Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Around 90-95% of power consumption from green electricity in 2020
• Installation of a real-time monitoring system for power, heating, and water consumption in 5% of office space in 2020 (planned expansion to 50% in 2021 and 100% by 2025)
• EUR 1 million investment in tree planting to offset emissions
• Construction of Trifork Smart Building One (TSBOne), a sustainable office building using wood and minimizing concrete/steel

Social Achievements

• Implementation of a Teal organizational model promoting employee autonomy and work-life balance
• GOTO universe reaching around 100,000 software professionals with over 20 million YouTube views
• Diversity initiatives aiming to increase female representation in leadership

Governance Achievements

• Commitment to good corporate governance with Board and Executive Management oversight of sustainability
• Planned establishment of ESG boards in all business units in 2021
• High level of competence and awareness regarding Data Privacy policy, with training and compliance measures in place

Climate Goals & Targets

Environmental Challenges

• High employee churn (14.9% in 2020)
• Need to improve data collection and reporting on environmental metrics

Mitigation Strategies

• Strive to reduce employee churn to around 7%
• Implementation of a real-time monitoring system for resource consumption
• Setting out realistic and ambitious 2030 goals for CO2 reduction once metrics are in place

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Sustainable Development Goals

Environmental Metrics

ESG Focus Areas

• Lowering carbon emission
• Reducing waste of resources due to turnover of hardware
• Support green transition through thought leadership
• Decrease employee turnover rate
• Ensuring a healthy and safe working environment for all Trifork employees
• Prioritising diversity and inclusion from our employees to executive management and board level
• Continous development of employees and supporting talent
• Continously contributing to society through thought leadership
• Enhancing business partner and supplier responsibility
• Maintaining a robust data ethics setup
• Enhancing CSR awareness within Trifork

Environmental Achievements

• Improved methodologies for calculating carbon emissions using the three scopes under the Greenhouse Gas Protocol.
• Purchased 108 acres of forest to preserve the value chain for future Trifork Smart Buildings and contribute to CO2 capture.
• Developed the product Otto, which monitors electricity, heat, and water consumption in office buildings.

Social Achievements

• Slight decrease in employee turnover rate (15.4% in 2022 vs 15.6% in 2021).
• Achieved an equal distribution of genders in the Board of Directors (50% female, 50% male).
• Implemented initiatives to support future talent, including hackerdays, software conferences, and student programs.

Governance Achievements

• Updated CSR Policy and Diversity and Inclusion Policy.
• Enhanced business partner and supplier responsibility by updating the approach in the CSR Policy and Code of Conduct.
• Maintained a whistleblower channel for reporting potential non-compliance.

Climate Goals & Targets

Environmental Challenges

• Carbon footprint related to servers, data centers, and company cars.
• Turnover of hardware used to deliver software solutions to customers.
• Mental health risks for employees in fast-paced working environments.
• Gender diversity gap in the industry.
• Risk of business partners not recognizing the same level of ethical standards.
• Cyber risks and potential human rights harm from advanced AI and algorithms.

Mitigation Strategies

• Initiatives to incentivize employees to work remotely and use electric cars.
• Re-evaluating ESG strategy and efforts.
• Close relationship with leaders in teal organization model to address issues promptly.
• Stress response program with stress coaches.
• Tracking employee happiness and sick days.
• Exploring initiatives to increase gender diversity.
• Whistleblower channel for reporting non-compliance.
• Assessing risks and protecting data in accordance with Data Ethics Policy.

Supply Chain Management

Responsible Procurement

• Code of Conduct for business partners and suppliers.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products and smart buildings.

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol, UN Global Compact

UN Sustainable Development Goals

• SDG 4 (Quality Education)
• SDG 5 (Gender Equality)
• SDG 8 (Decent Work and Economic Growth)
• SDG 12 (Responsible Consumption and Production)

Various initiatives related to employee development, gender diversity, ethical business practices, and environmental responsibility.

Sustainable Products & Innovation

• Otto (energy and water consumption monitoring system)
• Trifork Smart Buildings

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity, and Inclusion (DEI)
• Governance
• Social Impact

Environmental Achievements

• Committed to Science Based Targets and the Danish local initiative 'Klimaalliancen Aarhus', working towards climate neutrality
• Improved method and data quality for largest Scope 3 contributor
• Contributed to impactful AI projects within biodiversity and beach clean-up

Social Achievements

• Updated DEI policy to include ‘Equity’
• Participation in events aimed at getting young people interested in software technologies (e.g., Women in Tech Career Fair)
• 1,210 employees with more than 50 nationalities

Governance Achievements

• Preparing for CSRD by initiating the Double Materiality Assessment, involving stakeholder interviews
• Continuous awareness training (e.g., NIS2 training)

Climate Goals & Targets

Environmental Challenges

• Employee churn rate of 15.8%

Mitigation Strategies

• Not disclosed

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: CSRD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed