Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Sustainability
• Energy Efficiency
• Resilience

Environmental Achievements

• Global annual buildings-related carbon emissions appear to have peaked, at least temporarily, at around 9.5 gigatonnes of CO2 (GtCO2) in 2013, then decreasing to 9.0 GtCO2 in 2016.
• Policy efforts, technology choice and energy efficiency measures all helped to avoid 24 EJ of final energy demand growth in buildings between 2010 and 2016.

Social Achievements

• Many countries in the European Union have legislation in place for indoor air quality, thermal comfort and daylighting.
• Skanska’s renovated office in Bentley Works (United Kingdom) showed that employee sick days decreased by three days on average compared to other Skanska offices.

Governance Achievements

• 132 NDCs explicitly mention the buildings sector.
• The Global Covenant of Mayors for Climate and Energy now involves more than 7,500 local authorities.

Climate Goals & Targets

Environmental Challenges

• Buildings-related CO2 emissions have continued to rise by around 1% per year since 2010.
• More than four million deaths each year are attributable to illness from household air pollution.
• Current policies and investments fall short of what is needed to meet global climate ambitions.
• Rapid growth in inefficient and carbon-intensive buildings investments, especially in developing countries.

Mitigation Strategies

• Greater effort is needed to implement strategic policies and market incentives to encourage broad uptake of energy saving and sustainable solutions.
• Deep energy renovations of existing buildings.
• Sound balance of regulatory tools (e.g. building energy codes), incentives and financing tools, information and capacity building, and support for successful business models that attract private-sector investments and innovative solutions.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme temperatures
• Violent weather

Environmental Metrics

ESG Focus Areas

• Energy efficiency
• Sustainable development

Environmental Achievements

• Developed climate-smart product creating energy savings and improved indoor climate
• Reduced raw material and consumable costs by approximately SEK 14.5 million (year-over-year)

Social Achievements

• Reduced number of employees from 39 to 24 to adapt to lower net sales
• Implemented a cost-saving action plan

Governance Achievements

• Completed a fully guaranteed rights issue raising SEK 94.1 million before issue costs

Climate Goals & Targets

Environmental Challenges

• Coronavirus pandemic impacting order intake and delaying adjustments to sputter machines
• Lack of production quality in electrochromic film previously purchased from suppliers
• Delays in incoming orders

Mitigation Strategies

• Implemented cost-saving action plan reducing operating expenses
• Installed two new sputtering machines to control the entire production process
• Completed a rights issue to raise capital

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• ConverLight™ Dynamic
• ConverLight® Paragon ECO
• ConverLight® Static
• ConverLight® Energy
• Solar Panels

Environmental Metrics

ESG Focus Areas

• Energy efficiency
• Environmental impact reduction

Environmental Achievements

• Developed ConverLight® Interlayer, enabling easier production of smart dynamic glass, reducing transportation needs and environmental impact from production, transport and use.
• Reduced external costs through lower costs for rented personnel and consultants.

Social Achievements

• Replaced many consultants with employees.
• Improved production rate of one thin film by quadrupling it.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Weakened market situation.
• Challenges in production with mechanical robustness, creating production shortages and waste.
• Higher costs for raw materials and consumables due to COVID-19 delays and more expensive input goods.
• Increased costs related to the first batches of ITO film produced in-house.
• Previous faulty glass deliveries requiring redeliveries.

Mitigation Strategies

• Increased the robustness of production and reducing waste levels with the help of experts.
• Savings program reducing staff (primarily agency personnel and consultants).
• Developed and applied for a patent for ConverLight® Interlayer to simplify partner production.
• Developed next-generation control system, halving the cost per glass and enabling fully wireless installations.
• Focusing on communal properties (nursing homes, schools, preschools) in Sweden.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Increasing requirements around ESG and energy streamlining.

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ConverLight® Dynamic
• ConverLight® Static
• ConverLight® Interlayer

Awards & Recognition

• Not disclosed