Climate Change Data

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