NNIT A/S
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:8,773 tCO2e/year (Scope 1, 2, and 3 combined)
Scope 1 Emissions:106 tCO2e/year
Scope 2 Emissions:1,593 tCO2e/year
Scope 3 Emissions:7,974 tCO2e/year
Renewable Energy Share:95%
Total Energy Consumption:10,764,548 kWh/year
ESG Focus Areas
- UN Global Compact
- UN Sustainable Development Goals (SDGs 4, 5, 9, 12)
- Science Based Targets initiative (SBTi)
- Double Materiality Assessment
- EU's CSRD and ESRS
- EU Taxonomy Regulation
Environmental Achievements
- Reduced Scope 1 emissions from 119 tCO2e in 2022 to 106 tCO2e in 2023
- Reduced Scope 2 emissions from 3,123 tCO2e in 2022 to 1,593 tCO2e in 2023
- Expanded Scope 3 reporting to cover seven categories in 2023
Social Achievements
- Maintained high customer satisfaction score (4.0 out of 5 in 2023)
- Improved gender diversity to 34% women in 2023
- Reduced unmanaged employee turnover rate to 13.6% in 2023
- Formed a Diversity and Inclusion Community representing all four regions
Governance Achievements
- Achieved 30% representation of the underrepresented gender on the Board of Directors and in management levels
- Continued focus on good governance practices and compliance with Danish Corporate Governance Recommendations (except for a separate nomination committee)
- Established a whistleblower function
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero emissions (target year not specified)
Medium-term Goals:
- Achieve 30% gender balance in management levels by 2025
Short-term Goals:
- Complete double materiality assessment in the first half of 2024
- Review and update Diversity and Inclusion Policy in 2024
- Set net-zero targets with SBTi by August 2024
Environmental Challenges
- Talent management in a competitive market with talent shortages
- Transforming business processes and deliveries to a more agile setup
- Balancing capacity increases with revenue development to ensure satisfactory margins
- Cybersecurity risks
- Increasing regulatory compliance (e.g., EU legislation, GDPR, ESG requirements)
- Macroeconomic instability impacting customer buying behavior
- Operational risks related to the IT split
- Financial risks related to post-divestment commitments
- Implementing a new financial model and global ERP solution
Mitigation Strategies
- Becoming employer of choice through attracting talent, building engagement, and incentivizing employees
- Establishing a Global Solution Development unit to ensure solution portfolio relevance and drive repeatability
- Implementing a simplified operating model with strong regional ownership and accountability
- Establishing an Information Security function and a Security Steering Committee
- Monitoring and assessing new legal and regulatory requirements
- Closely monitoring pipeline and capacity
- Closely monitoring the IT separation program
- Monitoring obligations and commitments through established forums
- Implementing a new financial model and global ERP solution to improve efficiency and transparency
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, Carbon Disclosure Project (CDP), Science Based Targets initiative (SBTi), EU Taxonomy Regulation, IFRS
UN Sustainable Development Goals
- SDG 4 Quality Education
- SDG 5 Gender Equality
- SDG 9 Industry, Innovation and Infrastructure
- SDG 12 Responsible Consumption and Production
Driving awareness and activities in support of these goals
Awards & Recognition
- Recognition by Gens & Associates and Everest Consulting Group for leading position in life sciences digital solutions