Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Climate Goals & Targets

Environmental Challenges

• The nature of SpyroSoft's core business (software development, primarily office work using computers) means its environmental impact is limited to electricity consumption and potential waste from used equipment.
• The company does not have a formalized business strategy incorporating ESG aspects.
• Lack of a diversity policy for the management board and supervisory board.
• No separate organizational units for risk management, compliance, and internal audit due to the size and nature of the business.

Mitigation Strategies

• SpyroSoft applies principles of equal treatment and non-discrimination, respect, and good relations in its policies.
• The company implements internal systems appropriate to its size and operations.
• The management board and supervisory board selection is based on merit, aiming for diverse expertise.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• Commenced offsetting by donations to the Woodland Trust for their reforestation programmes, nationally
• Updated our environmental policy and provided training to our team relating to recycling, power consumption reduction, and ethical and sustainable behaviours
• Eliminated single use plastics from our premises
• Made a commitment to local procurement only for our operational requirements to eliminate haulage emissions and transportation impacts
• Migrated to a remoter working policy to enable our team to undertake their role from home, and providing our team with software, hardware and other items to enable this.

Governance Achievements

• Initiated the process for obtaining accreditation to ISO 14001

Climate Goals & Targets

Environmental Challenges

• Anticipated exponential year-on-year growth through an aggressive recruitment strategy, leading to significant increase in carbon emissions.

Mitigation Strategies

• Increasingly targeted carbon reduction activities to evidence year-on-year reduction regardless of increase in materials used and volume of operations.
• Investing in proprietary, nature-based carbon removal solutions
• Promoting and investing in technologies, work practices and processes that provide alternatives to business travel
• Switching to environmentally friendly electricity
• Changing short-haul flights to car/train/bus/ferry rides
• Joining a carsharing pool
• Using electric vehicles for taxis
• Walking or biking more
• Dietary changes (less beef/lamb, more vegetarian food)
• Fighting food waste
• Avoiding palm oil products
• Reducing plastic consumption
• Shopping less
• Prioritizing wooden and bamboo products
• Adopting circular shopping habits
• Maximizing recycling

Supply Chain Management

Responsible Procurement

• Commitment to local procurement

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GHG Reporting Protocol corporate standard, SECR, Corporate Value Chain (Scope 3) Standard

Certifications: ISO 14001 (in process)

Environmental Metrics

Social Achievements

• Increased the number of employees and associates in the Group to 1,410 people (a record increase of 536 new colleagues).

Climate Goals & Targets

Environmental Challenges

• Global economic crisis, general slowdown in GDP growth, higher cost of money slowing down the pace of digitization of enterprises.
• Decrease in the growth rate of demand for IT services (though not equally across all industries).
• Decrease in the rate of increase in rates for clients.
• Increase in the number of associates remaining without a project for a given period.

Mitigation Strategies

• Strategy to increase the acceptable 'bench' of specialists waiting for new projects.
• Preparing for a change in the economic situation.
• Expecting positive phenomena such as increased availability of specialists on the labor market, a slowdown in salary growth, and a decrease in voluntary rotation.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Special award from the Minister of Economy and Sustainable Development (Spyrosoft Solutions d.o.o.)