11 bit studios Spółka Akcyjna
Climate Impact & Sustainability Data (2019, 2020, 2021)
Reporting Period: 2019
Environmental Metrics
Social Achievements
- Donation of PLN 230,316 to the War Child foundation.
Governance Achievements
- Reappointment of Management Board members for a three-year term.
- Appointment of a new Supervisory Board for a three-year term.
- Appointment of an Audit Committee.
Climate Goals & Targets
Medium-term Goals:
- Release one proprietary game per year.
- Launch three to four products per year through 11 bit publishing.
Short-term Goals:
- Further monetization of This War of Mine and Frostpunk (DLCs and new platform versions).
Environmental Challenges
- Delays in game production due to the decision to not simply port the PC version of Frostpunk to consoles.
- Limited supply of attractive external projects for the publishing division.
- Strong competition from other publishers.
- Risk of missing significant market trends.
- Limited effectiveness of PR activities due to declining reach of industry media.
- Difficulties in finding experienced employees.
- Copyright-related risks related to contracts for specific work.
- Risks related to licence agreements.
- Risks related to contracts with foreign partners.
- Risks related to distribution agreements and license agreements.
- Potential impact of the COVID-19 epidemic.
Mitigation Strategies
- Development of user-friendly console version of Frostpunk.
- Increased budget for publishing projects (up to PLN 5m).
- Active participation in industry events to find new projects.
- Continuous monitoring of market trends.
- Implementation of remote work model to mitigate COVID-19 risks.
- Ongoing recruitment efforts to address employee shortages.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Second place in the Listed Company of the Year contest (Success in 2018 category).
Reporting Period: 2020
Environmental Metrics
Social Achievements
- Donated medical equipment and supplies to healthcare and educational establishments in response to the COVID-19 pandemic.
- Supported the War Child Foundation and The Humane Society International.
Governance Achievements
- Appointed PricewaterhouseCoopers Polska Sp. z o.o. Audyt Sp.k. as the auditor.
Climate Goals & Targets
Medium-term Goals:
- To have at least three in-house development teams, capable of working in parallel on three games.
Environmental Challenges
- COVID-19 pandemic impacting employee recruitment and industry event participation.
Mitigation Strategies
- Implemented work-from-home policy for employees.
- Utilized electronic communication channels for stakeholder engagement.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: PricewaterhouseCoopers Polska Sp. z o.o. Audyt Sp.k.
Awards & Recognition
- Gold Medal from Famitsu (Frostpunk in Japan)
Reporting Period: 2021
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:319,492 kWh/year
Water Consumption:744.60 m3/year
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Modernized heating and air-conditioning systems, optimizing utility consumption and contributing to low emission performance of the building.
- Installed new energy-efficient LED lighting controlled by motion sensors.
- Implemented environmentally-friendly waste management practices including waste segregation and use of biodegradable materials.
Social Achievements
- Launched an employee capital plan (PPK) for its employees in 2020.
- Offered various employee benefits including health care, sport activities, flexible working hours, and a dog-friendly office.
- Organized team-building events and provided onboarding training.
Governance Achievements
- Amended the Company’s Articles of Association to transfer acquisition powers from the General Meeting to the Supervisory Board.
Climate Goals & Targets
Long-term Goals:
- To release one proprietary game per year.
Medium-term Goals:
- To have at least three in-house development teams, capable of working in parallel on three games.
- To release three to four products per year.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Global geopolitical changes, including those across the eastern border.
- Adverse macroeconomic developments such as global economic slowdown and growing inflation.
- Competition in the video game market.
Mitigation Strategies
- Closely monitoring global geopolitical changes and addressing them in business as the situation unfolds.
- Maintaining strict discipline in operating expenses.
- Focusing on developing and monetizing existing games.
- Expanding publishing activities and investing in third-party titles.
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: IFRS
Certifications: Null
Third-party Assurance: PricewaterhouseCoopers Polska Sp. z o.o. Audyt Sp.k.
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed