Climate Change Data

KH Group Plc

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Renewable Energy Share:95% (Indoor Group)
Total Energy Consumption:13,586 MWh

ESG Focus Areas

  • Environmental responsibility (waste, recycling, energy efficiency)
  • Social responsibility (personnel)
  • Ethical business practices

Environmental Achievements

  • Indoor Group transitioned to using renewable energy for approximately 95% of its electricity consumption.
  • KH-Koneet Group focused on transitioning towards electrically powered, low-emission and energy-efficient machinery and solutions.

Social Achievements

  • Indoor Group completed change negotiations to improve operational efficiency and flexibility, reducing annual costs by approximately EUR 1 million.
  • HTJ was awarded the Future Workplaces 2022 certificate for its corporate culture and employee wellbeing.

Governance Achievements

  • Sievi Capital established an overview of the current state of the Group companies’ sustainability efforts and related future plans.
  • Sievi Capital developed a sustainability strategy addressing its role as a long-term private equity investor and the operations of target companies.

Climate Goals & Targets

Medium-term Goals:
  • Transform into an industrial group built around KH-Koneet Group.

Environmental Challenges

  • Rising interest rates and inflation created cost pressures for Sievi Capital and its target companies.
  • Declining consumer demand negatively impacted Indoor Group's profitability.
  • Difficult market situation, component shortages, and inflation challenged Nordic Rescue Group, leading to the bankruptcy of its subsidiary Vema Lift.
  • Uncertainty in the construction industry due to economic outlook, rising costs, and material availability affected HTJ.
Mitigation Strategies
  • Indoor Group implemented measures to improve operational efficiency, cut costs, and improve margins; conducted change negotiations.
  • KH-Koneet Group carried out cost-cutting measures in Sweden, including consolidating operating locations and streamlining the organizational structure.
  • Logistikas adjusted pricing and operational activities to account for inflation.
  • Nordic Rescue Group focused on streamlining assembly processes and improving operational efficiency in Saurus and Sala Brand; negotiated with financing provider to adapt the financing agreement.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Future Workplaces 2022 (HTJ)

Reporting Period: 2023

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities