Climate Change Data

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”