Climate Change Data

Dustin Group AB (publ)

Climate Impact & Sustainability Data (2020-09 to 2021-08, 2022-09-01 to 2023-08-31)

Reporting Period: 2020-09 to 2021-08

Environmental Metrics

Total Carbon Emissions:934,000 tCO2e/year
Scope 1 Emissions:151 tCO2e/year
Scope 2 Emissions:132 tCO2e/year
Scope 3 Emissions:932,000 tCO2e/year
Renewable Energy Share:100% (in all premises, warehouses and data centers in the Nordic region)
Total Energy Consumption:7,729 MWh/year
Waste Generated:569 tons/year
Carbon Intensity:64 tCO2e per SEK 1 million in net sales (excluding Centralpoint)

ESG Focus Areas

  • Climate change
  • Circularity
  • Social equality

Environmental Achievements

  • Reduced comparable Scope 3 emissions by 34%
  • Reduced direct emissions (Scope 1) by 31%
  • Reduced indirect emissions (Scope 2) by 61%
  • Increased share of sold eco-labeled products to 32%
  • All premises in integrated operations powered by renewable energy
  • Solar panels installed at Nordic central warehouse

Social Achievements

  • Conducted ten activities for social equality
  • Implemented an anonymised recruitment process
  • Launched a focus week for diversity and inclusion
  • Provided diversity and inclusion training for all employees
  • Conducted 21 factory audits

Governance Achievements

  • Published a fully reviewed and audited Corporate Responsibility Report for the third consecutive year
  • Implemented reporting in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) framework

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2030
Medium-term Goals:
  • Achieve zero climate impact in the value chain by 2030
  • Be 100% circular by 2030
  • Conduct 100 initiatives for social equality by 2030
Short-term Goals:
  • Achieve at least 28% eco-labeled products
  • Establish interim targets for climate impact by 2023/24

Environmental Challenges

  • Supply chain disruptions and component shortages due to the coronavirus pandemic
  • Longer delivery times on custom orders
  • Limited access to customers' offices impacting service and solution sales
Mitigation Strategies
  • Maintained good access to products through positive relationships with partners
  • Implemented a more dynamic purchasing strategy to secure product availability
  • Developed alternative sourcing strategies
  • Consolidated smaller Nordic data centers to four, improving energy efficiency

Supply Chain Management

Supplier Audits: 21 factory audits conducted

Responsible Procurement
  • Supplier Code of Conduct
  • Regular risk analyses and factory audits
  • Conflict mineral risk assessments

Climate-Related Risks & Opportunities

Physical Risks
  • Rising prices for purchased goods and supply chain disruptions due to extreme weather events
Transition Risks
  • Inability to meet future demand for sustainable products and services
  • Reduced ability to attract investments due to declining sustainability ranking
  • Inability to attract employees due to lack of clear sustainability agenda
Opportunities
  • Competitive advantages by exceeding stakeholder demands for sustainability
  • Lower operating costs through reduced transport, packaging, and energy consumption

Reporting Standards

Frameworks Used: GRI, TCFD

Third-party Assurance: Ernst & Young AB

UN Sustainable Development Goals

  • SDG 13: Climate action
  • SDG 12: Responsible consumption and production
  • SDG 8: Decent work and economic growth
  • SDG 5: Gender equality
  • SDG 16: Peace, justice and strong institutions

Dustin's sustainability strategy and initiatives contribute to these goals through climate neutrality, circularity, social equality, diversity and inclusion, and ethical business practices.

Reporting Period: 2022-09-01 to 2023-08-31

Environmental Metrics

Total Carbon Emissions:1,311,642 tCO2e/year
Scope 1 Emissions:501 tCO2e/year
Scope 2 Emissions:597 tCO2e/year
Scope 3 Emissions:1,310,544 tCO2e/year
Renewable Energy Share:81%
Total Energy Consumption:10,289 MWh/year
Waste Generated:996,063 tons/year (non-hazardous) + 175,779 tons/year (hazardous)
Carbon Intensity:55.6 tonnes CO2e/MSEK net sales

ESG Focus Areas

  • Climate
  • Circularity
  • Social Equality

Environmental Achievements

  • Total emissions decreased 9%, totaling 1,311,642 tonnes of CO2e.
  • Emissions intensity decreased from 60.7 to 55.6 tonnes of CO2e per million SEK in net sales.
  • 81% renewable electricity used throughout operations (95% in Nordics).

Social Achievements

  • Ten activities to promote social equality were completed.
  • Implemented a risk-based methodology for selecting suppliers to audit for private labels.
  • Factory audit conducted on 100% of high-risk suppliers for private labels.

Governance Achievements

  • Formalised Dustin’s due diligence programme.
  • One whistle-blowing case was registered and investigated.

Climate Goals & Targets

Medium-term Goals:
  • Achieve climate neutrality throughout the value chain by 2030.
  • Achieve 100% circularity by 2030.
  • Complete 100 initiatives for social equality by 2030.
Short-term Goals:
  • Reduce CO2e/MSEK net sales by 25% over the next three years.
  • 100% renewable electricity for offices, warehouses, and data centers by 2025/2026.
  • Reduce kg CO2e per shipment from central warehouses to end customers by 1%.

Environmental Challenges

  • Generally weak demand, mainly for hardware.
  • Challenging external factors creating new conditions, increasing demands on internal transformation.
  • Transformation and change expending internal strength and energy.
Mitigation Strategies
  • Focus on capital efficiency, reduced indebtedness, and greater internal synergies.
  • Growing customer base in SMB and improving margins in LCP.
  • Consolidated operations, implemented a Group-wide organization, and developed a shared IT platform.

Supply Chain Management

Supplier Audits: 15 factory audits (100% of high-risk factories)

Responsible Procurement
  • Supplier Code of Conduct
  • Risk-based audit methodology
  • Conflict-free minerals

Climate-Related Risks & Opportunities

Physical Risks
  • Increased severity of extreme weather events leading to decreased production capacity and disruptions in the value chain.
Transition Risks
  • Decreased confidence and loss of customers due to slower climate transition compared to competitors.
  • Reduced sales due to changes in customer needs for lower-impact products and services.
  • Reduced ability to attract investments if sustainability agenda is not accelerated.
Opportunities
  • Improved processes and efficiency enhancements increasing resource efficiency and capital assets.
  • Increased demand for circular business models expanding offerings and sales linked to services and takeback.

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD

Third-party Assurance: Ernst & Young AB

UN Sustainable Development Goals

  • SDG 8: Decent work and economic growth
  • SDG 5: Gender equality
  • SDG 16: Peace, justice and strong institutions
  • SDG 12: Responsible consumption and production
  • SDG 13: Climate action

Report details how initiatives contribute to these goals.

Sustainable Products & Innovation

  • Refurbished products
  • Takeback program