Climate Change Data

JAYS GROUP AB (publ)

Climate Impact & Sustainability Data (2013-05 to 2014-04, 2018)

Reporting Period: 2013-05 to 2014-04

Environmental Metrics

Social Achievements

  • Strengthened the company's position and generated good profitability for the year with the new a-JAYS Five product model.

Environmental Challenges

  • Weak start to the year due to distributor restraint on orders, delays in a-JAYS Five delivery, and overheated market affecting some regions (Asia).
  • Altered conditions at French distributor.
  • Sluggish performance in the US due to a distributor's exclusive right (now non-exclusive).
Mitigation Strategies
  • Opened up the possibility of delivering directly to resellers' main warehouses in France, establishing a branch in Paris.
  • Divided the US market and included the telecom sector, partnering with T-Mobile and Mobileistic.

Supply Chain Management

Responsible Procurement
  • Works with a limited number of suppliers to facilitate open dialogue and monitoring; ensures suppliers respect human rights, have a non-discriminating policy, and ensure acceptable working conditions.

Climate-Related Risks & Opportunities

Awards & Recognition

  • Good Design Award for a-JAYS Five
  • Several awards and praise for a-JAYS Five from various publications (Beatweek Magazine, The Verge, Best Stuff, Gadget Mac, T3 Gadget Magazine)

Reporting Period: 2018

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 Responsibility
  • Ethical Conduct in Production

Environmental Achievements

  • All packaging will be made of recyclable materials; new product series will use paper instead of plastic to reduce environmental impact.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Reach a turnover of 300 MSEK by the end of 2020.
Medium-term Goals:
  • Increase online sales by 10% annually, aiming for 30-50% of total sales within five years.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Negative cash flow from operations due to initially low margins and high costs in 2018.
  • Dependence on key personnel.
  • Supplier risk.
  • Economic conditions.
  • Currency risk (USD and EUR exposure).
  • Potential inability to manage growth effectively.
Mitigation Strategies
  • Restructuring and new management team implemented.
  • New product development strategy to reduce time and costs.
  • Increased online presence and improved product mix.
  • Acquisition of Krusell to improve cash flow.
  • Seeking additional financing through a rights issue.
  • Strengthening relationships with distributors.
  • Diversifying sales to balance currency impact.
  • Implementing effective processes to manage expansion.

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: K3 (Swedish accounting standards)

Certifications: Null

Third-party Assurance: Öhrlings PricewaterhouseCoopers AB

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed