Environment

Sustainability in Brunvoll

We consider trust, transparency, technology, digitalisation and circularity great enablers for a greener economy. Our ambition is to be at the forefront and become an industry leader in sustainability.

Our products have consistently competed on reliability and energy efficiency. Operating as a manufacturing company in a high-cost country has required continuous improvements in productivity. In practice, these efforts to strengthen our competitiveness have also tended to deliver positive ESG outcomes. Across our value chain, we generate both environmental benefits and impacts, and we recognise the transition to a net-zero economy as one that presents clear responsibilities as well as significant opportunities.

Our sustainability roadmap

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Smart waste handling, clean energy

In 2025, we continued to strengthen our resource management across two key areas: waste and energy. Our waste performance reflects systematic source separation and close collaboration with certified operators, keeping materials in circulation and out of landfill. At the same time, our rooftop solar plant in Molde made a significant contribution to our energy supply, reducing our reliance on conventional power. Together, these efforts lower our environmental footprint and increase operational resilience.

Waste management

In 2025, our sorted waste share was increased to 96.9%, compared to 92.8% in 2024. This shows that we have a well‐functioning waste management system with source separation and collaboration with certified waste operators. We separate waste into 14 waste fractions across our production and facility operations. The total amount of waste generated in 2025 was 3,028.5 tonnes. Of this, 2,994.3 tonnes were diverted from disposal, mainly through material recycling (95.3%) and incineration with energy recovery (3.6%). The remaining 34.2 tonnes (1.1%) were sent to landfill.

We continue to perform well above our ambition of high source separation and circular handling. We aim to send most of our waste to material recycling rather than disposal. We will keep working to substitute hazard-ous fractions where feasible and improve upstream design and purchasing practices to prevent waste at the source. By composition, 97.9% of our waste was non-hazardous, while 2.1% was hazardous in 2025.

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Brunvoll rooftop solar power – first full year

Our rooftop solar power plant in Molde has completed its first full year
of operation. The installation secures renewable electricity for our power intensive production and contributes clean energy to the local grid.

In 2025, the plant produced 1,021,075 kWh of solar electricity, with 72% used in production and 28% exported to the public grid. About 15% of Brunvoll’s electricity use came from our own solar power, showing strong self-consumption while delivering surplus renewable energy to the community. Our Molde premises used 4,988,058 kWh of electricity and 1,772,004 kWh of district heating. Solar power replaces parts of this demand, reducing greenhouse gas emissions from our processes.

The plant’s annual production equals the electricity use of about 70 homes, adding renewable energy to the local grid. The investment reduces reliance on conventional power, eases grid load, increases renewables, and strengthens our energy resilience, reflecting our commitment to local, responsible clean energy.

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Our first double materiality assessment

In 2025, we carried out our first double materiality assessment (DMA) in collaboration with NCE iKuben in Molde. The assessment ensured that our sustainability efforts are based on topics where Brunvoll both has influence and faces risk or opportunity.

A double materiality assessment considers two perspectives:

1. Impact materiality: How Brunvoll's activities affect people, the climate, and the broader environment.
2. Financial materiality: How sustainability-related developments influences Brunvoll’s long-term value creation.

Double materiality assessment – what we learned and why it matters

Understanding what truly matters is at the heart of responsible business. In 2025, Brunvoll carried out its first double materiality assessment to identify the sustainability topics that have the greatest impact on people, the environment, and our long-term value creation.

The process brought together insights from employees, customers, suppliers, and other key stakeholders. This gave us a clearer picture of where we can make a real difference, and where external developments may influence us in return.

How we carried out the assessment

The double materiality assessment was conducted in line with the CSRD* and ESRS** framework and requirements. The assessment was carried out by conducting four workshops with Brunvoll’s sustainability group.

In these workshops the following was addressed:

• We mapped the value chain and key stakeholder groups
• We assessed our impact on people and the environment
• We prioritised the most relevant sustainability topics
• We developed short and long-term follow-up actions
• We identified how sustainability-related developments influence our organisation

Stakeholder insight was gathered through semi‐structured interviews with both internal and external stakeholders. To ensure a broad internal perspective, the process included input from safety delegates, union representatives, and elected employee representatives. The analysis started from a long list of 155 topics, of which 50 were prioritised as material and 10 were highlighted as strategic priorities.

What happens next?

In 2026, the sustainability group will review the results and develop an action plan with targeted activities and specific KPIs to measure progress. This will be our contribution to climate impact reductions and will strengthen our work with the Science Based Targets initiative (SBTi).

*Corporate Sustainability Reporting Directive
**European Sustainability Reporting Standards

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Brunvoll’s commitment to science-based climate targets

Sustainability expectations and regulatory requirements in the EU are currently undergoing significant changes and national guidelines are still under development. Regardless of this, Brunvoll has chosen to take clear and proactive steps toward a more sustainable way of operating. We have set a high level of ambition and in 2025 we therefore committed to the Science Based Targets initiative (SBTi).

SBTi provides structured and science-driven framework and a clear methodology for reducing emissions across our value chain. We commit to develop near- and long-term emissions reductions aligned with the 1.5°C goal of the Paris Agreement. These targets will guide us towards achieving net-zero emissions by 2050 and help us prioritise the most effective actions across our operations and supply chain.

What we have done so far

• Established a close collaboration with NCE iKuben including participation in their SBTi mentor programme.
• Committed to developing both near-term and net-zero targets, which will shape our climate ambitions in the years ahead.
• Improved the quality of our emissions data, and updated inventories particularly for Scope 3.
• Strengthened internal governance, clarifying responsibilities across teams working with sustainability, operations, procurement and compliance.

What comes next

• Finalise our full Scope 1, 2, and 3 emissions inventory in line with the GHG Protocol.
• Prepare a comprehensive action plan outlining concrete, prioritised measures focused on the sustainability topicsmost material to our business.
• Develop science-based near-term targets defining reductions within 5–10 years.
• Develop a long-term net-zero target requiring deep emissions cuts across the entire value chain by 2050.
• Submit our targets to SBTi for validation, ensuring they meet science-based criteria.

Why this matters for Brunvoll

For us, SBTi is about building a resilient and future-ready business. Clear and science-based targets will help us reduce risk, make better decisions, and contribute to a more sustainable maritime industry.
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As a family-owned company with more than a century of long-term thinking behind us, committing to a credible and transparent climate pathway is a natural continuation of how we operate.

We are at the beginning of the journey, but the direction is clear: Brunvoll will reduce emissions in line with the latest climate science and continue to develop solutions that support a sustainable future.

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Operational reliability

Brunvoll delivers products and services of the highest quality, energy efficiency and environmental reliability – with little to no risk of pollution or cyber security breaches.

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Built to last

Since 1912, we have designed our products for one purpose: to last. With
proper service and maintenance, our thrusters and propulsion equipment will
outlive the vessel itself – reducing both environmental impact and operational
costs over a vessel’s lifetime.
All Brunvoll systems are delivered with our in-house control system,
BruCon – giving us full control over reliability, efficiency and performance.

‍“All systems fail from time to time. Brunvoll’s systems just fail more rarely than other systems. If there is a failure, Brunvoll is immediately there to remedy the issue”

– Vessel superintendent, Norway

Maximising performance

Replacing a system is rarely the right answer. Upgrading it almost always is.
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Brunvoll offers three levels of control system upgrades – from replacing obsolete components to installing a fully new system. In 2025, we completed approximately 60 retrofit projects. Unlike competitors who replace entire systems on a fixed cycle, we upgrade only what is no longer available – extending operational life while reducing waste, cost and environmental impact.

“Whether it’s a targeted component swap or a full-system upgrade, we deliver cutting-edge solutions with minimal disruption and maximum value – for our customers and the environment.”

– Jim Varmedal, Sales Manager Retrofit

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Service, reach and technology

Always nearby. Always ready.

Our global network of local service stations means we are always within reach – reducing travel emissions while ensuring fast, expert support close to our customers. With local presence through certified service agents, we can respond quickly while reducing the need for long-distance travel. Our agents are located in 19 countries that cover more than 40 countries worldwide.

Digital tools strengthen our approach to reduce travel and the need for on-site visits. Our Condition Monitoring System (CMS) enables remote diagnostics and condition-based maintenance, helping us support customers remotely. By the end of 2025, 251 thruster- and propeller systems were equipped with CMS.

"Service travel is necessary, but we work actively to reduce its footprint”

– Kjetil Hovde, Executive Vice President After-Sales Services

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*Our certified service agents in 19 countries cover more than 40 countries through local presence.

**Measured as: emissions from service-related flights/revenue

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Low-impact production

Brunvoll will ensure minimal environmental impact across our facilities and value chain – from material procurement to end-of-life.

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In-house, in control

We produce in-house at our facilities in Molde, Volda and Dalen –
keeping skills, knowledge and quality close. An integrated value
chain gives us control and flexibility, while lean principles and
modern technology keep us competitive.

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Sourcing close to home

More than 96% of our Tier 1 suppliers are in Western Europe. Steel
and castings – our main drivers of Scope 3 emissions – are sourced
primarily in the Nordics. Long-term partnerships, ethical guidelines and
environmental screening are at the core of how we work with suppliers.