Climate Change Data

Environmental Metrics

Social Achievements

• Consolidated four sites to a central location in Zurich.

Governance Achievements

• Management and controlling at the highest corporate levels at Crealogix are conducted in accordance with the principles and rules of the Swiss Code of Best Practice of economiesuisse and the SWX Swiss Exchange.

Climate Goals & Targets

Environmental Challenges

• Massive and enduring changes that were not foreseeable in their magnitude before the start of 2008. Restructuring measures were more cost intensive than budgeted. The CIRCON Group had increasing losses due to the negative development of its Fashion Business.
• Price pressure due to offerings from Far Eastern low-wage countries.

Mitigation Strategies

• Sale of the entire Fashion Business in Switzerland and Germany on 25 July 2008.
• Increased out-sourcing of standard developments to our Eastern European near-shoring partner.
• Restructuring of the Business Area ERP.
• Streamlining the Organisation

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Swiss Code of Best Practice of economiesuisse and the SWX Swiss Exchange

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Complies with the Swiss Code of Best Practice of economie­ suisse and the SIX Swiss Exchange.
• The Board of Directors has formed an Audit Committee and a Nomination and Compensation Committee.

Climate Goals & Targets

Environmental Challenges

• Uncertainty surrounding Brexit led to banks curbing their IT investments which consequently had a negative impact on the full-year results.

Mitigation Strategies

• Transformation programme to strengthen the company’s future viability further, focusing on licensing models, product alignment and partner network.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Swiss Code of Best Practice of economie­ suisse, SIX Swiss Exchange Corporate Governance Directive

Certifications: Null

Third-party Assurance: PricewaterhouseCoopers AG

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Digital Banking Hub

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Improved corporate governance in line with Swiss Code of Best Practice and SIX Swiss Exchange directives.

Climate Goals & Targets

Environmental Challenges

• Cybercrime attack
• COVID-19 pandemic
• Transition to SaaS model temporarily reduced net sales and EBITDA.

Mitigation Strategies

• Successfully navigated both events with slight impact on financial performance.
• Streamlining product portfolio and organization to accelerate transition to SaaS model.
• Successful refinancing through a convertible bond.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Swiss Code of Best Practice, SIX Swiss Exchange Corporate Governance Directive

Certifications: Null

Third-party Assurance: PricewaterhouseCoopers AG

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Implementing initiatives for safe, CO2-neutral data storage/hosting, facility and waste management optimization, and promotion of environmentally friendly solutions.

Social Achievements

• Increasing diversity in senior management and the board of directors; promoting apprenticeships, entry-level positions, and ongoing/further education for employees; maintaining a socially committed, motivating work environment.

Governance Achievements

• Compliance with ESG governance, implementation of a code of conduct, compliance with rules and regulations, investments in specialist training worldwide.

Climate Goals & Targets

Environmental Challenges

• Declining sales revenue due to loss of sales from non-strategic business, negative impact of the strong Swiss franc, and general downturn in the banking sector; high investment levels resulting in negative EBITDA.

Mitigation Strategies

• Portfolio consolidation, cost-cutting measures (headcount reduction, freelancer reduction), strategic initiatives to boost sales revenue (Boost Funding Portal, Innovate Business Banking, Upgrade Flagship Products).

Supply Chain Management

Climate-Related Risks & Opportunities