Climate Change Data

Talkpool AG

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Energy efficiency
  • Sustainability
  • Building health
  • Environmental, Social and Governance (ESG) requirements in real estate

Environmental Achievements

  • AI HVAC optimization solution providing 10-25% energy savings and 20-40% reduction in carbon footprint in buildings.
  • Development of smart floor drain for early leakage detection, reducing repair costs by 60%.

Social Achievements

  • Acquired Nordic Proptech, a leading Smart Buildings company in Sweden.
  • Launched 'air4schools' solution optimizing air quality in classrooms.
  • Maintained a healthy price level on communication network services due to Huawei's ban in the US market.

Governance Achievements

  • Divestments of all Talkpool’s legal entities in Africa (except Tanzania) were finalized.
  • Negotiation for the sale of Talkpool Pakistan and Saudi Arabia was near closing by year-end.
  • Talkpool AG acquired 100% of the shares in Talkpool LLC (US).

Climate Goals & Targets

Long-term Goals:
  • Transition to a scalable and sustainable proptech technology incubator
Medium-term Goals:
  • Revenue doubling by 2025
  • EBITDA margin increase to 11-14% by 2025
Short-term Goals:
  • Improve liquidity and equity

Environmental Challenges

  • Cashflow challenges
  • Financing difficulties
  • Corona restrictions and delays
  • Slower than projected IoT market uptake
  • Global shortage of electrical components
  • Civil unrest and natural disasters in Haiti impacting Digicel's infrastructure.
Mitigation Strategies
  • Cost reductions
  • Deleveraging through repayment of unfavorable loans and conversion of convertible loans
  • Geographic focus shift to Europe and Americas
  • Well-dimensioned stocks to secure deliveries
  • Mobilization of teams to restore Digicel's network in Haiti after earthquake and storms.
  • Sale of Talkpool Pakistan and Saudi Arabia.

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products

Sustainable Products & Innovation

  • AI HVAC optimization solution
  • Smart floor drain
  • Smart ventilation system ('air4schools')