Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Limited use and production of paper; encouraged employees to use digital meeting platforms to reduce travel; restricted air travel

Social Achievements

• No accidents occurred during 2022; total absence due to sickness was 3.5% relative to total work hours; share incentive program offered to all employees; new CEO and Chairman appointed; two new female directors elected to the Board

Governance Achievements

• Updated Board Mandate; established an Audit Committee; considering establishing a Remuneration Committee; Directors and Officers liability insurance obtained

Climate Goals & Targets

Environmental Challenges

• Rapid growth through acquisitions, new hires, and expansion projects resulted in increased costs and challenges in operational performance, influencing new sales; rapid onboarding of employees presented a significant challenge; lower new sales activity in core markets

Mitigation Strategies

• Organizational restructuring in Metodika, Webdoc, and the whole organization; slowing down new hires; refocusing on sales and strengthening profitable growth; improving user experience and customer relationships; reviewing strategy to develop solutions that create the most value; addressing internal challenges to enable strong growth

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters and disruptions to supply chains