Climate Change Data

Coor Service Management Holding AB

Climate Impact & Sustainability Data (2020, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Sustainability

Governance Achievements

  • Coor follows the Swedish Corporate Governance Code without deviating from any of its rules.

Climate Goals & Targets

Environmental Challenges

  • Impact of COVID-19 on the company
Mitigation Strategies
  • Crisis management teams were activated through frequent meetings during the initial phase of the pandemic. Focus was on health and safety of Coor’s employees and customers’ employees. In the second quarter of 2020, the crisis management teams were able to hand over full responsibility for COVID-19-related health and safety issues to the regular management structure.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Swedish Corporate Governance Code, International Financial Reporting Standards (IFRS)

Certifications: ISO 45001-2018, ISO 14001-2015, ISO 9001-2015

Third-party Assurance: Det Norske Veritas

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Health & Safety
  • Responsible Procurement
  • Employee Well-being

Environmental Achievements

  • Reduced greenhouse gas emissions from energy (Scope 2) by 57% since 2018
  • Climate targets approved by the Science Based Targets initiative (SBTi)
  • Achieved gold rating from EcoVadis (top 3% of global companies for corporate social responsibility)
  • Reduced emissions in food and beverages by 16% compared with the baseline year 2018

Social Achievements

  • Launched Life Saving Rules to prevent workplace injuries
  • Maintained high employee motivation (Employee Motivation Index of 76)
  • Achieved 50/50 gender balance at management level
  • New diversity and inclusion policy implemented
  • Collaborations with NIIS and Startup Refugees to integrate refugees into the workforce
  • Named Sweden’s Most Gender-Equal Company by SHE Index

Governance Achievements

  • Sustainability-linked refinancing of credit facilities
  • Joined the UN Global Compact
  • Improved monitoring ability and goals in food and beverages

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 75% by 2030
  • 75% of Scope 3 emissions from suppliers with approved climate targets by 2026
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 50% by 2025
  • Reduce emissions in food and beverages by 30% by 2025

Environmental Challenges

  • Increased Scope 1 and 2 emissions due to growth and limited availability of electric vehicles
  • Regulatory pressure and tightening requirements for corporate transparency and action
  • Rising prices from suppliers
  • Energy crisis
Mitigation Strategies
  • Gradual replacement of existing vehicles with non-fossil fuel vehicles
  • Switching to renewable energy
  • Implementing indexation clauses in contracts to pass on cost increases
  • Developing contingency plans
  • Advisory services to help customers save energy
  • Stricter requirements for suppliers regarding climate goals

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Stricter sustainability standards for suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI Standards 2021, SBTi, TCFD (plan to start reporting)

Certifications: ISO 14001, ISO 9001, ISO 45001

Third-party Assurance: Öhrlings PricewaterhouseCoopers AB (PwC)

UN Sustainable Development Goals

  • Goal 7: Affordable and clean energy
  • Goal 8: Decent work and economic growth
  • Goal 10: Reduced inequalities
  • Goal 13: Climate action

Coor's initiatives contribute to these goals through reduced emissions, responsible resource use, employee well-being programs, and partnerships to integrate refugees into the workforce.

Sustainable Products & Innovation

  • SmartLighting
  • SmartCharge

Awards & Recognition

  • EcoVadis gold rating
  • Sweden’s Most Gender-Equal Company

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Net zero goal
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 45001-2018, ISO 14001-2015, ISO 9001-2015

Third-party Assurance: DNV

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed