Climate Change Data

SEVEN PRINCIPLES AG

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

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

  • Implemented a restructuring program, reducing the average number of employees from 502 to 427. Implemented a 'New Normal' work model focusing on flexible work time and location.
  • Gained 59 new employees in 2020.

Governance Achievements

  • Re-certification audit for ISO 9001 and ISO 27001 standards successfully completed. Dr. Michael Pesch reappointed to the board for three years.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Achieve a turnover of over €70 million in 2021 and moderately increase EBIT and EBITDA compared to 2020.

Environmental Challenges

  • COVID-19 pandemic impacting project implementation and customer project delays or cancellations.
  • High employee turnover in a competitive job market.
  • Risk of supplier price increases that cannot be passed on to clients.
  • Risk of project miscalculations in fixed-price projects.
  • Liquidity risk due to payment fluctuations.
  • Brexit uncertainties impacting the UK subsidiary.
  • Compliance risks due to operating in a dynamic IT environment.
Mitigation Strategies
  • Implemented remote work (home office) and hygiene concepts to maintain business operations.
  • Investment in employee development and recruitment, including partnerships with universities and online job boards.
  • Proactive supplier management.
  • Centralized bid management and project management office with systematic project controlling.
  • Centralized liquidity monitoring and planning, including liquidity reserves and factoring line.
  • Regular review of currency hedging strategies.
  • Compliance with laws, regulations, and standards with support from internal legal department and external experts.

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: HGB (German Commercial Code)

Certifications: ISO 9001, ISO 27001

Third-party Assurance: GaMa GmbH Wirtschaftsprüfungsgesellschaft

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed