Climate Change Data

Accountor Group Oy

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3953.5 tCO2e (total)
Scope 1 Emissions:39.7 tCO2e
Scope 2 Emissions:1128.2 tCO2e
Scope 3 Emissions:2785.6 tCO2e
Renewable Energy Share:57% (Finland), 10% (Sweden), 22% (Norway), 8% (Denmark), 3% (Netherlands)
Total Energy Consumption:1194770 kWh (Finland only)
Carbon Intensity:2.75 tCO2e/FTE

ESG Focus Areas

  • Sustainable Governance
  • People First
  • Environment

Environmental Achievements

  • Achieved an 8% reduction in CO2 emissions per employee in 2023.
  • Reduced office space by 4500 m2 (10% decrease).

Social Achievements

  • Launched a support service for mental and practical help in case of harassment.
  • Provided an average of 19 hours of training per employee.
  • Decreased voluntary employee turnover from 19.85% in 2022 to 17.03% in 2023.
  • Launched two company-wide training programs to mitigate impacts of bias and to develop inclusion in teams. 164 managers participated.

Governance Achievements

  • Achieved a Silver EcoVadis Medal.
  • Zero material breaches or lawsuits regarding privacy.
  • Resolved four cases as a result of the whistleblowing process.
  • Updated risk assessment and improved AML/KYC processes.
  • Improved sanction screening processes.

Climate Goals & Targets

Medium-term Goals:
  • Reach total engagement index of 78% by 2026.
  • Cut CO2 emissions/FTE -10% annually from 2020–2026
Short-term Goals:
  • Reach total engagement index of 74% in 2024.
  • Continue to provide minimum 7 hours training/employee on average during 2024.
  • Zero material breaches in 2024.
  • Belong among top 15% of Ecovadis rated companies in 2024.
  • Decrease CO2/FTE by 10% during 2024.

Environmental Challenges

  • Ukraine war effects on colleagues and people in Ukraine.
  • Increased sick leave percentage (3.74% in 2022 to 3.99% in 2023) due to infections.
  • High employee turnover in areas of scarce competence availability.
Mitigation Strategies
  • Provided support to employees and their families impacted by the war.
  • Made donations through the Red Cross.
  • Helped customers comply with sanctions and mitigate inflation challenges.
  • Implemented retention programs to improve commitment and wellbeing and minimize employee turnover.

Supply Chain Management

Responsible Procurement
  • Code of Conduct for Suppliers

Climate-Related Risks & Opportunities

Transition Risks
  • Increasing costs imposed by regulation or customer business affected by climate change.
Opportunities
  • Tools and services to help customers CO2 emission reporting.
  • Balanced customer base including climate change resilient businesses.

Reporting Standards

Frameworks Used: GRI, UN Global Compact, CSRD (partially), ESRS (partially)

Certifications: ISO 27001

Third-party Assurance: EcoVadis

UN Sustainable Development Goals

  • SDG 4
  • SDG 8
  • SDG 10
  • SDG 16

Aligned with SDGs through focus areas of competence development, decent work, reduced inequalities, and peace, justice and strong institutions.

Sustainable Products & Innovation

  • Low-carbon financial and human resources management solutions and services.

Awards & Recognition

  • Silver EcoVadis Medal