Climate Change Data

Transcom Holding AB

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:32,323 tCO2eq (market-based)
Scope 1 Emissions:2,347 tCO2e
Scope 2 Emissions:11,307 tCO2e
Scope 3 Emissions:18,669 tCO2e
Renewable Energy Share:5%
Total Energy Consumption:49,353 MWh
Water Consumption:Not disclosed
Waste Generated:967.6 tons
Carbon Intensity:43.8 tCO2e/MEUR (market-based)

ESG Focus Areas

  • People development
  • Inclusion & diversity
  • Community engagement
  • Environment & climate
  • Business ethics
  • Security & privacy

Environmental Achievements

  • Opened 10 new sites, 1 with environmental certification
  • Reduced business travel through strict travel policy and approval process

Social Achievements

  • 92% Code of Business Conduct training completion rate for recertified and new employees
  • Rollout of a new operating model to improve working conditions (pilot phase in several markets)

Governance Achievements

  • No confirmed incidents of corruption or bribery
  • Implemented a framework of policies, procedures, and guidelines to support cybersecurity compliance

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Develop a climate strategy with firm emission reduction targets (first half of 2024)

Environmental Challenges

  • High Scope 3 emissions from employee commuting
  • High Scope 3 emissions from business travel
  • High energy consumption in operations (Scope 2)
  • Large concentration of operations in emerging markets with limited renewable energy sources
  • Negative environmental impact from acquisition and use of IT equipment
  • Negative environmental impact from e-waste
  • High attrition rates in the sector
  • Potential financial risks from inability to attract and retain employees
  • Potential negative impacts on human rights in the supply chain (temporary agencies/staffing and subcontractors)
  • Risk of data theft or leakage
  • Risk of ransomware attacks
Mitigation Strategies
  • Developing a new climate strategy with firm emission reduction targets (to be finalized in first half of 2024)
  • Selecting environmentally certified buildings when possible and working with landlords to increase renewable energy sources
  • Implementing sound environmental practices such as waste recycling
  • Strict travel policy and rigorous approval process to minimize business travel
  • Strengthening positive impacts to attract, support, develop, and retain employees
  • Implementing a new operating model to improve working conditions
  • Focusing efforts on temporary agencies/staffing and subcontractors to ensure compliance with Supplier Code of Business Conduct
  • Implementing a framework of policies, procedures, and guidelines to support cybersecurity compliance
  • Regular training programs for all employees on security and data protection
  • Risk-based approach to define countermeasures against cyber threats
  • Internal phishing tests to assess readiness to combat cyber-attacks

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Business Conduct (SCoBC)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Potential financial impact of failing to transition to a lower carbon and resilient economy
Opportunities
  • Developing a sound environmental strategy and firm targets for reducing environmental impact

Reporting Standards

Frameworks Used: EU Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standard (ESRS)

Certifications: Null

Third-party Assurance: EY Sweden AB (FAR’s auditing standard RevR 12)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed