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