Netel Group
Climate Impact & Sustainability Data (2024-01 to 2024-03)
Reporting Period: 2024-01 to 2024-03
Environmental Metrics
ESG Focus Areas
- Climate change
- Modernisation of infrastructures
- Digitalisation
- Sustainability
Governance Achievements
- Implemented external system support for collecting, quality-assuring and analysing sustainability data
- Double materiality analysis according to CSRD is performed
Climate Goals & Targets
Long-term Goals:
- In the process of applying for science-based targets
Environmental Challenges
- Seasonality with a normally weak first quarter due to winter conditions and a high proportion of projects in start-up phase
Mitigation Strategies
- Margin enhancing measures continue in Norway and Finland, to increase profitability
- Focus on working capital and cash flow
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: CSRD