White Pearl Technology Group (WPTG)
Climate Impact & Sustainability Data (2023, 2023-07 to 2023-12)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced carbon dioxide emissions by shipping hardware products by sea instead of air wherever possible.
- Reduced energy consumption through promoting phone and digital meetings and avoiding unnecessary trips.
- Implemented recycling and separation for waste, batteries, and electronics.
Social Achievements
- Launched a strategic talent expansion plan across its Global Delivery Centres, estimating around 15% incremental impact at the Group level.
- Aims to be an attractive place to work and a healthy, open, and safe working environment for its employees.
- Encourages employees to maintain and develop good health and avoid a work environment where stress-related illnesses or long-term sick leaves develop.
- Ensures no employee is discriminated against.
Governance Achievements
- Complies with the corporate governance requirements for companies listed on Nasdaq First North Growth Market Sweden, as well as for Swedish public companies.
- Established an Audit Committee to assist the Board in its work.
- Re-elected Kaijser Konsult AB as auditor.
Climate Goals & Targets
Long-term Goals:
- Business growth exceeding industry growth by continuing to develop its own IPs.
- Maintain a high level of financial and accounting hygiene.
- Gain financial flexibility to make decisions independent of any line of business facing challenges.
- Build a well-diversified business with multiple income streams to support cash generation.
Medium-term Goals:
- Consistent 20-25 percent revenue growth over the next 5-7 years.
- Earnings growth of at least 20 percent over the next 5-7 years.
- Long-term margin of 60-70 percent for IPs.
Environmental Challenges
- Geopolitical risk
- Currency risk
- Operational resilience in diverse regions
Mitigation Strategies
- Seasoned senior management team adept at understanding and preparing for various geopolitical scenarios.
- Geographic diversification acts as a natural hedge against currency fluctuations.
- Robust model that withstands inflationary pressures and minimizes exposure to a spectrum of risks.
Supply Chain Management
Responsible Procurement
- Avoidance of potentially harmful substances in products and production.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: Kaijser Konsult AB
Sustainable Products & Innovation
- Office Tech Tools
- Tech Integra
- Moshtariat
- SalesPipe
- OpenEMR
- Neurofunnels
- Nuevos.io
- Smart Farmer
- Jazenet
- Atom
- Pledge
- Field Origin
Reporting Period: 2023-07 to 2023-12
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
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Launched a strategic talent expansion plan across its Global Delivery Centers, estimating around 15% incremental impact at the group level, focusing on specialized competencies and youth skills while ensuring positive community impact.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Macroeconomic challenges and volatility
- Inflationary pressures
- Talent recruitment, retention and operational costs challenges
- Foreign exchange movement risks
Mitigation Strategies
- Optimization initiatives spanning utilization improvements and global resourcing to manage inflationary pressures and improve profit margins.
- Strategic acquisitions to expand market reach and capabilities (Yima and Taraxy).
- Focus on operational efficiency and new product additions to increase profit margins.
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: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed