Dlaboratory Sweden AB (publ)
Climate Impact & Sustainability Data (2020, 2022, 2023, 2024-04-01 to 2024-06-30)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Competition from larger international players like ABB or Siemens.
- Customer concentration (50% of revenue from three customers).
- Dependence on market acceptance of relatively new technologies.
- Dependence on key personnel for product development and maintenance.
Mitigation Strategies
- International expansion to markets with greater need for the product.
- Diversification of customer base.
- Continued product development and marketing efforts.
- Recruitment and retention strategies for key personnel.
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
The company's solutions contribute to a more reliable and efficient electricity grid, supporting the transition to renewable energy.
Sustainable Products & Innovation
- dAnalyzer, dQuality, dInsight
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate change
- Sustainable energy
- Grid reliability
Environmental Achievements
- Reduced unplanned power outages by 25% in areas monitored by the platform
- Developed a unique method for measuring the health of an electricity grid (patented in early 2023)
Social Achievements
- No customer churn (0%) since the platform's launch
- Successful collaboration between dLab and its subsidiary, Svensk Linjebesiktning AB, leading to positive revenue and results
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Become the leading provider of digital analytics solutions for proactive grid management
- Expand into new international markets
- Deepen existing international partnerships
- Increase market penetration in Sweden
- Establish new international partnerships
Environmental Challenges
- Competition in the electricity market
- Customer concentration (over 60% of revenue from three largest customers)
- Negative results in previous years and the need for capital for expansion
- Rapid technological changes in the industry
- Dependence on key personnel
- Risk of imitation of intellectual property
- Potential impact of the war in Ukraine on product availability and delivery
Mitigation Strategies
- Focus on market penetration in Sweden and selected international markets
- Development of new applications and solutions based on customer needs
- Cost-effective adaptation to technological changes
- International expansion through partnerships
- Continuous product development and improvement
- Protection of intellectual property rights
- Diversification of supply chains
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Increased demand for grid modernization and digitalization due to the green transition and energy crisis
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
dLab's solutions contribute to a more reliable and efficient electricity grid, facilitating the transition to renewable energy sources.
Sustainable Products & Innovation
- dInsight Analytics Platform
- dState (application for condition-based maintenance)
- dServices (analytics service)
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- Not disclosed
Environmental Challenges
- Slow development of the Indonesian project.
- Some of SLB's business areas showed a slightly reduced margin in 2023.
Mitigation Strategies
- The Indonesian project was financed by the Swedish Energy Agency, so dLab did not incur costs related to it. They are working to move the project forward.
- The ambition for the group is to improve margins in the coming years through both efficiency improvements and price adjustments.
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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024-04-01 to 2024-06-30
Environmental Metrics
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Strengthened sales organization by adding two experienced salespeople, technical sales support, and a software developer.
Governance Achievements
- Not disclosed
Climate Goals & Targets
- Not disclosed
- Not disclosed
- 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: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed