Climate Change Data

Nedap N.V.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1,083 tCO2e/year

ESG Focus Areas

  • Employees
  • Operations
  • Partners/products
  • Customers

Environmental Achievements

  • Reduced carbon emissions by 3.0% compared to 2021 (1,083 metric tons of CO2 in 2022 vs 1,115 in 2021). CO2 per FTE dropped by 9.2% (from 1,439 to 1,307 kg).
  • 37% of company vehicles are electric or hybrid (up from 27% in 2021).
  • Smarter packaging reduced volume by up to 70% and carbon emissions.

Social Achievements

  • Launched new training programs and committed to 40 hours of development per employee annually (47% of surveyed employees achieved this in 2022).
  • Established an employee-founded open platform on diversity and inclusion.
  • Offered financial coaching to employees due to inflation and rising energy costs.

Governance Achievements

  • Expanded the Board of Directors to three members.
  • Established an Alignment team to improve Nedap-wide decision-making.
  • Implemented a new remuneration policy for the Board of Directors and Supervisory Board.

Climate Goals & Targets

Medium-term Goals:
  • Net-zero carbon emissions (scopes 1 and 2) by 2030.
  • Stop using gas altogether by 2030.
  • Completely phase out fossil fuel company vehicles by 2030.
  • Gender ratio in senior management to align with the overall gender ratio of Nedap by 2025.
Short-term Goals:
  • Halve gas consumption compared to 2019 levels by 2025.
  • All employees to spend at least 40 hours per year on development.

Environmental Challenges

  • Supply chain disruptions due to component shortages and geopolitical factors.
  • High inflation and volatile market conditions.
  • Pressure on profit margins due to increased cost of sales and sales & marketing spending.
  • Security incident in Carenzorgt.nl digital health environment.
Mitigation Strategies
  • Increased inventiveness and perseverance of employees.
  • Closely tracking volatile market conditions.
  • Raising sales prices (though with delayed effect).
  • Making the supply chain more robust, flexible, and scalable.
  • Investing in propositions with above-average growth potential.
  • Implementing a Create-Scale-Core model for proposition management.
  • Improving internal communications.
  • Addressing the security vulnerability in Carenzorgt.nl and optimizing crisis management protocols.
  • Investing in cybersecurity.

Supply Chain Management

Supplier Audits: At least once a year for strategic partners.

Responsible Procurement
  • Code of conduct
  • Supplier sustainability requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Supply chain disruptions due to climate events
Opportunities
  • Development of energy-efficient products

UN Sustainable Development Goals

  • SDG 8
  • SDG 5
  • SDG 13
  • SDG 12

Initiatives contribute to decent work and economic growth, gender equality, climate action, and responsible consumption and production.

Sustainable Products & Innovation

  • Nedap SmartFlow (milk flow meter)
  • Nedap Now cloud platform
  • iSenseGo (shoplifting prevention)
  • iD Cloud Sustainability

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:904 tons CO2e/year (Scope 1 & 2)
Scope 1 Emissions:877 tons CO2e/year
Scope 2 Emissions:27 tons CO2e/year

ESG Focus Areas

  • Sustainability
  • Diversity, Equity and Inclusion (DEI)
  • Artificial Intelligence (AI)

Environmental Achievements

  • Reduced Scope 1 and 2 CO2 emissions per FTE from 1307 kg in 2022 to 988 kg in 2023.
  • Achieved EcoVadis silver rating (top 15% globally).
  • 53% of company fleet is electric or hybrid (2022: 37%).
  • Conducted a double materiality analysis.

Social Achievements

  • Increased number of employees to 1013 (2022: 909).
  • 52% of employees achieved the target of 40 hours of personal development (2022: 47%).
  • Defined DEI policy based on employee interviews and discussions.
  • Implemented Nedap Leadership Framework.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2030 (Scope 1 & 2)
Medium-term Goals:
  • Stop using gas altogether by 2030.
  • Achieve net-zero Scope 1 and 2 emissions by 2030.
Short-term Goals:
  • Halve gas consumption compared to 2019 levels by 2025.
  • 27% female representation in senior management by 2025.

Environmental Challenges

  • Supply chain volatility.
  • Capacity limits in installing and commissioning projects.
  • Softening market conditions towards the end of 2023.
  • Inability of grid operators to upgrade power connection to support net-zero goals.
Mitigation Strategies
  • Increased product deliveries to catch up on backlogs.
  • Took measures to slow down the supply chain at the end of the year.
  • Refined strategic plans for key markets.
  • Established the Nedap AI task force.
  • Identified alternative sourcing strategies for supply chain.

Supply Chain Management

Supplier Audits: Audits conducted on key suppliers to ensure compliance with sustainability standards and information security demands.

Responsible Procurement
  • Code of conduct
  • Sustainability criteria in supplier selection

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: CSRD

Certifications: ISO 9001, ISO 14001, ISO 27001 (Security Management, Identification Systems, Healthcare), NEN7510, ISO27701, ISO27018 (Healthcare), SOC 1 (Retail), pursuing SOC 2

Third-party Assurance: PwC

UN Sustainable Development Goals

  • SDG 8
  • SDG 13
  • SDG 5

Initiatives contribute to decent work, climate action, and gender equality.

Sustainable Products & Innovation

  • iSense sleep mode
  • Energy-saving locker management solution
  • UV lamp driver technology
  • Nedap Now cloud platform

Awards & Recognition

  • EcoVadis silver rating