Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate & energy
• Talent Management & Retention
• Impact of Products & Services
• Data Security & Privacy
• Sustainability Principles

Environmental Achievements

• Implemented an environmental management system and follows NetNordic’s environmental policy stating to minimise climate impact and encourage environmental consciousness within the organisation, working to set a net-zero target.
• Abides by relevant environmental management schemes, including the Eco-lighthouse certification (Norway), ISO 14001 (Sweden; pending Norway), and ISAE (Denmark).
• Employees are encouraged to use public transportation for business travel. Video conferencing is promoted for internal and customer meetings to reduce business travel.

Social Achievements

• 0.5% of the total payroll was budgeted to train employees in 2022.
• Employee satisfaction score of 80 out of 100 in 2022.
• Focus on a gender-diverse workforce and aims to promote equal pay (2022 ratio of basic salary and remuneration of women to men was 85%).
• Absenteeism rate decreased by 3% from 2021 to 2022 and is ~20% below the industry average.

Governance Achievements

• Established key ESG-related governance policies, including a Code of Conduct, diversity policy, ESG policy, whistleblowing policy, and anti-trust policy.
• Data security and privacy are integral parts of NetNordic’s operations; no major data security breaches or hacking incidents have occurred.
• Security Operations Center is ISO 27001 certified at the group level.
• A Data Protection Officer has been appointed.

Climate Goals & Targets

Environmental Challenges

• Reducing energy and carbon impact across the value chain.
• Recruiting and retaining a diverse pool of talent.
• Showcasing the positive impact of its IT solutions.
• Maintaining data security and privacy.

Mitigation Strategies

• Evaluation of an electric vehicle fleet.
• Training programs for technical staff and consultants.
• Leadership program.
• Employee satisfaction surveys and follow-up actions.
• Initiating a pilot to test impact methodology.
• Establishing a Scope III baseline on carbon impact.
• Diversity initiatives, networking opportunities, and recruitment events.
• Established policies and procedures aligned with GDPR requirements.

Supply Chain Management

Supplier Audits: 7 agents reviewed in 2022

Responsible Procurement

• Supplier Code of Conduct, Partnership Agreements referencing ESG-related topics (e.g., ILO standards and the Principles of the UN Global Compact)

Climate-Related Risks & Opportunities

Physical Risks

• Rising air temperatures, changing rainfall and windspeed patterns, increased frequency of cyclones along the Norwegian coast

Transition Risks

• Technology and policy/legal changes, strengthening of EU climate regulation, greater demand for low-carbon products/services

Opportunities

• Investing in lower emissions technologies and solutions

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 14001 (Sweden), Eco-lighthouse (Norway), ISAE (Denmark), ISO 27001

Third-party Assurance: MJ Hudson

UN Sustainable Development Goals

• SDG 9
• SDG 13

Company activities are mapped to SDGs and relevant targets. Each activity identified contributes to an IRIS+ KPI.

Sustainable Products & Innovation

• Healthcare services and solutions enabling patients to stay home longer, solutions for energy power systems enabling swift detection and servicing of system failures, communication services offering an attractive alternative to physical meetings, networking services ensuring secure access to business-critical data, Security Operations Center protecting customers’ critical infrastructure