Climate Change Data

Better Collective A/S

Climate Impact & Sustainability Data (2019, 2020, 2021, 2022, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:979.23 tCO2e/year
Scope 1 Emissions:13.95 tCO2e/year
Scope 2 Emissions:215.14 tCO2e/year
Scope 3 Emissions:730.14 tCO2e/year

ESG Focus Areas

  • Responsible Gambling
  • People
  • Governance
  • Local Communities & Environment

Environmental Achievements

  • Hosted a "Make BC Greener" workshop to discuss environmentally friendly initiatives.
  • Initiated a bottle cap collection program in Niš, Serbia, donating the proceeds to help procure orthopedic support devices.
  • Participated in the ITrash Challenge in Niš, collecting one truckload of garbage.
  • Planted trees in Niš as part of the "Let Niš Breathe" action.

Social Achievements

  • Launched the "Better Nis" program focusing on community initiatives in Niš, Serbia.
  • Invested in Mindway AI (19.99% of shares), specializing in identifying at-risk gambling behaviors.
  • Co-founded Responsible Affiliates in Gambling (RAiG) to promote responsible gambling.
  • Supported local IT communities in Niš through sponsorships and workshops.
  • Improved gender diversity in management (from 14% to 17%).

Governance Achievements

  • Implemented a Code of Conduct in 2018, integrated into the onboarding program.
  • Automated several compliance processes for their sites.
  • Passed the annual social responsibility audit by Gambling Integrity.

Climate Goals & Targets

Medium-term Goals:
  • Increase the share of women in management to 35% by 2023.

Environmental Challenges

  • Attracting more women to the organization.
  • Minimizing environmental impact (especially air travel).
  • Evolving regulatory landscape in the iGaming industry.
  • Limited data on user betting behavior due to their position in the value chain.
Mitigation Strategies
  • Implementing a travel policy to substitute travel with video conferencing.
  • Working to increase the share of women in management to 35% by 2023.
  • Maintaining an in-house legal team to stay updated on regulations and apply for licenses.
  • Investing in and partnering with Mindway AI to address responsible gambling concerns.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Sustainable Development Goals (SDGs)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:-300.41 tCO2e/year
Scope 1 Emissions:-73.53 tCO2e/year
Scope 2 Emissions:-49.99 tCO2e/year
Scope 3 Emissions:-176.88 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:3.30 tonnes CO2e per mEUR revenue

ESG Focus Areas

  • Responsible gambling
  • Governance
  • People
  • Local community
  • Environment

Environmental Achievements

  • Implemented a travel policy to substitute travel with video conferencing, resulting in unforeseen emission reductions due to the COVID-19 pandemic.
  • Switched to green electricity in Copenhagen HQ office.
  • Improved waste management and minimized waste in lunch delivery.

Social Achievements

  • Increased awareness of possible bias in recruitment processes.
  • Implemented an anti-harassment policy and prepared training for rollout in 2021.
  • Hosted a hackathon for IT students to create digital environmental solutions.
  • Implemented the Better Future program in Niš to support young adults in choosing their future careers.

Governance Achievements

  • Updated whistleblower policy and rolled it out to all offices.
  • Automated several compliance processes for sites.
  • Received the Award for Commitment to Compliance by an Affiliate Company at the Global Regulatory Awards 2020.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • 35% women in management by 2023
  • Board of directors to include two female members by 2023

Environmental Challenges

  • Air travel accounting for almost 75% of emissions.
  • Limited data on users' betting behavior due to Better Collective's position in the value chain.
  • COVID-19 pandemic impacting societies worldwide and accelerating the reduction in travel.
Mitigation Strategies
  • Implemented a travel policy with the aim of substituting a reasonable part of travel with video conferencing.
  • Partnered with a travel platform to optimize travel programs and monitor carbon footprint.
  • Improved remote meeting facilities to facilitate online meetings.

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: UN Global Compact, UN Sustainable Development Goals (SDGs 5 and 8)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 5: Gender equality
  • SDG 8: Decent work and economic growth

Better Collective's initiatives contribute to these goals through various programs and policies.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Award for Commitment to Compliance by an Affiliate Company (Global Regulatory Awards 2020)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:490.38 metric tonnes CO2e
Scope 1 Emissions:73.88 metric tonnes CO2e
Scope 2 Emissions:70.08 metric tonnes CO2e
Scope 3 Emissions:346.42 metric tonnes CO2e
Carbon Intensity:2.77 tonnes CO2e per mEUR turnover

ESG Focus Areas

  • Responsible Gambling
  • Governance
  • People
  • Local Community
  • Environment

Environmental Achievements

  • Improved data quality in emissions reporting
  • "One Tree per Employee" event in Niš, planting 230 trees

Social Achievements

  • Implemented an anti-harassment policy
  • Reached gender balance at board of directors level (33.3%)
  • Launched SEO and SEM academies in Niš
  • Participated in the All Index diversity, equality and inclusion initiative

Governance Achievements

  • Developed a human rights policy
  • Developed a modern slavery act policy
  • Developed a data ethics policy
  • Won "the Award for Commitment to Compliance by an Affiliate Company" at the Vixio Global Regulatory Awards for the third consecutive year

Climate Goals & Targets

Medium-term Goals:
  • Gender balance across top management and across the Group to be 35% of the underrepresented gender by 2030
Short-term Goals:
  • Set an ambitious target for carbon emission reduction by the end of 2022
  • Make "One Tree per Employee" an annual event in Niš
  • Update travel policy to reduce travel compared to 2019

Environmental Challenges

  • Gender pay gap
  • Data limitations in reporting across all offices due to M&A activity
Mitigation Strategies
  • Initiated a pay gap analysis to identify causes and solutions
  • Focusing on streamlining data collection and establishing best practices

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Sustainable Development Goals (SDG 3, 5, 8, 10)

UN Sustainable Development Goals

  • SDG 3
  • SDG 5
  • SDG 8
  • SDG 10

Initiatives contribute to good health and well-being, gender equality, decent work and economic growth, and reduced inequalities

Awards & Recognition

  • Vixio Global Regulatory Awards for Commitment to Compliance (3 consecutive years)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1422.82 tCO2e/year
Scope 1 Emissions:10.00 tCO2e/year
Scope 2 Emissions:50.32 tCO2e/year
Scope 3 Emissions:1362.50 tCO2e/year
Carbon Intensity:5.28 tons CO2e/mEUR revenue

ESG Focus Areas

  • Safer gambling
  • Talent attraction and retention
  • Employee development
  • Diversity, equity and inclusion
  • Business ethics
  • Cybersecurity
  • Responsible marketing
  • Anti-corruption
  • Data/privacy protection
  • Tax transparency
  • Climate risk

Environmental Achievements

  • Tracking carbon emissions for the fourth consecutive year; largest impact comes from travel activities; updated and developed policies, systems, and processes to manage and mitigate social, governance and environmental risks; started including server hosting in scope 3 emissions.

Social Achievements

  • Established a Diversity, Equity & Inclusion board; signed the Confederation of Danish Industry’s Gender Diversity Pledge and the UN’s Women Empowerment Principles; implemented anti-harassment training; ran BC academies in Niš, Serbia; updated safer gambling policy and implemented training programs; launched safer gambling training; implemented Gamalyze software on internal employee platform.
  • Annual workplace survey indicated a healthy and effective work environment with engaged and highly motivated employees (83% engagement score).

Governance Achievements

  • Included ESG goals in executive management team’s bonus (10% in 2023 based on social KPIs: gender diversity and employee training); suspended business activities related to the Russian market; updated anti-bribery and corruption policy; implemented a human rights policy; developed a data ethics policy.

Climate Goals & Targets

Long-term Goals:
  • Minimize carbon footprint and work towards setting a reduction target.
Medium-term Goals:
  • Reach 35% women in the workforce by 2030; reach 25% women in other management levels by 2027; 40% women on the board of directors by 2023.

Environmental Challenges

  • Lagging behind in female representation in leadership positions; unsatisfactory number of harassment cases reported in the annual workplace survey; gender distribution at other management levels unsatisfactory; Russian invasion of Ukraine caused suspension of business activities in the Russian market.
  • Limited progress towards 35% women in the workforce by 2030.
Mitigation Strategies
  • Signed pledges to improve gender diversity; implemented anti-harassment training; continued work to increase the share of the underrepresented gender at all management levels through new initiatives; made donations to humanitarian action and set up a program to aid Polish colleagues to volunteer in local initiatives; processes for being continuously updated on regulation and applying for licenses where relevant.

Supply Chain Management

Responsible Procurement
  • Considerations of environmental factors when choosing suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, Sustainable Development Goals (SDGs), Danish Financial Statements Act sections 99a, 99b, 99d and 107d, EU Taxonomy regulation

UN Sustainable Development Goals

  • SDG 3 (Good Health and Well-being)
  • SDG 5 (Gender equality)
  • SDG 8 (Decent Work and Economic Growth)

Initiatives related to safer gambling, diversity and inclusion, employee well-being, and responsible business practices.

Awards & Recognition

  • Vixio Global Regulatory Awards (for compliance)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2914.90 tCO2e/year
Scope 1 Emissions:71.40 tCO2e/year
Scope 2 Emissions:247.40 tCO2e/year
Scope 3 Emissions:2596.10 tCO2e/year

ESG Focus Areas

  • Safer gambling
  • Talent attraction and retention
  • Employee development
  • Diversity, equity and inclusion
  • Business ethics
  • Cybersecurity
  • Responsible marketing
  • Anti-corruption
  • Data/privacy protection
  • Tax transparency
  • Climate risk

Environmental Achievements

  • Rigorous tracking of carbon emissions for five consecutive years

Social Achievements

  • Launched leadership training program with 80 managers participating
  • Achieved gender equality in top management
  • Rolled out unconscious bias training with 89% participation
  • Ran in-house academies in Niš, Serbia, with 75% of participants joining Better Collective
  • Implemented mandatory safer gambling training for all employees

Governance Achievements

  • Awarded for compliance efforts at the Vixio Global Regulatory Awards for the fifth consecutive year
  • Conducted mandatory anti-corruption training for all employees
  • Adopted a data ethics policy
  • No reported cases of bribery or corruption

Climate Goals & Targets

Medium-term Goals:
  • Achieve 35% representation of underrepresented gender by 2030

Environmental Challenges

  • Maintaining a balanced and compliant marketing approach
  • Attracting and retaining skilled employees
  • Managing risks associated with larger acquisitions
  • Addressing algorithm updates and the rise of AI chatbots
  • Addressing gender imbalance in the workforce
  • Minimizing carbon emissions from business travel
Mitigation Strategies
  • Established a central legal function to ensure compliance
  • Implemented a performance-based valuation of acquired entities
  • Developed a strong employer brand and implemented DEI initiatives
  • Continuously monitors IT infrastructure and deploys mitigation strategies
  • Implemented unconscious bias training and recruitment policies to address gender gap
  • Updated travel policy to include low-carbon options and careful consideration of travel needs

Supply Chain Management

Responsible Procurement
  • Considerations of environmental factors when choosing suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, Sustainable Development Goals (SDGs)

UN Sustainable Development Goals

  • SDG 3
  • SDG 5
  • SDG 8

Initiatives contribute to these goals through safer gambling, diversity and inclusion, and responsible employment practices

Awards & Recognition

  • Multiple industry awards for Mindway AI's safer gambling solutions