Climate Change Data

Cryptomathic A/S

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Initiated development of first cloud-based solution (Bring Your Own Key) to reduce need for local hardware.
  • Continued low travel activity due to online meetings, reducing CO2 emissions from travel.

Social Achievements

  • High growth in staff (102 FTEs, 109 headcount).
  • Investment in employee development and labor practices, including hiring a Head of People & Culture.
  • Sponsoring "Girls in IT" and Aarhus University Career Day to promote STEM for girls.

Governance Achievements

  • Upgraded Finance and Compliance teams with additional resources.
  • Engaged a third-party vendor to operate a whistleblower system.

Climate Goals & Targets

Short-term Goals:
  • Establish a global guide on energy saving by 2023.
  • Establish a global guide for the reuse of computers and equipment by 2023.
  • Investigate the opportunity to buy/use renewable energy in 2023.
  • Investigate how to offset CO2 emissions starting from 2024.
  • Deploy the employee appraisal and development framework globally in 2023.
  • Conduct the first global Employee Engagement and Satisfaction survey in 2023.
  • Establish measurements of company-wide learning and development in 2023.
  • Conduct a Risk & Asset assessment workshop with the Board of Directors by the end of 2023.
  • Establish a risk mitigation plan based on the assessment for implementation in 2024.

Environmental Challenges

  • Limited autonomy in choosing utility providers due to rented office spaces.
  • Lack of structured measures for waste handling and equipment recycling.
Mitigation Strategies
  • Monitoring utility consumption.
  • Initiatives to reduce waste and increase recycling (details not specified).
  • Plans to establish global guides on energy saving and equipment reuse in 2023.
  • Investigation into renewable energy options and CO2 emission offsetting in 2023.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 9

The report details how Cryptomathic's actions relate to these SDGs.

Sustainable Products & Innovation

  • Bring Your Own Key