Climate Change Data

Addnode Group AB (publ)

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Digital solutions that contribute to sustainable development
  • Care for people and the planet in our own operations
  • The way we work with our partners and suppliers
  • Long-term financial viability
  • Sustainability management and governance

Environmental Achievements

  • Reduced CO2 emissions by 32% at Rentokil through digital twin system (customer case study)

Social Achievements

  • Launched AddVenture competition for employee innovation
  • Implemented self-selection HR planning method at Ida Infront, improving employee satisfaction
  • Donated to charities in India, Sweden, and Australia

Governance Achievements

  • Adopted Group-wide Code of Conduct and Sustainability Policy
  • Launched web-based training on Code of Conduct and Sustainability Policy for all employees (70% completion rate)
  • Established a whistleblower function

Climate Goals & Targets

Long-term Goals:
  • Define KPIs to measure innovation
  • Define a goal for reducing CO2 emissions
  • Develop a Group-wide Code of Conduct for suppliers
Medium-term Goals:
  • Develop a methodology to monitor revenue from solutions that have positive sustainability impacts in customers’ operations
  • Develop processes and tools for managing and controlling supplier chains
  • Set a target for gender division in the Group’s and companies’ management teams
Short-term Goals:
  • Ensure all companies implement processes for customer dialogues and surveys on sustainability
  • Commenced definition of implementation of KPIs for CO2 from air and car journeys
  • Increase awareness and capacity for supplier screening processes within the Group

Environmental Challenges

  • Achieving more equal gender balance among employees and managers
  • Rapidly changing technology and climate change leading to new sustainability expectations
  • Regulatory changes and increasing cybersecurity threats
  • Working with partners that do not act in accordance with responsible business practice
  • Lower profitability could impair ability to continue strategy of investing in organic growth and acquisitions
Mitigation Strategies
  • Working jointly with the IT sector and educational institutions to improve gender equality
  • Nurturing and developing customer relationships to understand needs and changes in the market
  • Monitoring social trends, technological progress, and sustainability issues to adapt products and technology
  • Increased supplier screening in respect of Code of Conduct and sustainability issues
  • Investing in companies and solutions that offer attractive and sustainable opportunities for stakeholders

Supply Chain Management

Supplier Audits: 148 suppliers screened, 69% of total procurement value

Responsible Procurement
  • Code of Conduct and Sustainability Policy
  • Supplier screening based on Code of Conduct

Climate-Related Risks & Opportunities

Opportunities
  • Leverage position in simulation solutions by adding sustainability perspective
  • Increasing regulatory requirements creating needs for solutions supporting transparency and traceability

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001, ISO 27001, ISO 14001, FR 2000

Third-party Assurance: PricewaterhouseCoopers AB

UN Sustainable Development Goals

  • Goal 3
  • Goal 5
  • Goal 8
  • Goal 9
  • Goal 11
  • Goal 13

Addnode Group's digital solutions contribute to these goals through various applications in different sectors.

Sustainable Products & Innovation

  • Digital twin solutions for sustainable design and resource management
  • BIM software
  • PLM solutions for closed-loop product development
  • Digital solutions for efficient public administration

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Digital solutions that contribute to sustainable development
  • Care for people and planet in our own operations
  • The way we work with our partners and suppliers
  • Long-term financial viability
  • Sustainability management and governance

Environmental Achievements

  • Implemented the GHG protocol methodology to measure CO2e emissions from business travel by air and car.
  • All offices in the sample conducted at least 3 of the 9 priority activities. On average, the 29 offices took 7 of the 9 priority activities.
  • Addnode Group’s estimated CO2e emissions from business travel by air and car average 474 kg per employee.

Social Achievements

  • Defined a goal for gender division in the Group’s management teams. “By 2023, at least 40 per cent of the Group’s management teams will consist of the under-represented gender.”
  • Established a Young Advisory Board to capture feedback on strategic issues and activities.
  • All divisions have implemented leadership programmes, with a total of over 100 participants.
  • An innovation contest and hackathon held jointly with the Swedish Sea Rescue Society was conducted with participants Group-wide.
  • eNPS of 30

Governance Achievements

  • Group Management has created a forum for sustainability issues consisting of representatives from all divisions, and led by the Group’s Head of Communication and Sustainability.
  • Updated the taxonomy analysis and reported pursuant to the EU Taxonomy Regulation.
  • Commenced preparations for implementing the EU Corporate Sustainability Reporting Directive, CSRD.

Climate Goals & Targets

Long-term Goals:
  • Evaluate further initiatives such as science-based targets and climate-related financial monitoring and reporting pursuant to the TCFD.
Medium-term Goals:
  • By 2030, at least 40 per cent of the Group’s management teams will consist of the under-represented gender.
  • Continue to work on the GHG protocol methodologies to implement measurement of more CO2e emissions, with the goal of reporting Scope 1, 2 and 3 emissions.
  • Define a goal for reducing CO2e emissions.
Short-term Goals:
  • Complete the review of travel policies that began in 2022 with the purpose of directing travel towards more climate-smart alternatives.
  • Initiate a review of procurement policies with the aim of more climate-smart alternatives.

Environmental Challenges

  • Rapidly changing technology and climate change leading to new sustainability expectations on our solutions.
  • Regulatory changes and increasing cybersecurity threats may impact our solutions and our development priorities.
  • Difficulty in attracting and retaining talent if we do not engage in environmental and social matters.
  • If we do not endeavor to create diverse and inclusive workplaces, this may mean missing innovation opportunities.
  • Collaborating with partners that do not act in accordance with fair business practice.
  • Lower profitability could impair our ability to continue to execute our strategy to invest in organic growth and acquisitions.
  • Compliance with reformed legislation, regulations and other external standards and to satisfy stakeholders’ changed expectations.
Mitigation Strategies
  • Develop our digital solutions by adding to the sustainability perspective.
  • Attract and retain talent by driving each daughter company’s Sustainability Agenda based on its core competence and solutions.
  • Reduce environmental impact by reviewing how we meet and travel.
  • Associate with partners with strong sustainability profiles and that offers innovative solutions.
  • Continue to grow by investing in sustainable companies and solutions.
  • Continue to be perceived as a trusted and resilient group of companies.
  • The Sustainability Agenda supports and empowers our employees to do better business.

Supply Chain Management

Supplier Audits: 216 suppliers screened in the last two years, covering 85% of Group total purchase value in 2022

Responsible Procurement
  • Long-term commitments
  • Fair business principles and anti-corruption
  • Ensuring that we respect human rights throughout the entire value chain

Climate-Related Risks & Opportunities

Opportunities
  • Develop our digital solutions by adding to the sustainability perspective.
  • Increasing regulatory requirements are creating needs for solutions that support transparency and traceability.

Reporting Standards

Frameworks Used: EU Taxonomy Regulation, GRI, CSRD, CSDDD

Certifications: ISO 9001, ISO 14001, ISO 27001, FR 2000

Third-party Assurance: PricewaterhouseCoopers AB

UN Sustainable Development Goals

  • Goal 3
  • Goal 5
  • Goal 8
  • Goal 9
  • Goal 11
  • Goal 13

Addnode Group judges six as most relevant to our business, and offering us good potential to make a contribution.

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Digital solutions that contribute to sustainable development
  • Care for people and the planet in our own operations
  • Our work with partners and suppliers
  • Long-term financial viability
  • Sustainability management and governance

Environmental Achievements

  • Symetri launched Naviate Zero, which enables smarter and more sustainable material choices in the design of buildings and other structures.
  • Nine companies co-located to one office in a BREEAM-certified building, reducing total office space.

Social Achievements

  • Implemented a new Group-wide whistleblower tool enabling anonymous whistleblowing.
  • Developed and implemented employee sustainability training.
  • Launched an internal program to provide resources and skills to vulnerable groups in the communities where we operate.

Governance Achievements

  • Developed a new Supplier Code of Conduct.
  • Conducted a double materiality assessment and a gap analysis for the implementation of the CSRD.
  • Updated and expanded the annual Taxonomy analysis to include the four new environmental objectives added to the EU Taxonomy Regulation in 2023.

Climate Goals & Targets

Long-term Goals:
  • Develop a risk management process (due diligence) for our actual and potential impact on human rights.
  • Evaluate implementation of science-based targets and climate-related financial monitoring and reporting pursuant to the Task Force on Climate-related Financial Disclosures (TCFD).
Medium-term Goals:
  • At least 40 percent of each management team should consist of the under-represented gender by 2030.
  • Define KPIs to measure innovation.
Short-term Goals:
  • Implement measures to comply with CSRD reporting requirements.

Environmental Challenges

  • Weaker demand from customers in the construction industry, particularly in the USA.
  • Autodesk's transition from a reseller model to an agent model.
  • Slightly weaker demand in the Nordic region for the Product Lifecycle Management division.
  • Some restraint in the public sector for the Process Management division.
Mitigation Strategies
  • Implemented efficiency improvements and restructuring programs in affected operations.
  • Adapted to Autodesk's new transaction model, expecting increased EBITA margin.
  • Implemented a cost-saving program in the Product Lifecycle Management division.
  • Invested in further development and established Icebound as a separate company in the Process Management division.

Supply Chain Management

Supplier Audits: 350 suppliers screened in the last two years

Responsible Procurement
  • Group-wide Supplier Code of Conduct
  • Internal training on good control and monitoring of suppliers and supply chains

Climate-Related Risks & Opportunities

Opportunities
  • Develop our digital solutions by including a sustainability perspective.
  • Increasing regulatory requirements are creating a need for solutions that support transparency and traceability.

Reporting Standards

Frameworks Used: EU Taxonomy Regulation, CSRD (as of January 1, 2025)

Certifications: ISO 9001, ISO 14001, ISO 27001, BREEAM, WELL

Third-party Assurance: PricewaterhouseCoopers AB

UN Sustainable Development Goals

  • Goal 3
  • Goal 5
  • Goal 8
  • Goal 9
  • Goal 11
  • Goal 13

Addnode Group has judged six of the UN SDGs to be most relevant to our business and to offer us good potential to make a contribution.

Sustainable Products & Innovation

  • Naviate Zero