Climate Change Data

Bravida Holding AB (publ)

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:22,697 tCO2e (Scope 1)
Scope 1 Emissions:22,697 tCO2e/year
Scope 2 Emissions:1,810 tCO2e/year (market-based), 701 tCO2e/year (location-based)
Scope 3 Emissions:3,321 tCO2e/year
Renewable Energy Share:26%
Total Energy Consumption:13,419 MWh/year
Water Consumption:396 m3/year
Waste Generated:993 tons/year
Carbon Intensity:0.86 tCO2e/SEK million

ESG Focus Areas

  • Climate impact, energy and use of resources
  • Social responsibility
  • Conduct

Environmental Achievements

  • Reduced Lost Time Injury Frequency Rate (LTIFR) by 19 percent.
  • 11 percent of the vehicle fleet now consists of electric vehicles.
  • 26% of Bravida premises have contracts guaranteeing the purchase of renewable electricity (Sweden).

Social Achievements

  • LTIFR decreased in all countries during the year.
  • Increased the proportion of women leaders to 8 percent.
  • 1,246 people participated in the apprenticeship programme.

Governance Achievements

  • Started supporting the Task Force on Climate-related Financial Disclosures (TCFD) framework.
  • 53% of Bravida's major suppliers were verified and accepted the Supplier Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Climate-neutral throughout the entire value chain by 2045.
Medium-term Goals:
  • Reduce own and customers' emissions by 55% by 2030.
  • Increase the proportion of women leaders to 14 percent by 2025.
Short-term Goals:
  • Reduce own emissions by 30% by 2025.
  • Increase renewable electricity in premises to 100% by 2025.
  • Reduce LTIFR to below 5.5 by 2023.
  • Reduce short-term sickness absence to below 3 percent by 2023.

Environmental Challenges

  • Inflation, energy crisis, and war in Europe.
  • Delivery problems and rising prices.
  • Capacity problems in some locations.
  • Skills shortage in automation and energy sectors.
  • Lack of reliable data on scope 3 emissions.
  • Lack of environmental product declarations (EPDs) for many products.
Mitigation Strategies
  • Developed alternative sourcing strategies.
  • Implemented a new purchasing system to improve data collection.
  • Strengthened employer branding and recruitment efforts.
  • Launched pilot projects to improve emissions calculations.
  • Engaged in dialogue with suppliers and customers on sustainability requirements.

Supply Chain Management

Supplier Audits: 7 audits carried out in 2022

Responsible Procurement
  • Supplier Code of Conduct aligned with UN Global Compact.

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme heat
Transition Risks
  • Regulatory changes
  • Market shifts
  • Supply chain disruptions
Opportunities
  • Increased demand for energy-efficient products and services.

Reporting Standards

Frameworks Used: UN Global Compact, TCFD

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Automation solutions
  • Energy management systems
  • Renewable energy technologies

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:396,000 tCO2e (Scope 1-3)
Scope 1 Emissions:18,466 tCO2e/year
Scope 2 Emissions:3,415 tCO2e/year
Scope 3 Emissions:341,000 tCO2e/year
Renewable Energy Share:51%
Total Energy Consumption:17,760 MWh/year
Waste Generated:4,461 tons/year (Denmark, scaled up)

ESG Focus Areas

  • Environment
  • Social responsibility
  • Governance

Environmental Achievements

  • CO2 emissions in relation to sales decreased by 9 percent (Scope 1)
  • 25 percent of our vehicle fleet was electric by year-end
  • New purchasing system implemented, allowing for the creation of more comprehensive sustainability information

Social Achievements

  • LTIFR decreased by 3 percent
  • Staff turnover decreased to 11.6 (12.9) percent

Governance Achievements

  • Bravida joined SBTi, the Science Based Targets initiative
  • New information security management system with launch scheduled for 2024

Climate Goals & Targets

Long-term Goals:
  • Reduce our own emissions CO2=0 throughout our entire value chain (Scopes 1-3) by 2045
Medium-term Goals:
  • Reduce our own and our customers’ emissions by 55 percent compared to 2020 (Scopes 1 and 2) by 2030
Short-term Goals:
  • Reduce CO2 emissions from our own business operations by 30 percent compared to 2020 (Scopes 1 & 2) by 2025
  • Increase the proportion of women leaders to 14 percent by 2025

Environmental Challenges

  • Challenging market with economic headwinds, cash flow and lower profitability in three Danish regions
  • Uncertainty, interest rate rises and inflation have resulted in the postponement of some investment decisions
  • High staff turnover in the industry
Mitigation Strategies
  • Implementing effective measures in Denmark and reviewing opportunities for cost savings throughout the Group
  • Working proactively with requirements management and achieving faster invoicing
  • Investing in our recruitment processes and building an internal recruitment agency
  • Focusing on leadership development and integrated leadership model "Lead business – lead people"

Supply Chain Management

Supplier Audits: 1 (2023)

Responsible Procurement
  • Code of Conduct for Suppliers
  • Supplier assessment

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme heat
Transition Risks
  • High carbon taxes
  • Complex climate reporting
  • Shortage of low-carbon products
  • Supply chain disruptions due to extreme weather
Opportunities
  • Increased demand for energy-efficient solutions
  • Opportunities for energy optimisation services
  • Increased reporting requirements regarding sustainability data

Reporting Standards

Frameworks Used: UN Global Compact, EU Taxonomy Regulation, EU Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS), Science Based Targets initiative (SBTi)

Certifications: ISO 9001, ISO 14001, ISO 45001

Third-party Assurance: KPMG AB

Sustainable Products & Innovation

  • Energy-efficient equipment
  • Renewable energy technologies
  • Building automation
  • Electric car charging
  • Energy Management
  • GreenHub fossil-free service
  • Solar panels