Climate Change Data

Transition Technologies MS S.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:119.13 tCO2e (market-based method) / 90.6 tCO2e (location-based method)
Scope 1 Emissions:19.83 tCO2e
Scope 2 Emissions:99.3 tCO2e (market-based) / 70.77 tCO2e (location-based)
Scope 3 Emissions:95.81 tCO2e
Renewable Energy Share:56.12% (Europe only)
Total Energy Consumption:123.85 MWh (Europe only)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced carbon footprint by 57% in 2023
  • Planted 7,000 trees
  • Regenerated two turf peat bogs

Social Achievements

  • Maintained a non-corporate environment fostering employee well-being
  • Organized various sports events (TTMS GO!, Runmageddon, IT Championship, Poland Business Run, Run Up Varso Tower)
  • Offered additional vacation days in Malaysia and a training fund

Governance Achievements

  • Implemented and maintained an information security management system (ISO/IEC 27001)
  • Updated Code of Conduct to include harassment, diversity, equality, inclusion, child labor, forced labor, and substance abuse
  • Introduced a Human Rights Policy

Climate Goals & Targets

Short-term Goals:
  • Climate neutrality in the very short term

Environmental Challenges

  • Economic slowdown and increased market competition
  • Time difference affecting efficiency in Malaysia
  • Limited supply of IT employees with the right competencies
Mitigation Strategies
  • Increased sales activities, successful investments, and cost optimization
  • Established local company in Kuala Lumpur (2017)
  • Flexible HR management, co-financing training, and offering competitive employment conditions

Supply Chain Management

Responsible Procurement
  • Preference for local vendors

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: PN-ISO 14001

UN Sustainable Development Goals

  • Goal 11
  • Goal 13
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 9
  • Goal 16

The report details how TTMS operations contribute to these goals.

Awards & Recognition

  • Partner for Climate 2022