Systemair AB (publ)
Climate Impact & Sustainability Data (2021-05 to 2022-04, 2022-05 to 2023-04, 2023-05 to 2024-04)
Reporting Period: 2021-05 to 2022-04
Environmental Metrics
ESG Focus Areas
- Responsible enterprise
- Sustainable workplace
- Sustainable operations
- Sustainable products
Environmental Achievements
- Reduced Scope 1 and 2 emissions by 17% since 2019/2020.
- Products helped reduce energy usage by 1.9 TWh, avoiding over 500,000 tons of CO2 emissions.
Social Achievements
- 94% of largest suppliers complied with the Code of Conduct for Suppliers.
- Launched PolarStar leadership program.
- Reduced work-related injuries leading to sickness absence from 251 to 197.
Governance Achievements
- Zero incidents of bribery or corruption.
- Implemented updated project management model (SPMM).
- Improved sustainability governance and monitoring.
Climate Goals & Targets
- Net zero emissions (target year not specified).
- 50% reduction in Scope 1 and 2 emissions intensity by 2030.
- Reduction of 25 TWh in energy usage from buildings by 2030.
- Zero incidents of corruption by 2025.
- 100% of largest suppliers comply with Code of Conduct by 2025.
- Zero work-related injuries leading to sickness absence by 2025.
- At least 25% female leaders by 2025.
Environmental Challenges
- Ongoing shortage of components.
- Supply chain disruptions.
- War in Ukraine affecting business in Russia and Belarus.
- Rising component prices.
Mitigation Strategies
- Adjusted component supply between factories.
- Price increases to offset rising component costs.
- Halted all supplies to Russia and Belarus.
- Continuous work on efficiency measures.
Supply Chain Management
Supplier Audits: 93% of new suppliers audited (2022), 87% (2021)
Responsible Procurement
- Code of Conduct for Suppliers
- Supplier self-assessment form
- On-site audits of suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards: Core level, UN Global Compact
Certifications: ISO 9001 (27 of 29 factories), ISO 14001 (10 of 29 factories), LEED Gold (Turkey factory)
UN Sustainable Development Goals
- 10 of the 17 UN Sustainable Development Goals
Sustainable Products & Innovation
- SYSAQUA R32 air conditioning systems
- Energy-efficient air handling units with energy recovery
- Demand controlled ventilation, heating, and cooling systems
Reporting Period: 2022-05 to 2023-04
Environmental Metrics
ESG Focus Areas
- Energy efficiency
- Sustainable products
- Improved indoor climate
- Responsible supply chain
- Employee well-being
Environmental Achievements
- Reduced Scopes 1 and 2 emission intensity by 33% compared to the base year 2019/20 (market-based method)
- Products delivered contributed to a reduction of 1.9 TWh in energy use, avoiding approximately 500,000 tons of CO2 emissions
- Investments in three solar cell installations to reduce emissions from electricity generation
Social Achievements
- 93% of Systemair’s largest suppliers confirmed compliance with Systemair’s Code of Conduct for Suppliers
- 59,000 hours of training provided to employees
- Employee initiative in support of victims of war and earthquake in Ukraine and Turkey
Governance Achievements
- Zero incidents of bribery or corruption reported
- Implementation of new processes and systems to focus more systematically on supplier verification and follow-up
- Updated communication guidelines to reduce the risk of communicating messages that are not attuned to the Company and our brands
Climate Goals & Targets
- Reduce energy use in buildings by 25 TWh over 10 years
- 50% reduction in Scopes 1 and 2 emissions intensity by 2030/31
- All production facilities ISO 14001 certified by 2030/31
- 100% of largest suppliers comply with Code of Conduct by 2025/26
- Reduce serious work-related injuries by at least 15% per year
- Achieve at least 25% female leaders by 2025/26
Environmental Challenges
- Component shortages and extended delivery times
- High inflation
- Geopolitical risks (e.g., war in Ukraine, halting deliveries to Russia)
- Maintaining sustainability performance to meet external expectations and legal requirements
Mitigation Strategies
- Higher production efficiency and flexible working methods
- Closer cooperation with suppliers
- Investments in new machinery and greater capacity
- Development of clearer guidelines on sustainable design and product development
- Implementation of targeted measures to address labor rights concerns in Turkey
Supply Chain Management
Supplier Audits: On-site checks of suppliers, especially at the start of new collaborations
Responsible Procurement
- Code of Conduct for Suppliers, sustainability requirements
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI, EU Taxonomy, TCFD
Certifications: ISO 9001, ISO 14001
UN Sustainable Development Goals
- Goal 7 (Affordable and clean energy)
- Goal 8 (Decent work and economic growth)
- Goal 9 (Industry, innovation, and infrastructure)
- Goal 12 (Responsible consumption and production)
- Goal 13 (Climate action)
- Goal 16 (Peace, justice, and strong institutions)
- Goal 17 (Partnerships for the goals)
Systemair contributes to these goals through energy-efficient ventilation systems, responsible business practices, sustainable products, and stakeholder engagement.
Sustainable Products & Innovation
- Geniox, Topvex, Controls platforms; Systemair Fusion product line
Reporting Period: 2023-05 to 2024-04
Environmental Metrics
ESG Focus Areas
- Responsible enterprise
- Sustainable workplace
- Sustainable operations
- Sustainable products
Environmental Achievements
- Reduced Scopes 1 and 2 emissions intensity by 33% relative to the base year 2019/20
- Products delivered contributed to a reduction of 1.9 TWh in energy use, avoiding approximately 500,000 tons of CO2 emissions.
- Reduced absolute Scopes 1 and 2 energy use by 12.3% relative to the previous year
Social Achievements
- Reduced work-related injuries leading to sickness absence by 41%
- Provided 51,200 hours of education and training
- Implemented new processes and systems for supplier control and monitoring
Governance Achievements
- Zero incidents of bribery or corruption
- 100% of largest suppliers comply with Code of Conduct for Suppliers
Climate Goals & Targets
- Net-zero emissions
- 50% reduction in Scopes 1 and 2 emissions intensity by 2030/31
- All production facilities ISO 14001 certified by 2030/31
- Reduce work-related injuries leading to sick leave by at least 15% per year
- Achieve at least 25% female leaders by 2025/26
Environmental Challenges
- Component shortages reducing product availability
- Geopolitical challenges in the supply chain
- Slowdown in the new construction market in Europe
Mitigation Strategies
- Actively reduced high component stocks
- Reviewed supply chains and evaluated suppliers
- Focused on renovation market driven by energy efficiency and sustainability demands
Supply Chain Management
Supplier Audits: On-site checks of suppliers, especially at the start of new collaborations
Responsible Procurement
- Code of Conduct for Suppliers; Supplier portal for easier checking of responsible operations; requiring suppliers to have implemented their own sustainable procurement processes
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Certifications: ISO 14001 (62% of production facilities), ISO 9001 (25 of 26 production facilities)
UN Sustainable Development Goals
- 3, 5, 7, 8, 9, 11, 12, 13, 16, 17
Systemair contributes to these SDGs through its energy-efficient ventilation systems, commitment to gender equality, focus on energy efficiency, human rights procedures, sustainable materials, and efforts to reduce greenhouse gas emissions and combat corruption.
Sustainable Products & Innovation
- Energy-efficient ventilation products; air handling units with energy recovery; air curtains