Azerion Group N.V.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1,488 tCO2e/year
Scope 1 Emissions:125 tCO2e/year
Scope 2 Emissions:148 tCO2e/year
Scope 3 Emissions:1,216 tCO2e/year
Carbon Intensity:2.89 tons CO2e per million EUR Revenue
ESG Focus Areas
- Data Security and Customer Privacy
- Labour Practices and Health & Safety
- Product Development & Lifecycle
- Climate Change Mitigation
- Responsible Consumption and Production
- Climate Action
- Reduced Inequalities
Environmental Achievements
- Reduced data center carbon emissions by >45% from 235,401 tCO2e in 2022 to 124,628 tCO2e in 2023
- Doubled the number of responsible media campaigns compared to 2022, increasing impact across carbon, nature, and community initiatives.
Social Achievements
- Launched a Safety Ambassadors program in the Metaverse with over 6,000 participants
- Donated approximately €150,000 to the Red Cross to support earthquake victims in Turkey
- Raised over €250,000 in donations throughout the year for various causes.
Governance Achievements
- Continued compliance with the Dutch Corporate Governance Code, with deviations explained.
- Strengthened financial position through the sale of the social card games portfolio and bond refinancing.
Climate Goals & Targets
Environmental Challenges
- Highly fragmented and intensely competitive digital advertising market
- Risks associated with sourcing and integrating new acquisitions
- Maintaining good relationships with content owners and distribution partners
- Cybersecurity threats and dependence on third-party technology
- Potential for fraud in advertising creatives and bot activity
- Maintaining customer loyalty in a market with short termination notice periods
- General economic, market, and political conditions affecting marketing and advertisement spend
- Environmental impact of data usage and processing
- Fraud related to in-game payments, app store purchases, and e-commerce
- Phishing and social engineering targeting employees
- Key employee retention
Mitigation Strategies
- Acting as a consolidator in a fragmented market, leveraging acquisition experience and resources.
- Dedicated in-house M&A and integration team.
- Dedicated developer and publisher relations teams.
- Specialized in-house Corporate IT team, cloud security measures, and internal/external technology tools.
- Continuous automatic and manual scans for malvertise and fraudulent scripts.
- Tools to detect unusual behavior and block fraudulent activities.
- Competitive compensation packages, career development opportunities, and stock plan for senior management.
- Lean, agile, and flexible organization, diverse business model, and client base.
- Processes and policies to track and monitor environmental impact, energy reduction criteria for vendor selection, and offset initiatives.
- Systems to check for legitimate sales in real time and post-event checks.
- Broad awareness of phishing and social engineering risks, ongoing training, and security measures.
- Competitive compensation packages for key employees.
Supply Chain Management
Responsible Procurement
- Use of renewable energy sources by suppliers is an important vendor selection criterion.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Sustainable Development Goals, EU Non-Financial Reporting Directive 2014/95/EU (EU NFRD), Greenhouse Gas Protocol (GHG Protocol) - Corporate Standard
UN Sustainable Development Goals
- Goal 9
- Goal 12
- Goal 13
- Goal 10
Azerion's initiatives contribute to these goals through responsible media activation, environmental awareness campaigns, inclusive workplace culture, and community engagement.
Sustainable Products & Innovation
- Performance by Azerion
- Azerion Smart Content
- Smart bidding
- Azerion Fanzone