Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate-adapted production
• Safe, stimulating and inclusive workplace
• Sound business relations and stable financial development

Environmental Achievements

• CO2 emissions, Scope 1, as a percentage of sales decreased by 17% (from 2.95 to 2.45 tons CO2 equivalents/SEK million in sales)

Social Achievements

• Number of incidents per FTE reduced by 22%
• Number of accidents per FTE reduced

Governance Achievements

• No cases of corruption were reported or discovered
• One whistleblower case reported, no violations revealed

Climate Goals & Targets

Environmental Challenges

• Higher need for ground maintenance due to more rainfall and warmer temperatures (climate change)
• Higher competition from housing construction companies in Finland
• Increased credit risk due to changes in the economic situation
• Higher interest expenses due to higher interest rates
• Potential for cost increases due to inflation and higher fuel prices
• Risks associated with acquisitions (miscalculations of value, unexpected costs, unsuccessful integration)
• Seasonal variations and weather impacts on sales and earnings
• Risks related to legal disputes and claims exceeding insurance coverage
• Inflation risk impacting prices for materials and salaries

Mitigation Strategies

• Indexation clauses in most multi-year contracts to adjust prices based on inflation
• Hiring temporary employees to adapt to sudden changes in demand
• Careful monitoring of credit risk
• Continued profit generation and improved cash flow despite rising interest rates
• Comprehensive acquisition processes with defined decision points
• Preparedness for temporary weather changes and offering alternative services
• External communication to manage expectations regarding weather and seasonal variations
• Risk management through safety regulations, health & environmental standards, incident reporting
• Comprehensive acquisition processes with defined decision points

Supply Chain Management

Responsible Procurement

• Code of Conduct
• Supplier sustainability requirements
• Checking supplier credit rating, F-tax certificate, ID06 compliance, and confirmation of legal compliance

Climate-Related Risks & Opportunities

Physical Risks

• More rainfall and warmer temperatures leading to increased ground maintenance needs
• Milder winters with less snow and ice removal

Opportunities

• Increased demand for climate change mitigation services

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs 8, 9, 11, 12, 15)

Certifications: ISO 14001:2015 (Environmental Management), ISO 9001:2015 (Quality Management), ISO 45001 (Occupational Health and Safety), BF9K (construction sector management and product certification)

Third-party Assurance: Grant Thornton Sweden AB

UN Sustainable Development Goals

• SDG 8
• SDG 9
• SDG 11
• SDG 12
• SDG 15

The Group's sustainability platform is based on the UN's 17 Sustainable Development Goals, focusing on SDGs 8, 9, 11, 12, and 15.