Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance
• Responsible Sourcing
• Decent Work & Economic Growth

Environmental Achievements

• Reduced CO2 emissions per revenue by 10% since 2018 (-39% since 2007)
• Reduced CO2 emissions per FTE by 21% since 2018
• GoITloop operation reused/recycled 450,970 units in 2019 (11% increase from 2018)
• 3,500+ tons of CO2 have been climate offset
• Awarded a gold rating by EcoVadis for the third consecutive year (top 1% of 55,000 companies)

Social Achievements

• Launched Children’s Digital Rights initiative in Norway
• Awarded the Social Impact Partner of the Year Award by Cisco
• Supported several charity initiatives across different countries (e.g., Hand in Hand in Kenya, Red Cross in Finland)
• Initiatives to increase diversity and inclusion in the workplace (e.g., Atea Women campaign in Norway, collaboration with Swedish Public Employment Service)

Governance Achievements

• Updated Code of Conduct
• Achieved ISO 37001 anti-bribery management system certification in Sweden and the Baltics
• Maintained Prime Status with Oekom Research

Climate Goals & Targets

Environmental Challenges

• Supply chain risks related to working conditions, human rights abuses, and environmental impact
• Data privacy and online abuse
• Cybersecurity

Mitigation Strategies

• Active engagement with suppliers through RBA membership and assessments
• Implementation of robust data privacy and security programs
• Employee security education and participation in governmental advisory boards on cybersecurity

Supply Chain Management

Supplier Audits: 93.3% of suppliers assessed for social and environmental impacts

Responsible Procurement

• RBA Code of Conduct
• Supplier Code of Conduct
• Social and environmental criteria for new manufacturing suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, Level Core, UN Global Compact

Certifications: ISO 14001, ISO 37001 (Sweden and Baltics)

UN Sustainable Development Goals

• SDG 5
• SDG 8
• SDG 9
• SDG 12
• SDG 13
• SDG 16

Atea's initiatives contribute to these goals through various programs and partnerships.

Awards & Recognition

• EcoVadis Gold
• Social Impact Partner of the Year Award (Cisco)
• Sustainability Index Award

Environmental Metrics

ESG Focus Areas

• Business Ethics
• Climate Change
• Circularity
• Handprint
• Responsible Sourcing
• Customer Privacy
• Technology in Society

Environmental Achievements

• 28.9% CO2 reduction in 2020 (consistent reduction since 2018)
• 453,210 units reused/recycled using Atea’s Goitloop in 2020 (new all-time high)
• 3,500 tons of CO2 were offset within company operations

Social Achievements

• Integration and inclusivity projects, such as job-matching for asylum seekers
• 99% of Atea’s workforce completed new Code of Conduct training
• Zero actual whistleblower cases reported

Governance Achievements

• Established a sustainability committee to assist the Board of Directors
• Atea was awarded the highest rating in environmental and social performance by EcoVadis (Platinum)
• Atea retained its ISO certifications (14001, 9001, 20000-1, 27001)

Climate Goals & Targets

Environmental Challenges

• Responsible sourcing of minerals from high-risk countries (potential for human rights abuses)
• Ensuring full control of working conditions in a complex supply chain
• Data security and customer privacy

Mitigation Strategies

• Active membership in the Responsible Business Alliance (RBA)
• Continuous monitoring of the supply chain for conflict minerals
• Supplier assessments on social and environmental impacts (95% assessed in 2020)
• In-depth assessments of suppliers with specific allegations or transparency issues (24 assessments performed)
• Robust data privacy program compliant with national laws and GDPR

Supply Chain Management

Supplier Audits: 95% of suppliers assessed on social and environmental impacts; 24 in-depth assessments performed

Responsible Procurement

• Atea’s Code of Conduct, aligned with the RBA Code of Conduct
• Monitoring for conflict minerals
• RBA membership

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, Level Core, UN Global Compact

Certifications: ISO 14001, ISO 9001, ISO 20000-1, ISO 27001

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 9 (Industry, Innovation and Infrastructure)
• Goal 12 (Responsible Consumption and Production)
• Goal 13 (Climate Action)

Atea's initiatives contribute to these goals through its focus on renewable energy, circular economy, emission reductions, and sustainable IT solutions.

Awards & Recognition

• EcoVadis Platinum rating
• Latvia's Sustainability Index Fair Trade Award
• Denmark's 'best data cleaner in the industry' award

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Atea was awarded the highest rating in environmental and social performance by EcoVadis in 2021, ranking Atea in the top 1% of 85,000 organizations evaluated globally.
• Ranked as the world’s most sustainable company in the IT Services Division, by Corporate Knights (Global 100 Index 2022).
• Financial Times and Statista ranked Atea among European companies that made the greatest progress in curbing greenhouse gas emissions.
• Received an A-rating for ESG Reporting at the Oslo Stock Exchange (Governance Group).

Social Achievements

• Atea has worked systematically to promote health among employees and to improve safety and environmental standards at the workplace.
• Women represented 25.0% of the Group's employees at 31 December 2021, compared with 23.7% at the end of the previous year.
• Won the Dell Technologies 2021 EMEA Excellence in Social Impact award.

Governance Achievements

• Atea’s guidelines for Corporate Governance are in accordance with the Norwegian Code of Practice for Corporate Governance.
• Recognized as one of the most sustainable corporations in the world by Corporate Knights.
• Recognized as a “Transparency Partner” by Nasdaq.

Climate Goals & Targets

Environmental Challenges

• Global supply shortages in the electronics industry limited hardware deliveries to customers.
• Supply chain constraints in the global electronics industry limited deliveries to customers and resulted in delays in major projects.

Mitigation Strategies

• Atea acquired inventory to secure hardware deliveries to customers during a period of supply constraints in the electronics industry.
• Atea expects that current supply chain constraints will ease over the course of 2022, enabling greater shipment volumes and a falling order backlog by year end.
• Implemented the “One Atea” program to better align strategy and operations across geographies.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, UN Global Compact, Carbon Disclosure Project, Responsible Business Alliance

Third-party Assurance: Yes, from 2021

Awards & Recognition

• Highest rating by EcoVadis
• World’s most sustainable company in IT Services by Corporate Knights
• Among Europe’s Climate Leaders by Financial Times and Statista
• A-rating for ESG Reporting at the Oslo Stock Exchange
• Transparency Partner by Nasdaq
• Dell Technologies 2021 EMEA Excellence in Social Impact award

Environmental Metrics

ESG Focus Areas

• Climate Change
• Circularity
• Human Rights

Environmental Achievements

• Reduced Scope 1 and Scope 2 emissions by 46.1% since 2019.
• 79.5% of energy consumption from renewable sources in 2022.
• 62% of all client and mobile devices collected through Goitloop gained a prolonged lifecycle in 2022.
• Customers saved 58,937 tons of CO2 by giving IT products a second life through Goitloop service in 2022.

Social Achievements

• Launched Atea Climate Challenge to provide climate training to employees.
• Established a new director on the board with a Sustainable Business position.

Governance Achievements

• Established a Sustainability Committee in 2020.
• Fully integrated sustainability goals into the group strategic business plan in 2022.
• Updated internal process for risk assessment to a quarterly frequency in 2022.

Climate Goals & Targets

Environmental Challenges

• Increasing costs of Guarantees of Origin (GOs) for renewable energy.
• Increased overall Scope 3 emissions despite reductions in some categories.
• Complexity of allocating emissions to different customers.

Mitigation Strategies

• Investing in energy efficiency activities and adopting innovative technologies such as solar panels.
• Implementing an environmental and quality management system (ISO 14001 and 9001).
• Developing tools to more easily visualize for customers the emissions from their IT purchases.
• Ongoing efforts to reduce electricity and energy consumption.
• Improving data collection and reporting on Scope 3 emissions.

Supply Chain Management

Supplier Audits: 14 suppliers assessed in 2022 (80% of hardware spend, 66% of software spend)

Responsible Procurement

• RBA Code of Conduct
• Atea Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Wildfires
• Drought
• Heavy flooding
• Extreme temperature increases
• Power shortages

Transition Risks

• Increased carbon taxes
• Changes in market prices for Guarantees of Origin (GOs)
• Changes in customer demands
• Regulatory changes

Opportunities

• Increased demand for lower-emission products and services
• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: Science Based Targets initiative (SBTi), Greenhouse Gas Protocol, UN Global Compact

Certifications: ISO 14001, ISO 9001

UN Sustainable Development Goals

• SDG 5
• SDG 8
• SDG 9
• SDG 12
• SDG 13

Atea's efforts focus on Gender Equality, Decent work and economic growth, Industry, Innovation and infrastructure, responsible consumption and production and climate action.

Sustainable Products & Innovation

• Goitloop

Environmental Metrics

ESG Focus Areas

• Climate change
• Circularity
• Responsible sourcing
• Business ethics
• Technology in society
• Customer privacy & data security
• Gender equality
• Decent work and economic growth
• Industry, innovation, and infrastructure
• Responsible consumption and production
• Peace, justice, and strong institutions

Environmental Achievements

• Achieved a 53% reduction in Scope 1 and 2 emissions from the base year (2019), surpassing the -50% target.
• Achieved a 37% reduction in Scope 3 emissions from the base year (2019).
• Increased share of renewable electricity used in Atea operations to 88.9%, increasing the share of renewable energy to 62.2%.
• Recovered 760,900 units using Atea’s take-back services in 2023, a 26% increase compared to 2022.
• Customers saved 88,812 tCO2e by giving IT products a second life through take-back services, a 51% increase compared to 2022.

Social Achievements

• 99.5% completion rate of the Code of Conduct training.
• Published group-wide Diversity and Inclusion and Anti-discrimination and Harassment policies.
• Employee Net Promoter Score (eNPS) scores of +22, +27, and +54 for Atea Global Services, Atea Logistics, and Atea Sweden respectively.

Governance Achievements

• Atea was ranked 41st overall and 1st in the IT services industry among the world’s most sustainable companies by Corporate Knights.
• Atea received an A rating in CDP’s annual climate change questionnaire.
• Atea maintained “Prime” (highest) status by ISS ESG.
• Atea earned the highest rating in environmental and social performance by EcoVadis for the fourth consecutive year.

Climate Goals & Targets

Environmental Challenges

• Market volatility in the Nordic IT infrastructure market.
• Supply chain disruptions due to missile attacks on cargo ships in the Red Sea.
• Price inflation.
• Data readiness for widespread customer adoption of AI technology.

Mitigation Strategies

• Maintaining a healthy balance of debt, equity, and working capital.
• Working closely with at least two primary vendors in each product category to boost competition and avoid vendor risk.
• Quickly adjusting prices to compensate for cost inflation.
• Developing a Climate Transition Plan aligned with the TCFD framework.
• Investing in employee development and training.

Supply Chain Management

Supplier Audits: 71 suppliers assessed in 2023 (87% of direct spend on hardware and software).

Responsible Procurement

• Supplier Code of Conduct
• Sustainability Mapping Tool

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI Standards, EU Taxonomy, TCFD

Certifications: ISO 9001, ISO 14001, ISO 27001, ISO 37001

Third-party Assurance: Deloitte AS

UN Sustainable Development Goals

• Goal 5
• Goal 8
• Goal 9
• Goal 12
• Goal 13
• Goal 16

Atea supports all 17 SDGs and focuses particularly on these six goals.

Sustainable Products & Innovation

• Take-back services
• Refurbished IT equipment

Awards & Recognition

• EcoVadis Platinum rating
• Corporate Knights Global 100 ranking (41st overall, 1st in IT services)
• CDP A rating
• ISS ESG Prime status
• Financial Times Europe’s Diversity Leaders ranking (50th spot among IT companies)
• Financial Times and Statista Europe’s Climate Leaders

Environmental Metrics

ESG Focus Areas

• Climate Change

Environmental Achievements

• 88.9% renewable electricity by 2023 (target 100% by 2025)
• 52.8% reduction in Scope 1 and 2 GHG emissions by 2023 (target 80% by 2030)
• 36.6% reduction in Scope 3 GHG emissions by 2023 (target 50% by 2030)
• Recovered over 760,000 IT units in 2023 (target 1:1 ratio of units sold vs. recovered by 2030)

Social Achievements

• Not disclosed

Governance Achievements

• Establishment of a Sustainability Committee in 2020
• Implementation of a three-lines-of-defense Enterprise Risk Management (ERM) structure

Climate Goals & Targets

Environmental Challenges

• Increased carbon prices impacting expenditures
• Potential supply shortages of Guarantees of Origin (GOs)
• Disruptions in the supply chain caused by extreme weather conditions
• Changing temperatures and precipitation patterns affecting operations and supply chain
• Increased demand for low-carbon solutions requiring investment in new technologies

Mitigation Strategies

• Investment in energy-saving activities to reduce dependency on the grid
• Exploring alternative ways of acquiring 100% renewable electricity if GO prices remain high
• Collaboration with Responsible Business Alliance (RBA) to improve supply chain sustainability
• Investment in energy-efficient technologies and methodologies to meet EU Energy Efficiency Directive (EED) requirements
• Developing low-carbon products and services

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Code of Conduct based on RBA Code of Conduct
• Collaboration with Responsible Business Alliance (RBA) and Responsible Minerals Initiative (RMI)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events disrupting supply chain
• Changing temperatures and precipitation patterns affecting operations
• Increased cooling demands for data centers and offices

Transition Risks

• Increased carbon prices
• Increased prices for Guarantees of Origin (GOs)
• Increased demand for low-carbon solutions

Opportunities

• Demand for low-carbon products and services
• Transition to low-carbon energy sources

Reporting Standards

Frameworks Used: IFRS S2, SBTi Net-Zero standard, GHG Protocol, EU Taxonomy

Certifications: Null

Third-party Assurance: Independent third-party verification of emissions inventory

UN Sustainable Development Goals

• SDG 13 (Climate Action)

Aligning with the Paris Agreement's 1.5°C scenario and SBTi targets

Sustainable Products & Innovation

• Energy-efficient hardware
• Data center optimization services
• Goitloop service for IT equipment recovery

Awards & Recognition

• Not disclosed