Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Climate Change
• Resource Efficiency

Environmental Achievements

• Since 2023, Fabasoft has only purchased electricity from Austrian hydropower at its sites in Linz and Vienna.
• Offsetting all direct and indirect emissions from its business operations (Scope 1 and 2) by supporting certified climate projects.

Social Achievements

• Established the Fabasoft Management Academy, an internal training program for managers.
• Employs 57 certified (senior) project managers, 94 Scrum Masters, and 37 Product Owners.

Governance Achievements

• Renewed certifications in accordance with ISO standards 9001, 27001 including 27018 and 20000-1 in November 2023.
• Renewed conformity with the EU Cloud Code of Conduct at conformity level 3 in May 2023.

Climate Goals & Targets

Environmental Challenges

• Risks in business with public sector clients (lengthy lead times, formal tendering requirements, budget cuts)
• Product risks (software errors, security gaps)
• Partner business risks (limited customer contact, dependency on partner strategies)
• Project business risks (unclear specifications, miscalculations, deadline overshoots)
• Competition (consolidation in the software sector)
• Internationalization risks (lack of target market knowledge, local competition)
• IT risks (malfunctions, cyberattacks)
• Risks involved in the use of artificial intelligence technologies
• Risks regarding information security and data protection
• Risks concerning dependence on suppliers
• Personnel risks (shortage of qualified specialists)
• Compliance and awareness risks
• Risks from the effects of the macroeconomic and geopolitical environment
• Risks from pandemics and environmental disasters
• Climate-related risks (supply chain disruptions, power outages)
• Financial risks (customer expectations of AI use cases, defaults on receivables, interest rate risk, exchange rate risk)

Mitigation Strategies

• Providing intensive, high-quality services to existing customers; product and project innovations; competitive tenders.
• Automated checks and extensive certification processes during product development.
• Partner-oriented model to reduce project risks.
• Tried-and-tested procedures model for project work.
• Broad range of carefully selected suppliers; quality management measures; defined business processes; continuous training.
• Intensive efforts to continuously expand cyber resilience; organizational, technical, and physical barriers; awareness training.
• Comprehensive measures to ensure business operation continuity; emergency and crisis plans.

Supply Chain Management

Responsible Procurement

• A catalog of criteria implemented in the procurement workflow supports the selection of security-relevant suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Disruptions in the supply chain for raw materials
• Regional power outages

Transition Risks

• Higher operating costs due to carbon prices
• Changing regulatory landscape

Opportunities

• Decarbonising effect of digitalizing documentation processes
• Increasing the company's attractiveness as an employer

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 9001, ISO 27001, ISO 27018, ISO 20000-1, BSI C5:2020, SOC 2, ISAE 3000, ISAE 3402 Type 2, EU Cloud Code of Conduct, Cyber Trust Austria Gold Label, WACA (Web Accessibility Certificate)

Third-party Assurance: Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H., PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft