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')