Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Switched sourcing of energy to 100% renewable resources at Frequentis AG headquarters.
• Further reduction in total energy consumption of systems approved for delivery to customers’ locations due to increased use of software-only solutions.
• Reduction in fuel consumption at Frequentis AG's site.

Social Achievements

• Launched “Women & Career” initiative to increase the proportion of women at Frequentis.
• Introduced mandatory e-learning module on “Business Ethics and the Code of Conduct”.
• Received “Top Company” award from Kununu employer rating platform.
• Founded Frequentis Safety Community to emphasize the importance of safety.

Governance Achievements

• Established a Group-wide ESG organization to enhance the response to ESG aspects.
• Appointed Monika Haselbacher as Chief Operating Officer (COO) to strengthen the Executive Board's focus on ESG.
• Awarded a silver medal by EcoVadis, ranking among the top 25% of companies evaluated.

Climate Goals & Targets

Environmental Challenges

• Higher inflation due to the war in Ukraine impacting cost of goods, salaries, and earnings.
• Supply chain bottlenecks and delivery delays.
• Increased expenses for business travel and trade shows.

Mitigation Strategies

• Adjusted prices for existing and new customer projects.
• Increased stocking of components to ensure adequate safety net for delivery and maintenance obligations.
• Optimising business trips and incorporating virtual meetings into project work.

Supply Chain Management

Supplier Audits: 9 on-site audits in 2022

Responsible Procurement

• CSR code for suppliers and subcontractors emphasizing respect for human rights, humane working conditions, and environmental issues.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting supply chain and sales.

Opportunities

• Development of energy-efficient products; optimizing traffic flows to reduce pollution.

Reporting Standards

Frameworks Used: GRI Standards 2022, EU Taxonomy Regulation

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 27001:2013, ISO 45001:2018

Third-party Assurance: BDO Assurance GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft

Sustainable Products & Innovation

• IP-based systems; remote digital tower technology; drone management solutions; 5G/LTE for safety-critical applications; software as a service (SaaS) and cloud solutions.

Awards & Recognition

• EcoVadis silver medal; Kununu Top Company award; International Critical Communications Award; Glen A. Gilbert Memorial Award; Safety Engineer and Safety Manager of the Year awards.

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions from air travel by half compared to 2019 levels.
• Sourced 100% of electricity from renewable resources at Frequentis AG.
• More than halved gas consumption for heating at Frequentis AG's Vienna location compared to the previous year.
• Donated 627 kg of used vegetable oil, avoiding 1,921 kg CO2 equivalents.

Social Achievements

• Increased headcount by 6.7% to 2,341 employees.
• Launched a mentoring program for women at the Vienna location.
• Organized remuneration information sessions for employees.
• Implemented a comprehensive occupational health and safety program.
• Established flexible working time models and guidelines on hybrid working.

Governance Achievements

• Established a Group-wide ESG organization.
• Conducted a materiality assessment based on ESRS.
• Implemented a whistleblower system.
• Integrated agents into a Group-wide Channel Management unit.
• Established a partner program for regular engagement and training of channel partners.

Climate Goals & Targets

Environmental Challenges

• Higher prices for electricity, gas, and fuel due to geopolitical tensions and inflation.
• Recurrent supply chain bottlenecks.
• Comparatively low percentage of women employees, especially in technical roles.
• Increasing cyberattacks on critical infrastructure.

Mitigation Strategies

• Adjusted prices for existing and new customer projects.
• Increased stocking of components to ensure adequate supply.
• Implemented the “Women & Careers” initiative to support women's career advancement.
• Implemented extensive security measures, including endpoint protection technologies and internal awareness campaigns.

Supply Chain Management

Supplier Audits: 7 on-site audits in 2023

Responsible Procurement

• CSR code for suppliers and sub-contractors
• Supplier self-assessment
• Emphasis on respecting human rights and labor standards

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Failure to comply with regulations on the circular economy

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 27001:2013, ISO 45001:2018

Third-party Assurance: BDO Assurance GmbH

UN Sustainable Development Goals

• Not disclosed

Frequentis' CSR activities contribute to all 17 SDGs.

Sustainable Products & Innovation

• Solutions for safe and efficient traffic management, reducing CO2 emissions.

Awards & Recognition

• Vienna Stock Exchange Award
• Austria’s Best Managed Companies
• equalitA seal
• Diversity Charter signature
• Top Company award from kununu
• Runner up in the ATM Award in the sustainability category