Climate Change Data

Environmental Metrics

ESG Focus Areas

• Circular economy
• Climate change mitigation
• Climate change adaptation
• Resource efficiency
• Human rights
• Employee well-being
• Governance

Environmental Achievements

• Opened a solar park in Finland producing up to 1 MWp of electricity.
• Switched to renewable heating (pellets) in some facilities.
• Increased the share of virtual meetings to reduce travel emissions.
• Improved packing instructions for more efficient transport.
• Implemented EcoDriving training to improve fuel efficiency.
• Installed motion detectors and implemented procedures to shut down machines during breaks and weekends.
• Implemented a new water treatment plant at a car dismantling facility in Östersund to clean and reuse process water.
• Improved production planning to minimize waste and avoid unnecessary energy consumption.

Social Achievements

• Implemented a group-wide whistleblower channel.
• Updated Code of Conduct, Code of Conduct for Suppliers and Partners, and Equal Treatment Policy.
• Prepared the first HRDD (Human Rights Due Diligence) report for the Norwegian segment.
• Welcomed trainees from Transportgymnasiet and adult education centers.
• Supported and sponsored several local associations and athletes.

Governance Achievements

• Adopted a new ESG strategy.
• Started preparing for CSRD reporting.
• Strengthened the Board of Directors with a new chairman and vice chairman.
• Established an Audit Committee and a Compensation Committee.

Climate Goals & Targets

Environmental Challenges

• Economic fluctuations impacting business.
• Industry changes driven by technological advances and regulations.
• Increased costs associated with inflation.
• IT and information security risks.
• Difficulty attracting and recruiting necessary skills.
• Health and safety risks (chemical handling, machinery, etc.).
• Supplier risks (failure to meet requirements).
• Impairment of acquisition-related intangible assets.
• Interest rate risk.
• Liquidity risk.
• Credit risk associated with trade receivables.
• Foreign exchange risk.
• Data protection compliance.
• Corruption and non-compliance with competition law.
• Physical climate risks (wildfires, floods, etc.).
• Transition risks to a low-carbon economy.

Mitigation Strategies

• Flexible and agile strategic planning, continuous market monitoring, investment in talent and development, diversification of offerings, strong partnerships.
• Continuous monitoring of market trends, investment in talent and development, diversification of product and service offerings, strong partnerships and networks.
• Adapting operations, efficiency improvements, cost review, cautious approach to new projects.
• Comprehensive strategy including risk assessment, security policy, staff training, incident response plan, and supply chain security.
• Effective recruitment processes, internal career paths, succession planning, trainee programs.
• Training for managers on work environment, implementation of local guidelines, alignment with national legislation.
• Code of conduct for suppliers, defining expectations for business ethics, human rights, labor conditions, climate, environment, and sustainability.
• Careful screening of potential acquisitions, regular tests of segments, experienced acquisitions department and Board.
• Monitoring interest rate market, adjusting debt structure, optimizing interest costs, variable interest rate debt portfolio.
• Monthly cash flow and liquidity forecasts, group-wide cash pool.
• Aging trade receivables, identifying older receivables requiring action, annual credit insurance policy.
• Currency management policy, special currency accounts for foreign companies.
• Code of Conduct emphasizing data protection, ongoing work to ensure proper handling of personal data.
• Code of Conduct defining principles and standards for behavior, business conduct, anti-corruption measures, and anonymous whistleblowing channel.
• Climate risk and vulnerability assessment for each facility, development of adaptation measures.
• Understanding future requirements of a low-emission economy, investment in new technology, cooperation with experts.

Supply Chain Management

Responsible Procurement

• Code of Conduct for Suppliers and Partners

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires
• Floods
• Heavy rainfall
• Heat stress
• Heatwaves

Transition Risks

• Existing technology failing to meet future low-emission economy requirements.

Opportunities

• Increased demand for used car parts in a low-carbon economy.

Reporting Standards

Frameworks Used: CSRD (in preparation)

Certifications: ISO 9001 (25% of units), ISO 14001 (50% of units)

UN Sustainable Development Goals

• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action

Reducing climate impact, promoting sustainable consumption and production.

Sustainable Products & Innovation

• Remanufactured car parts