CD PROJEKT S.A.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:323,203 tCO2e (market-based) / 322,527 tCO2e (location-based)
Scope 1 Emissions:27 tCO2e
Scope 2 Emissions:1,686 tCO2e (market-based) / 1,644 tCO2e (location-based)
Scope 3 Emissions:320,856 tCO2e (market-based) / 320,856 tCO2e (location-based)
Renewable Energy Share:2.9%
Total Energy Consumption:11,420 GJ
Water Consumption:6,040 m3
Waste Generated:8.28 tons
Carbon Intensity:Emissions per employee (location-based): 1.44 tCO2e/person in 2022; Emissions per m2 of space used (location-based): 0.12 tCO2e/m2 in 2022
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced Scope 1 GHG emissions by 27% (10 tCO2e reduction) in 2022 compared to 2021.
- Installed 328 photovoltaic panels with a total capacity of 100 kWp, generating 92.8 MWh of electricity in 2022.
- Implemented an Environmental Policy.
Social Achievements
- Launched the first edition of the “Girls in the Game!” mentoring and scholarship program.
- Organized the 4th edition of the Promised Land Art Festival.
- Decreased employee turnover rate by nearly 6% to 14.3% in 2022 compared to 2021.
- Increased the share of women in the workforce to 32% in 2022.
Governance Achievements
- Created a separate ESG team within Investor Relations.
- Adopted an Anti-corruption Policy.
- Instituted a new whistleblowing system.
- Updated the existing whistleblowing system.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Increase employee engagement score to at least 75% by 2025.
- Improve team diversity by 2023.
- Submit to EMAS certification by 2023.
- Reduce carbon footprint in Scope 2 by expanding renewable energy infrastructure by at least 40% and modernizing IT infrastructure by 2023.
Environmental Challenges
- Risk associated with availability and recruitment of specialists
- Risk associated with departure of team members
- Risk of noncompliance with employment regulations
- Risk of facing regulatory and market pressure to undertake activities related to environmental and climate protection
- Risk of temporary restriction of access to distribution channels
- Cybersecurity risks
- Risk of unavailability of IT infrastructure or service
- Risk associated with processing personal data
- Risk associated with entering new market segments
- Risk associated with intellectual property rights
- Risk related to collaboration with key suppliers
- Risk associated with focusing on a limited number of projects
- Risk of failure to meet production goals
Mitigation Strategies
- Implemented a Risk Management Procedure.
- Established a Risk Management Committee.
- Improved working conditions and compensation packages to reduce employee turnover.
- Adopted the CD PROJEKT Group Information Security Policy.
- Implemented a formal CD PROJEKT S.A. Compliance Management Policy.
- Introduced a new whistleblowing system.
- Developed procedures which are part of an environmental management system.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Screening suppliers regarding quality, environmental and social aspects.
Climate-Related Risks & Opportunities
Physical Risks
- Heavy rainfall
- Heat waves
- Water stress
- Sea level change
- Electrical outages
Transition Risks
- Increased energy prices
- Increased product prices
- Additional financial liabilities related to EU climate regulations
- Additional non-financial reporting obligations
- Penalties for failing to observe environmental regulations
- Increased expenditures to upgrade equipment
- Reduced interest in energy-intensive games
- Increased expenditures due to changes in logistics
- Loss of key technology partners
- Loss of customers due to insufficiently ambitious approach to climate change
- Greenwashing accusations
Opportunities
- Increased reliance on less energy-intensive cloud solutions
- Decreased expenses due to improved energy efficiency
- Industry leadership in climate-friendly approach
- Deploying eco-friendly solutions at new buildings
Reporting Standards
Frameworks Used: GRI Universal Standards, SASB
Certifications: Null
Third-party Assurance: Deloitte Audyt Sp. z o.o. sp. k.
UN Sustainable Development Goals
- Not disclosed
Goals aligned with the UN’s 2030 Agenda for Sustainable Development.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:337,938 tCO2e/year (location-based) or 337,968 tCO2e/year (market-based)
Scope 1 Emissions:28 tCO2e/year
Scope 2 Emissions:1911 tCO2e/year (location-based) or 1941 tCO2e/year (market-based)
Scope 3 Emissions:335,999 tCO2e/year (market-based)
Renewable Energy Share:2.9% of total energy use
Total Energy Consumption:13,575 GJ/year
Water Consumption:7,252 m3/year
Waste Generated:10.69 tons/year
Carbon Intensity:0.11 tCO2e/m2 (location-based) or 0.11 tCO2e/m2 (market-based)
ESG Focus Areas
- Reducing greenhouse gas emissions in the value chain and implementing energy-efficient solutions
- Strengthening the DEI culture at CD PROJEKT by, among others, fostering inclusive leadership
- Offering a competitive salary package and equal opportunities for advancement
- Ensuring comfort at work and taking care of work-life balance
- Building engaged communities around our products
- Implementing accessibility features in our games
- Responsible communication and marketing of products
- Involvement in community initiatives and cooperation with NGOs
- Management and protection of intellectual property
- Business ethics
- Cybersecurity and data protection
- Transparency in relations with business partners
Environmental Achievements
- Obtained an EU EMAS certificate in October 2023, becoming the first gaming company in Poland to do so.
- Increased the generating potential of solar energy infrastructure by 31.68 kWp (31.06% increase).
- Modernized IT infrastructure, resulting in a 2.8% reduction in electricity consumption.
Social Achievements
- Increased team engagement score to 72% (a 2pp increase compared to the end of 2022).
- Conducted a survey of career development barriers faced by female employees, resulting in recommendations and action points.
- Published the “Fair Play Code for Suppliers” to improve supplier vetting.
- Initiated educational activities in business ethics.
Governance Achievements
- Established an ESG Management Group comprising top managers.
- Improved the process of vetting business partners and published a Supplier Code of Conduct.
- Increased the number of team members who received whistleblower, anti-corruption, and GDPR training.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Increase employee engagement score to at least 75% by 2025.
- Maintain gender pay gap at a maximum of 2%.
Short-term Goals:
- Reduce Scope 1 and 2 GHG emissions by 42% by 2030 (compared to 2023 baseline).
Environmental Challenges
- Team-related risks associated with recruitment, retention, and structuring of teams.
- Environmental and climate-related risks related to protection of the natural environment and the climate.
- Governance-related risks of unavailability of IT infrastructure or services, cybersecurity risk, regulatory compliance, cooperation with key suppliers, and intellectual property rights.
Mitigation Strategies
- Updated Risk Management Procedure with enhancements, including a new risk monitoring system based on Key Risk Indicators (KRI).
- Implemented actions to address climate change risks (see Environment section for details).
- Developed and implemented the SpeakUp! Policy for Preventing Irregularities.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Fair Play Code for Suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Floods, power outages, heat waves
Transition Risks
- Increased energy prices, stricter environmental regulations, need to upgrade equipment, reduced interest in energy-intensive games.
Opportunities
- Increased reliance on cloud solutions, improved energy efficiency, leadership in climate-friendly approach, eco-friendly solutions in new buildings.
Reporting Standards
Frameworks Used: GRI Universal Standard, SASB, TCFD
Certifications: EMAS
Third-party Assurance: Deloitte Assurance Polska spółka z ograniczoną odpowiedzialnością sp. k.
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed