Climate Change Data

Pierce Group AB (publ)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:89296 tCO2e/year
Scope 1 Emissions:2893 tCO2e/year
Scope 2 Emissions:829 tCO2e/year
Scope 3 Emissions:85574 tCO2e/year

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Inbound and outbound transportation emissions decreased approximately 60% and 30% respectively during 2023 compared to the previous year.
  • Most of our lighting in the Warehouse and PDC office has been changed to LED, which is reducing our energy consumption and emissions.
  • Initiatives to reduce packaging included changes in carton box cutting techniques to minimize empty volume, reuse of inflatable void filling material, adjustments to machines inflating filling material for better space utilization, repair of broken pallets using existing team resources, optimization of pallet foil wrapping to save material, and the reuse of packaging materials for client returns, provided they are in good condition.

Social Achievements

  • In 2023, 24 employees with special capabilities (hearing impediment and autism) working in PDC.
  • PDC trained 10 students from local schools in Supply Chain theory and practice during the year. And had open days for schools with 50 teenagers visiting PDC.
  • Ongoing initiatives within the Group to enhance engagement and development include supporting employees in driving schools to boost motorcycle ridership spirit.

Governance Achievements

  • In 2023, there has been no convictions, fines nor confirmed incidents for violation of anti-corruption and anti-bribery laws.

Climate Goals & Targets

Environmental Challenges

  • The lion’s share of Pierce’s environmental footprint is indirect, meaning it is mainly caused by the production of the products that we sell.
  • We acknowledge that our environmental footprint concerns the emissions of greenhouse gases as well as natural resource use, and there is an ongoing effort to improve our knowledge of how we impact our surroundings.
Mitigation Strategies
  • As part of our Sustainability strategy, we will seek ways to influence our suppliers to reduce our indirect environmental footprint.
  • We are actively looking to minimize the environmental impact, especially for our own brand products.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards 2021

UN Sustainable Development Goals

  • 3.1

The Eezer Initiative partnership aligns with the United Nations Sustainable Development Goal 3.1, aiming to reduce maternal mortality.