Climate Change Data

Adevinta ASA

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:4,604 tCO2e/year
Scope 1 Emissions:35 tCO2e/year
Scope 2 Emissions:1,549 tCO2e/year
Scope 3 Emissions:3,010 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:6,596 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:16.8 tonnes CO2e emissions/turnover € million; 21.1 tonnes CO2e emissions/employee

ESG Focus Areas

  • Circular Economy
  • Energy Use and Greenhouse Gas Emissions
  • Waste Reduction
  • Sustainable Investments and Ownership
  • Privacy
  • User Safety and Fraud Protection
  • Fair Business Practices
  • Sustainable Supply Chain
  • Diversity and Inclusion
  • Skills Development and Knowledge Sharing
  • Health and Wellbeing of Employees
  • Community Engagement
  • Charitable Donations

Environmental Achievements

  • Potentially saved 19.1 million tonnes of carbon dioxide emissions through second-hand transactions.

Social Achievements

  • Launched Adevinta Avenues, a global career framework.
  • Rolled out 'I Love Radical' training to 500 employees on constructive feedback.
  • Launched Adevinta Machine Learning Academy, training over 200 employees.
  • Achieved 77% overall employee engagement score (6% increase from 2019).

Governance Achievements

  • Split Code of Conduct into two documents: Code of Ethical Conduct and Principles of Corporate Responsibility.
  • Reviewed and adjusted whistleblowing policy.
  • Completed Adevinta’s global human resources system.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Climate change influencing consumer behavior (e.g., shift from combustion engine cars).
  • Sustainability regulations and legislation impacting supply chain costs and customer behavior.
  • Increased investor interest in ESG matters requiring greater transparency.
  • Growth of the digital economy creating new opportunities for fraudsters.
Mitigation Strategies
  • Investing in trust-related features (automated ad reviews, user profiles, ratings).
  • Deploying anti-fraud capabilities and solutions.
  • Developing a Global Procurement policy with sustainability and compliance checks for suppliers.
  • Engaging third-party providers for supplier screening.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Developing a Global Procurement policy with sustainability and compliance checks.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Changes in consumer behavior (e.g., shift from combustion engine cars).
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards: Core option, Euronext Guidelines for Environmental, Social and Governance (ESG) reporting

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 12: Responsible Consumption and Production

Second Hand Effect contributes to reducing waste generation and promoting sustainable consumption.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:4710 tCO2e/year
Scope 1 Emissions:12 tCO2e/year
Scope 2 Emissions:2612 tCO2e/year
Scope 3 Emissions:3273 tCO2e/year
Renewable Energy Share:13.7% of total energy use (744 MWh)
Total Energy Consumption:5449 MWh/year
Carbon Intensity:1.3 tCO2e/€ million turnover (Scope 1 & 2, location-based)

ESG Focus Areas

  • Circular and responsible consumption
  • Purpose-driven and inclusive marketplace
  • ESG governance, data, and fraud protection

Environmental Achievements

  • Users potentially saved 23.7m tonnes of CO2e and 10.9m tonnes of materials through the Second Hand Effect in 2021.

Social Achievements

  • Employees from 95 different nationalities; male/female ratio of 59/41.
  • Donated around €109,000 to various non-profit organizations, hospitals, and schools.
  • Launched Smart Working Policy to enhance flexibility, trust, and empowerment.

Governance Achievements

  • Developed a Supplier Code of Conduct addressing human rights, labor rights, environment, anti-corruption, data protection, and information security.
  • Conducted a comprehensive internal cybersecurity audit and a third-party assessment on data privacy.
  • No confirmed incidents of corruption in 2021.

Climate Goals & Targets

Environmental Challenges

  • Growing fraud opportunities in the digital economy.
  • Need to harmonize GHG emissions data across operations.
  • Data limitations in reporting due to legal restrictions and system misalignment.
Mitigation Strategies
  • Investing in anti-fraud capabilities and solutions.
  • Implementing a three-phase approach to setting emissions targets (verification, baselining, target setting).
  • Developing new data collection structures and improving reporting systems.

Supply Chain Management

Responsible Procurement
  • Global Procurement policy with risk-based approach.
  • Supplier Code of Conduct.
  • Sustainable Sourcing policy.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, Euronext Guidelines for ESG reporting

UN Sustainable Development Goals

  • Goal 8 (Decent Work and Economic Growth)
  • Goal 13 (Climate Action)
  • Goal 15 (Life on Land)

Initiatives such as the Second Hand Effect and community engagement contribute to these goals.

Awards & Recognition

  • Sustainability leader in the Dow Jones Sustainability Index (DJSI) Europe.

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:40,279 tCO2e/year
Scope 1 Emissions:197 tCO2e/year
Scope 2 Emissions:1991 tCO2e/year
Scope 3 Emissions:37,091 tCO2e/year
Total Energy Consumption:17,054 MWh/year
Waste Generated:771 tons/year
Carbon Intensity:30.8 tonnes CO2e/€ million turnover (Scope 1 & 2, location-based)

ESG Focus Areas

  • Circular Economy
  • Data Protection & Safety
  • User Privacy, Safety & Fraud Protection
  • Good Corporate Governance
  • Diverse & Inclusive Workforce
  • GHG Emissions & Energy Use
  • Responsible Supply Chain Management
  • Attract, retain & develop talent

Environmental Achievements

  • Developed a GHG data collection and harmonisation protocol and created a GHG calculation tool
  • Offset 2021 GHG emissions by purchasing 4,710 Gold Standard verified carbon credits
  • Leboncoin won the Sustainable Digital Challenge Gold Prize by migrating data cluster to energy-efficient servers and implementing back-end cleaning
  • Published the 2021 Second Hand Effect report highlighting potential savings on emissions and resources from second-hand transactions (28.2m tonnes CO2e saved)

Social Achievements

  • Continued building a strong inclusive culture with high scores for diversity, equity, and inclusion in the 2022 engagement survey
  • Piloted a purpose-driven leadership programme
  • Launched employee assistance programme
  • Completed Adevinta Gender Audit and created a three-year gender roadmap
  • Held bi-weekly Authentic Allyship Workshops
  • Launched a new e-learning management system
  • Supported Ukraine at a group level

Governance Achievements

  • Defined a process to embed ESG metrics into Adevinta’s main short-term incentive scheme from 2023
  • Issued a new Code of Ethical Conduct and ran company-wide training
  • Issued a new Speak Up policy
  • Launched a Supplier Code of Conduct and complemented existing Anti-Bribery and Corruption policy with Conflict of Interest and Gifts, Hospitality and Entertainment policies
  • Included in the Dow Jones Sustainability Index (DJSI) Europe
  • Launched a new global cyber security strategy

Climate Goals & Targets

Long-term Goals:
  • Transition to renewable energy and reduce GHG emissions
Medium-term Goals:
  • Set GHG emission reduction targets based on 2022 baseline
Short-term Goals:
  • Embed ESG metrics into Adevinta’s main short-term incentive scheme

Environmental Challenges

  • Supply chain disruptions (implied)
  • Need to improve communication of company vision and taking action based on employee survey results
  • Managing the environmental impact of data centers
  • Expanding coverage of Scope 3 emissions data
Mitigation Strategies
  • Developed alternative sourcing strategies (implied)
  • Special focus on communication and action in 2023
  • Internalized GHG calculation process, established GHG data collection protocol, and created a GHG calculation tool
  • Prioritized nine Greentech best practices for wider adoption
  • Working with Adevinta’s IT leadership to create a group-wide greentech strategy

Supply Chain Management

Supplier Audits: Over 200 vendors assessed for security in 2022

Responsible Procurement
  • Global Procurement policy
  • Supplier Code of Conduct
  • Sustainable Sourcing policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option, Euronext Guidelines for ESG reporting

Awards & Recognition

  • Dow Jones Sustainability Index (DJSI) Europe

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:267,650 tCO2e/year
Scope 1 Emissions:484 tCO2e/year
Scope 2 Emissions:1,795 tCO2e/year
Scope 3 Emissions:265,371 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:15,259 MWh/year
Water Consumption:Not disclosed
Waste Generated:314 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Circular economy
  • GHG emissions and energy use
  • Diverse and inclusive workforce
  • Data protection and safety
  • Good corporate governance

Environmental Achievements

  • Established GHG baseline emissions to guide material reduction targets
  • Offset 2022 GHG emissions by purchasing 42,938 Gold Standard-verified carbon credits
  • Developed and approved a green tech strategy

Social Achievements

  • Updated policies and created new programmes in response to findings from our gender audit in 2022
  • Launched Adevinta Academy as a one-stop learning platform
  • Held second in-person A4E conference

Governance Achievements

  • Integrated ESG metrics into short-term management incentive plans
  • Integrated control and monitoring mechanisms into our Procurement Quality Governance Framework
  • Completed ESG internal audit

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • By 2024, at least 40% of the members of the executive management are women
Short-term Goals:
  • Set clear ESG strategies, policies and processes to hit our sustainability targets, including clear targets for reducing our carbon footprint by 2024
  • Increase diversity at senior leadership and middle management level, as well as within the product and technology team by 2024

Environmental Challenges

  • Challenges in complying with new regulations and directives that form part of the European Green Deal
  • Challenges in centralising learning and development due to different teams, countries, and regulations
  • Challenges in complying with health and safety regulations due to decentralized placement and disparities in interpretation across jurisdictions
Mitigation Strategies
  • Created a roadmap with clear stages for compliance with CSRD and the EU taxonomy
  • Launched Adevinta Academy, a learning platform for all employees
  • Started a comprehensive review process and drafting a new Global Health and Safety Policy

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct Policy, Sustainable Sourcing Policy, Global Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: Core option, CSRD (partially), EU Taxonomy (partially)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed