WirelessCar Sweden AB
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:2127 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:99% (European data centers)
Total Energy Consumption:571.1 MWh/year (Sweden); 194 MWh/year (US, estimated); 181.6 MWh/year (China, estimated)
Water Consumption:1534.8 m3/year (Sweden); Null (US/China)
Waste Generated:8973 kg/year (Sweden); 2000 kg/year (US/China, estimated)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate & Electrification
- People & DEI (Diversity, Equity, and Inclusion)
- Data Security
- Road Safety
- Circular Economy
Environmental Achievements
- Reduced GHG emissions by 11% compared to 2022 (2127 tonnes of CO2e in 2023 vs 2389 tonnes in 2022).
- 99% of energy used in European data centers was renewable in 2023.
- Emissions per net revenue decreased by 25%, emissions per FTE by 6%, and emissions per connected vehicle by 28% compared to 2022.
Social Achievements
- Developed a DEI strategy and accelerated action in this area.
- Employee satisfaction score of 8.0 (industry average 7.7).
- 0% average salary gender gap in 2023.
Governance Achievements
- Completed third-party assessments for customers and potential customers.
- Implemented a due diligence process to mitigate human rights and environmental abuses in supply chains (aligned with LkSG).
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions across scopes 1-3 by 2040.
Medium-term Goals:
- Reduce Scope 3 emissions by 52% by 2030.
- Achieve diverse management by 2030.
- Achieve gender balance in management by 2030.
- Maintain employee satisfaction score 0.3 above industry average by 2030.
Short-term Goals:
- Reduce absolute Scope 1 & 2 emissions by 90-95% by 2030.
Environmental Challenges
- Supply chain disruptions due to geopolitical factors and COVID-19 travel restrictions.
- Increased emissions from purchased goods and services (partially due to office renovations).
- Need to further improve diversity in executive positions and cross-cultural mix.
Mitigation Strategies
- Proactive work with both contribution and compliance to address transition risks.
- Continuous monitoring and evaluation of employee satisfaction and DEI initiatives.
- Implementing further control of the supply chain including media screening, human rights training, and a supply chain grievance mechanism.
Supply Chain Management
Supplier Audits: Regular follow-ups and audits; due diligence process implemented.
Responsible Procurement
- Code of Conduct for Business Partners (CoC BP) included in all supplier contracts.
- Risk assessment of new suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- WirelessCar perceived as not sufficiently contributing to the transition to a lower-carbon economy.
- Negative impacts on ability to attract quality employees.
- Changes in external climate-related policy and/or legal operating environment.
Opportunities
- Increased demand for WirelessCar's products and services due to OEM climate targets.
- New OEM business models/MaaS creating opportunities.
- Support for seamless charging with renewable energy for fleet owners and end-users.
- Improved durability, residual, and resale value of cars via analytics.
Reporting Standards
Frameworks Used: GHG Protocol, TCFD
Certifications: ISO 9001, ISO 14001, ISO 27001
Third-party Assurance: Ecovadis (Silver medal); Intertek
UN Sustainable Development Goals
- SDG 7 (Affordable and Clean Energy)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
- SDG 13 (Climate Action)
WirelessCar's initiatives contribute to these goals through the development of sustainable mobility solutions, support for the EV transition, and reduction of GHG emissions.
Sustainable Products & Innovation
- Smart EV routing
- Smart load-balanced charging
- EV purchasing advice based on driving patterns
Awards & Recognition
- Not disclosed