Verve Group SE
Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Diversity and Fair Play in our Products and Services
- Providing Data Protection and Security
- A Great Team and an Inspiring Workplace
- Working towards a Greener Future
- Corporate Governance
Environmental Achievements
- Launched a cooperation with Eden Reforestation Project resulting in over 200,000 trees planted.
- Aims to become carbon neutral by the end of 2022.
- Converting most games to resource-saving cloud solutions.
Social Achievements
- Nearly achieved gender equality in new hires (43.81% Female / 56.19% Male).
- Employees from 42 different nations.
- Implemented a flextime policy.
- Initiatives supporting employee mental and physical health (Health Day, Health Month).
Governance Achievements
- Established a formal Sustainability Committee.
- Became a signatory of the UN Global Compact.
- Zero-tolerance policy with regards to corruption; anonymous mailbox for whistle-blowing.
Climate Goals & Targets
Short-term Goals:
- Become carbon neutral by 2022.
Environmental Challenges
- High energy consumption due to data centers.
- Data protection of all stakeholders.
- Youth protection.
- Hunt for and retention of talented employees.
Mitigation Strategies
- Using green energy and more efficient cloud solutions.
- Adhering strictly to GDPR and CCPA.
- Implementing preventive measures and sanctions for misconduct.
- Offering attractive career opportunities in a healthy working environment.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:4,949 tCO2e (2020, including safety margin)
ESG Focus Areas
- Diversity and Fair Play in our Products and Services
- Providing Data Protection and Security
- A Great Team and an Inspiring Workplace
- Working towards a Greener Future
- Corporate Governance
Environmental Achievements
- Achieved carbon neutrality for 2020 in cooperation with Planetly in August 2021, ahead of schedule.
- Established a permanent cooperation with Eden Projects, leading to donations of an additional 110,000 trees.
Social Achievements
- Initiated cooperation with Water.org (events to start in 2022).
- Intensive compliance training for workforce.
- Implementation of state-of-the-art whistleblowing solution by EQS Integrity Line.
Governance Achievements
- Further expanded efforts in terms of governance to reflect the strong growth of the company.
- Further optimization of the internal control system in cooperation with KPMG.
- Implementation of a new external whistleblowing system.
Climate Goals & Targets
Long-term Goals:
- Become one of the most desired global companies to work for (Vision 2025).
Medium-term Goals:
- Become one of the top 5 worldwide leading ad-software platforms (Vision 2025).
- Build a “white label” SaaS ad-software platform (Vision 2025).
Short-term Goals:
- Roll out Water.org charity project during the first half of 2022.
- Complete GDPR training for all employees.
- Implement compliant cookie banners to all new Group companies.
Environmental Challenges
- Ongoing Covid-19 pandemic impacting employee work-from-home arrangements and stakeholder engagement.
- Increasing restrictions on data sharing and stricter data protection regulations.
- Changes in the treatment of identifiers (Apple's IDFA, Google's cookie phase-out) disrupting the digital marketing landscape.
Mitigation Strategies
- Mostly online stakeholder engagement.
- Focus on privacy-first initiatives, such as ATOM (anonymized targeting solution).
- Integration of 3rd party technologies like LiveRamp, ID5, and Google FloC for cookie-less targeting.
- Acquisition of Beemray for contextual advertising expertise.
- Active work with advertising partners to adopt privacy-first solutions.
- Implementation of regular penetration tests in collaboration with Cobalt.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Sustainable Products & Innovation
- ATOM (anonymized targeting solution).
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:20,325 tCO2e/year
Scope 1 Emissions:4.4 tCO2e/year
Scope 2 Emissions:34.1 tCO2e/year
Scope 3 Emissions:20,323.6 tCO2e/year
ESG Focus Areas
- Diversity and Fair Play in our Products and Services
- Providing Data Protection and Security
- A Great Team and an Inspiring Workplace
- Working towards a Greener Future
- Corporate Governance
Environmental Achievements
- Achieved carbon neutrality for 2021 and 2022 by optimizing carbon footprint and offsetting emissions
Social Achievements
- Ad software platform received a Tech Cares Award from TrustRadius for creating a more efficient and privacy-friendly advertising platform
- Improved privacy measures implemented
Governance Achievements
- Expansion of the Board, implementation of various Board Committees and a Nomination Committee
- Publication of the first audited Governance Report
- Optimization and expansion of the Compliance Management and Internal Control and Risk Management Systems
Climate Goals & Targets
Environmental Challenges
- Finding a balance between the requirements of numerous stakeholders, especially in turbulent times
- Lack of standards or best practices in the digital media sector
- Understanding interactions and levers for sustainability in a constantly changing environment
Mitigation Strategies
- Continuous stakeholder engagement to understand current issues and receive feedback
- Regular review and adjustment of sustainability priorities
- Viewing the changing environment as an opportunity to shape the future
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Sustainable Products & Innovation
- ATOM (Anonymized Targeting On Mobile)
- Moments.AI™ (real-time contextual targeting)
- Dataseat (AI-driven non-identifier platform)
Awards & Recognition
- Tech Cares Award from TrustRadius
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:66,947 tCO2e (market-based, including games)
Scope 1 Emissions:0 tCO2e
Scope 2 Emissions:95 tCO2e (location-based)
Scope 3 Emissions:66,865 tCO2e (including games)
ESG Focus Areas
- Climate Change
Environmental Achievements
- Implemented a new carbon tracking partner and measurement method to better reflect emissions of an AdTech company, increasing transparency.
Climate Goals & Targets
Environmental Challenges
- Lack of uniform industry standard for carbon emissions measurement, making comparability difficult.
Mitigation Strategies
- Continued optimization of CO2e footprint measurement with partners to develop and implement reduction measures.
- Monitoring industry developments and best practices for adaptation.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol