Serviceware SE
Climate Impact & Sustainability Data (2022-12 to 2023-11)
Reporting Period: 2022-12 to 2023-11
Environmental Metrics
Total Carbon Emissions:2997 tonnes (2021/2022)
ESG Focus Areas
- Sustainability
- Climate Change
- Diversity & Inclusion
- Information Security
- Employee Well-being
Environmental Achievements
- Reduced CO2 footprint to 2997 tonnes in 2021/2022 (measured by Code Gaia)
- 76% of business trips made by train in 2023 (up from 69% in 2022)
- Electric and hybrid vehicles make up 21% of the vehicle fleet in 2023 (up from 15% in 2022)
- Serviceware Resources optimized routes for 4.2 million visits, saving an average of 10km per route and reducing emissions.
Social Achievements
- Established an internal reporting center for confidential communications (whistleblower system)
- Rolled out a new Serviceware Code of Conduct
- Employee turnover rate of 15.7% (significantly lower than the German average of 33%)
- Average employee sick leave of 8.3 days (significantly lower than the German average of 20 days)
- 24.8% of workforce are women (higher than the German ITC industry average of 15%)
- Founded the women’s network “-ware” to promote women in IT
Governance Achievements
- Further developed information security management system and compliance activities
- Introduced a new platform for information security training
- Modernized backup infrastructure with more energy-efficient hardware
- Further developed disaster recovery/BCM strategy
Climate Goals & Targets
Medium-term Goals:
- Climate-positive by 2030
Environmental Challenges
- Weak macroeconomic environment with high inflation and decline in economic output
- Global conflicts and armed hostilities leading to political instability and trade disputes
- Economic risks such as weakening global economy
- Political or legal changes in various markets
- Cybercrime and hacker attacks
- Rapid technological development leading to product obsolescence
- Shortage of skilled IT specialists and increasing personnel expenses
- Typical project risks (time, quality, cost overruns) in software projects
- Quality defects in software development
- Bad debt losses and insolvencies among customers
- Exchange rate risk due to increased international business in USD
Mitigation Strategies
- Measures to increase efficiency and productivity
- Focus on politically stable regions for sales activities
- Comprehensive advice from internal and external experts for legal and regulatory changes
- State-of-the-art technology and employee training for cybersecurity
- Agile product development and early customer feedback
- Employer branding, performance-based remuneration, and employee development programs
- Standards for software project calculation and approval, active risk management, and regular project controlling
- Liability restrictions in contracts and third-party liability insurance
- Sector diversification, creditworthiness checks, and maximum receivables limitation
- Default insurance coverage for receivables with payment terms exceeding 60 days
- Passing on exchange rate risks to business partners and hedging USD positions
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Sustainable Development Goals
Certifications: ISO 27001
Third-party Assurance: EcoVadis (planned for 2024)
Awards & Recognition
- Crowdstrike “Partner of the Year”