Climate Change Data

Kamux Corporation

Climate Impact & Sustainability Data (2020, 2023)

Reporting Period: 2020

Environmental Metrics

Waste Generated:25.86 tons/year (Finland, 45/50 showrooms)

ESG Focus Areas

  • Sensible choices
  • Worth the trust
  • Enthusiasm for work

Environmental Achievements

  • Imported 29% of cars with alternative power sources (hybrid, electric, natural gas) to Finland.
  • CO2 emissions of imported cars averaged 130.7 g/km (NEDC), lower than the Finnish average of 153.5 g/km.
  • Carried out maintenance and repair measures extending the life cycle of 56% of cars sold.

Social Achievements

  • Customer satisfaction remained at 4.3/5.
  • No temporary layoffs or discharges due to the pandemic (except for German lockdown measures).
  • Increased number of employees by 19.8% to 713 FTEs.
  • 50 Kamux employees switched roles within the organization.

Governance Achievements

  • Complied with the Finnish Corporate Governance Code 2020.
  • Established a Shareholders’ Nomination Board.
  • Implemented a remuneration policy aligning interests of the Board, CEO, and shareholders.

Climate Goals & Targets

Medium-term Goals:
  • Increase revenue by over 20% annually (2021-2023)
  • Increase adjusted operating profit annually (2021-2023)
  • Achieve adjusted operating profit margin of over 3.5% (2021-2023)
  • Achieve return on equity (ROE) of over 25% (2021-2023)

Environmental Challenges

  • Corona pandemic and related restrictions impacting customer flow and operations, particularly in Germany.
  • Market uncertainty due to the pandemic.
  • Shortage of used cars in Finland during summer due to decreased new car sales.
Mitigation Strategies
  • Shifted to online sales and remote services in Germany.
  • Implemented contact-free purchase paths.
  • Improved digital customer service channels.
  • Maintained strong cash balance and financial position.

Supply Chain Management

Responsible Procurement
  • Kamux’s procurement guidelines
  • Code of Conduct for suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Finnish Corporate Governance Code 2020, IFRS

UN Sustainable Development Goals

  • Goal 4
  • Goal 8
  • Goal 12

Kamux contributes to SDGs through initiatives related to education, economic growth, and sustainable consumption and production.

Reporting Period: 2023

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: Null

Certifications: Null

Third-party Assurance: PricewaterhouseCoopers Oy

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed