Vitec Software Group AB (publ)
Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Implemented a new internal control framework based on a decentralized governance model.
- Increased financing to SEK 1,000 million for future investments in acquisitions.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic and its potential impact on operations and risk management.
Mitigation Strategies
- Initiated discussions within the Board focusing on risk management in the context of the virus outbreak.
- Enabled the business to run as normally as possible.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Swedish Companies Act, Swedish Annual Accounts Act, Rule Book for Issuers on Nasdaq Stockholm, Swedish Corporate Governance Code, IFRS
Certifications: Null
Third-party Assurance: PricewaterhouseCoopers AB
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Swedish Companies Act, Swedish Annual Accounts Act, Rule Book for Issuers on Nasdaq Stockholm, Swedish Corporate Governance Code
Certifications: Null
Third-party Assurance: PricewaterhouseCoopers AB
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Enabling products
- Empowered people
- Reduced footprint
- Responsible growth
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- choose suppliers and partners who act professionally and with ethical correctness and for example, consider human rights and anticorruption as a matter of course
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Paris agreement, European Green Deal and UN’s Agenda 2030 and Global Goals for Sustainable Development
endeavor to contribute to the achievement of these goals
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
Social Achievements
- Proposed and implemented an incentive program for all employees.
- Actively working to increase the proportion of female CEOs in business units.
Governance Achievements
- Complies with the Swedish Corporate Governance Code without exception.
- Established a gender-balanced board (three women and three men).
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: Swedish Corporate Governance Code
Third-party Assurance: PricewaterhouseCoopers AB