Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Significantly reduced the number of countries where air transport is used (Outnorth)
• Stopped using air transport for outbound shipments except Svalbard (Fjellsport in 2022)
• Improved transportation solutions for Svalbard to be more sustainable (Fjellsport)

Social Achievements

• Made “Sustainability the Outnordic Way” part of the onboarding process
• Specified in travel policy that plane travel is not allowed for journeys under 5 hours
• Specified recommended hotels and transportation for business trips from a sustainability perspective
• Introduced a system for whistleblowing (2022/2023)
• Included non-binary option in onboarding system

Governance Achievements

• Implemented ESG contract for all suppliers
• Implemented EBIT before and after climate compensation by 2023 (internal reporting)
• Implemented a solution for tracking climate-compensated partners

Climate Goals & Targets

Environmental Challenges

• Reducing CO2e emissions per unit revenue
• Improving waste management
• Lowering emissions from packaging
• Reducing electricity and heating use
• Reducing emissions from food
• Fossil free inbound and outbound transports
• Preventing product returns
• Ensuring all suppliers work according to Outnordic’s code of conduct and ESG contract
• Reducing physical documents and moving to digital solutions

Mitigation Strategies

• Improved packaging & air transport through improved training
• Optimized packaging & air transport
• Strengthened Fjellsport’s policy about donating unsellable products to charity
• Phasing out single-use products
• Actively participating in sustainability discussions within the industry
• No new suppliers approved without signing the ESG contract
• Implementing digital solutions

Supply Chain Management

Responsible Procurement

• ESG contract

Climate-Related Risks & Opportunities