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