Evolis
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Social Achievements
- Launched employee well-being program (implied by mention of employee profit sharing and retirement benefits)
Governance Achievements
- Adjusted governance system by appointing a General Manager for Group operations in Q2 2017
Climate Goals & Targets
Environmental Challenges
- Unfavorable base effect due to a large contract in 2015 (Tanzania)
- Postponement of major projects in 2016
- Competition-related risks
- Risks connected with technological advances
- Commercial risks (customer and supplier risks)
- Legal risks connected with intellectual property rights
- Currency risk
Mitigation Strategies
- Ongoing structuring and growth efforts
- Close attention to market developments and new players
- Close monitoring of technological developments
- Payment terms and company procedures to minimize customer default risk
- Regular review and monitoring of suppliers
- Doubled certain supply channels
- Confidentiality and property clauses in contracts
- Hedging transactions to mitigate currency risk
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS