Climate Change Data

Konsolidator A/S

Climate Impact & Sustainability Data (2019, 2020)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Social Achievements

  • Increased number of employees from 5 to 20.

Governance Achievements

  • Started measuring gender diversity and customer satisfaction.

Climate Goals & Targets

Environmental Challenges

  • Longer than expected launch of digital marketing platform.
  • Challenges in finding the right sales representatives in the UK and Sweden.
Mitigation Strategies
  • Focus on digital marketing and online sales to reduce customer acquisition cost and expand to more markets.
  • Continued efforts in Denmark, England, Sweden, and DACH.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced CO2 emissions by 52-79% for customers by using Microsoft Azure.
  • Converted almost all sales meetings, onboarding meetings, and workshops from face-to-face to online, minimizing transport.

Social Achievements

  • Launched employee satisfaction surveys to improve work environment and retention.
  • Achieved 96.3% customer retention rate.
  • Improved Net Promoter Score (NPS) to 50, exceeding the SaaS industry average of 30.

Governance Achievements

  • Plans to follow Danish recommendations on corporate governance in 2021.
  • Prioritizes board diversity.

Climate Goals & Targets

Long-term Goals:
  • Become the preferred consolidation software and the de facto standard globally.
Medium-term Goals:
  • Achieve an ARR of DKK 57 million by 2023.
Short-term Goals:
  • Double the number of new customers in 2021.

Environmental Challenges

  • Delays in establishing sales teams in the UK and DACH markets.
  • Lower interest in sales meetings in Q2 2020 due to higher uncertainty caused by COVID-19.
  • Slowdown in sales activities in Q4 2020 due to budget freezes.
  • Data security breaches.
Mitigation Strategies
  • Transitioned to virtual sales and onboarding meetings.
  • Focus on widening sales channels (direct sales, sales partners, strategic partnerships).
  • Transferred all data to Microsoft Azure.
  • Annual penetration tests and ISAE 3402 certification planned for IT security.
  • Engaged an information security specialist.

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: Danish Financial Statements Act

Certifications: Null

Third-party Assurance: Deloitte Statsautoriseret Revisionspartnerselskab

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed