Quant AB (publ)

Climate Impact & Sustainability Data (2021, 2023)

Improved waste management at Ludvika site using digital tools (quantNumbers), resulting in a complete overview of the waste chain and reduced environmental footprint.
Increased reporting of environmental observations and incidents through quantShield.

Substantial increase in both customer and employee satisfaction.
Successful completion of two Quant Site Management training programs with over 50 trainees.
Implementation of a Learning Management System (LMS) in Quant Academy.
Quant Sweden received the Community Initiative of the Year Award for cooperation with Unika Ludvika.
Quant Brazil conducted a winter clothing collection campaign with the Salvation Army.

Implementation and regular training on Quant’s Code of Conduct and whistleblowing policy.
Continuous improvement of Quant’s internal control function to minimize compliance risks.
Maintenance of ISO certifications across multiple countries.

Short-term Goals:

Pandemic restrictions and extra costs.
War in Ukraine potentially disrupting operations.
Gap in safety culture at new sites and acquired companies.
Need to improve gender diversity in the workforce, particularly at the site manager level.
Risk of non-compliance with regulations across multiple jurisdictions.

Implementation of initiatives like Quant Safety Week to improve safety culture.
Appointment of a Chief Digital Officer and Chief Human Resource Officer.
Prioritization of implementing Quant’s safety standards when onboarding new sites.
Proactive work to increase the proportion of female site managers.
Regular Code of Conduct trainings and continuous improvement of internal control functions.
Close connection with professional advisors to reduce non-compliance risks.

Frameworks Used: UN Sustainable Development Goals

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 55001

Third-party Assurance: Öhrlings PricewaterhouseCoopers AB

Implemented variable speed drives for mine ventilation and transition to LED lighting
Agreement with Metsä Group to halve the consumption of fossil hydraulic oil by 2027
Launched Quant GreenDigi initiative to educate users on sustainable practices
Reduced storage and resource usage through Quant GreenDigi

Updated whistleblowing policy in 2022 to align with new EU regulations
Annual Enterprise Risk Management cycle identifying and mitigating key operational risks including safety, recruitment, and compliance

Impact of environmental events (El Niño phenomenon) affecting customer installations and business in South America

Proactive steps to mitigate the effects of changing environmental conditions (details not specified)