Environment

MMD contributes to the environmental commitments set at TPV Technology Group level. Our environmental approach focuses on reducing climate impact, managing resources efficiently, and aligning with global sustainability goals.

Science-Based Targets
In September 2022, TPV Technology’s greenhouse gas (GHG) reduction targets were approved by the Science Based Targets initiative (SBTi). These include commitments to:

• Reduce absolute Scope 1 and 2 emissions by 42% by 2030, from a 2020 base year
• Reduce absolute Scope 3 emissions from the use of sold products by 42% by 2030

These science-based targets align with the goals of the Paris Agreement to limit global temperature rise

Carbon and Energy Management

Carbon and energy performance is managed at the Group level. Efforts focus on energy efficiency, increasing the share of renewable electricity, and improving overall energy management systems across TPV’s global sites. Several manufacturing sites are also certified under ISO 50001 for energy management.

Environmental Certifications and Audits

All production sites that manufacture for MMD are certified under ISO 14001, the international standard for environmental management. Regular audits are conducted to ensure environmental performance and compliance.

Waste Management and WEEE Compliance

Waste management is coordinated at the level of TPV Technology, the manufacturing parent company of MMD. TPV complies with the Waste Electrical and Electronic Equipment Directive II (WEEE II) and relevant local regulations in all operating regions. The company prioritizes product recyclability, reuse, and extended producer responsibility to reduce the environmental impact of e-waste.

In parallel, TPV has implemented structured waste management systems across its manufacturing bases, including procedures for hazardous waste, solid waste classification, and harmful substance control. A new Group-wide target has been set to reduce the total volume of general production waste by 7.5% by 2030, compared to 2021 levels. To support this, TPV invests in material efficiency, recycling projects, and employee awareness programs to drive waste reduction from production to disposal.