Climate Change Data

Mycronic AB (publ)

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:16,089 tonnes CO2e
Renewable Energy Share:~45%
Total Energy Consumption:10,286 MWh
Water Consumption:21,431 m3

ESG Focus Areas

  • Innovation for sustainability
  • Future engineers through diversity
  • Climate impact from own operations

Environmental Achievements

  • Reduced own CO2 emissions by 10% compared to 2020 (excluding business travel, where 2019 is the base year).
  • Phased out the use of heating oil at all facilities.
  • Achieved ~45% renewable energy share in purchased electricity.

Social Achievements

  • Launched a global network for women at Mycronic.
  • Continued to drive diversity and inclusion initiatives at local sites.
  • Engaged in various collaborations to promote engineering among youth.

Governance Achievements

  • Complied with the Swedish Code of Corporate Governance in all respects.
  • Established new financial and sustainability targets for 2027-2030.
  • Completed a self-assessment of Board and C-suite understanding of Mycronic’s key impacts, strategy, and work on sustainability.

Climate Goals & Targets

Long-term Goals:
  • Achieve SEK 10 billion in net sales by 2027-2030.
  • Achieve SEK 2 billion in EBIT by 2027-2030.
Medium-term Goals:
  • Reduce own CO2 emissions by 50% by 2030 (from 2020 levels).
  • Reduce mask writer lifecycle emissions by >70% by 2030 (Pattern Generators division).
Short-term Goals:
  • Finalize target setting, organize and train employees, and study and test solutions to address main challenges (2023-2025).

Environmental Challenges

  • Supply chain disruptions due to Covid-19, component shortages, and the war in Ukraine.
  • Weaker consumer electronics market in China.
  • High energy consumption of gas lasers in mask writers.
Mitigation Strategies
  • Adapted quickly to changing market conditions and maintained short delivery times.
  • Shifted focus to electric vehicles and other growth segments.
  • Developed energy-efficient SLX mask writer (solid-state laser) and working on alternatives for display mask writers.
  • Increased use of sea and rail freight.
  • Optimized processes to reduce transportation of goods.

Supply Chain Management

Supplier Audits: 6 audits conducted in 2022 (including one of a new supplier), no major deviations identified.

Responsible Procurement
  • Supplier Code of Conduct (covering environmental and social criteria)
  • Responsible Alliance Code of Conduct (for new suppliers in China)
  • Assessment of compliance with RoHS and REACH regulations.

Climate-Related Risks & Opportunities

Transition Risks
  • Compliance risks linked to new laws and regulations.
Opportunities
  • Green transition of the electronics industry creating new business opportunities.

Reporting Standards

Frameworks Used: GRI Standards

Third-party Assurance: Ernst & Young AB (statutory sustainability statement)

UN Sustainable Development Goals

  • Goal 7
  • Goal 9
  • Goal 12
  • Goal 4
  • Goal 5
  • Goal 8
  • Goal 3
  • Goal 8
  • Goal 12
  • Goal 12
  • Goal 16

Mycronic's initiatives contribute to these goals through environmental innovation, diversity and inclusion programs, climate action, and responsible business practices.

Sustainable Products & Innovation

  • SLX mask writer (energy-efficient solid-state laser).