enables neoom to scale the energy transition effectively, ensuring products are installed where they create the most impact. With a network of over 360 installation partners across three countries, neoom is proud of these strong collaborations and looks forward to expanding these valuable partnerships even further.

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CEEZER

CEEZER helps neoom to transparently track and manage the climate protection projects we support. Together, we've built a diverse portfolio, investing in innovative and sustainable initiatives ranging from biochar production to clean energy solutions. We ensure that all supported projects generate CO₂ certificates meeting the highest standards. Beyond reducing emissions, these climate protection projects help bridge financing gaps and enhance the social aspects of sustainability by advancing multiple Sustainable Development Goals (SDGs).

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