Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Innovation
• Sustainable Environment
• Sustainable Individuals
• Sustainable Partnership

Environmental Achievements

• Reduced the thickness of methacrylate in NMERSO panels from 3mm to 2mm, resulting in a weight reduction of almost 1000kg for 2000 units.

Social Achievements

• Launched a weekly video newsletter for internal communication to improve transparency and employee well-being.
• Implemented a new compensation model in 2020 focused on eliminating inequitable salary distribution between positions of equal value.
• Participated in initiatives promoting female visibility in STEM and youth entrepreneurship.

Governance Achievements

• Established a Sustainability Committee in January 2021 composed of 11 people from different departments to identify SDGs, create a Materiality Matrix, define programs, track KPIs, and review actions.

Climate Goals & Targets

Environmental Challenges

• Minimizing the environmental impact of Virtualware's processes, activities, and developments.
• Reducing the perceived gender-based salary gap.

Mitigation Strategies

• Implementing sustainable consumption and production practices.
• Implementing a new compensation model based on position market value, experience, and annual development, reviewed annually.

Supply Chain Management

Responsible Procurement

• Green purchasing: selecting and acquiring products that meet sustainability and social responsibility criteria.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

UN Sustainable Development Goals

• Industry, Innovation and Infrastructure
• Gender Equality
• Partnerships for the goals
• Decent work and economic growth
• Responsible consumption and production

The report details how various initiatives contribute to these SDGs.

Sustainable Products & Innovation

• VIROO® platform, with focus on eco-efficiency and safety in product design, manufacturing, and operation.

Environmental Metrics

ESG Focus Areas

• Sustainable Development Goals (SDGs)
• Equality, Diversity, and Inclusion
• Environmental Sustainability
• Responsible Innovation

Environmental Achievements

• Achieved ISO 27001 Information Security certification.
• Registered as a small producer of WEEE waste and treated 87 kgs between June and December.
• Recycled over 600 kilos of cardboard and paper.
• Reduced paper invoice usage significantly, resulting in less than ¾ of a container of confidential paper documents needing destruction.

Social Achievements

• Created a Sustainability Committee.
• Implemented a new compensation model to address gender pay gap, improving transparency and equity.
• Recovered recreational activities for employees post-pandemic.
• Introduced a weekly fruit basket for employees.
• Participated in Inspira STEAM Alliance to promote Science-Technology Careers for Girls.
• Created a Wellness and Health channel in Microsoft Teams.

Governance Achievements

• Achieved ISO 27001 Information Security certification.

Climate Goals & Targets

Environmental Challenges

• Vertical segregation (fewer women in management positions).
• Difficulty attracting women to senior technical roles.
• Addressing the gender pay gap.

Mitigation Strategies

• Implemented a new compensation model based on position, experience, market value, and internal equity.
• Analyzing decision-making positions and women's presence.
• Working on attracting women to Virtualware, especially in development and experienced positions.
• Annual review of positions based on actual work value.
• Participation in STEAM initiatives to promote women in tech.

Supply Chain Management

Responsible Procurement

• Green purchasing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 27001, ISO 9001

UN Sustainable Development Goals

• SDG 5 (Gender Equality)
• SDG 9 (Industry, Innovation, and Infrastructure)
• SDG 12 (Responsible Consumption and Production)
• SDG 17 (Partnerships for the Goals)

The report details initiatives aligned with these SDGs.