Attendo AB (publ)
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Quality of Life
- Value-adding Care Solutions
- Empowered Employees
- Environment in Mind
- Responsible Operations
Environmental Achievements
- Reduced average CO2e emissions per meal to less than 1 kg, nearly half the national average.
- Installed solar panels at a nursing home on Gotland.
- Switched from oil to pellets for heating at Tallbackagården in Taberg.
- Recycled work wear in Finland, resulting in 170 kg of recovered fiber and a 0.6-tonne CO2e reduction.
- Initiated a project in Finland to reduce transports to local units for purchases (aiming for monthly deliveries).
Social Achievements
- Developed a new quality framework with a focus on health outcomes and quality of life.
- Launched a new central induction program for managers in Attendo Scandinavia.
- Continued the Finnish leadership program, Taru 3.0.
- Held two “values weeks” focusing on the Code of Conduct and customer experience.
- Recognized regional and overall “Care Heroes” among employees.
- Acquired Silkkitie in Finland, a recruitment agency specializing in nurses and assistant nurses.
- Increased usage of the “Nära” app for relatives by 82%.
Governance Achievements
- Adopted an updated Code of Conduct in 2021 and implemented it comprehensively in 2022.
- Prepared a new Suppliers Code of Conduct for implementation in 2023.
- Improved processes for managing deviations in care delivery and reporting serious incidents.
Climate Goals & Targets
- Net zero greenhouse gas emissions from own operations.
Environmental Challenges
- Increased costs due to inflation and high sick leave in 2022.
- Lower than expected occupancy trend in Finland due to labor market imbalances.
- Shortages of various competences across the care sector.
- Pandemic-related absenteeism.
- Risks related to substandard quality of care, over-establishment of operations, and non-compliance with regulations.
Mitigation Strategies
- Systematic and goal-oriented work to measure and follow up quality work.
- Shared working methods and internal systems for tracking quality.
- Whistle-blower system.
- Strategic focus on establishing new homes only where there is long-term need and agreements with local authorities.
- Efforts to influence conditions for private providers and persuade government authorities to allow innovations.
- Measurement of employee job satisfaction, monitoring of sickness absence rates and employee turnover.
- Opportunities for competence building, including web-based training and further training.
- Central projects to secure recruitment in occupations with shortages.
- Systematic work environment management to ensure a safe and secure work environment.
- Action plans based on regular analyses and discussions at workplace meetings.
Supply Chain Management
Responsible Procurement
- Suppliers must be aware of and meet requirements specified in Attendo’s environmental policy.
- New Suppliers Code of Conduct (to be implemented in 2023).
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Landslide
- Erosion
- Heatwaves
Reporting Standards
Frameworks Used: Nasdaq guidelines for ESG reporting
Certifications: ISO 14001
Third-party Assurance: PricewaterhouseCoopers AB
UN Sustainable Development Goals
- Goal 3: Good Health and Well-being
- Goal 5: Gender Equality
- Goal 8: Decent Work and Economic Growth
- Goal 10: Reduced Inequalities
- Goal 11: Sustainable Cities and Communities
- Goal 16: Peace, Justice and Strong Institutions
Attendo's operations contribute to these goals through providing high-quality care, promoting gender equality, offering good working conditions, reducing inequalities in access to care, building sustainable care properties, and empowering individuals.
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environment and Climate
- Social Development
- Governance
Environmental Achievements
- Reduced CO2e emissions per SEK of sales (scope 1+2) to 1.1 g/SEK from 1.5 g/SEK in 2022
Social Achievements
- Improved customer satisfaction (cNPS) to 39 from 36 in 2022
- Improved relatives satisfaction (rNPS) to 38 from 29 in 2022
- Improved employee satisfaction (eNPS) to 20 from 4 in 2022
- Attendo Finland received a special mention for changing operational culture at the Impact Awards 2023
- Attendo tops the list of gender-equal listed companies according to Allbright Foundation
Governance Achievements
- Expanded sustainability reporting to include selected key figures on a quarterly basis
- Initiated structured work to prepare for reporting under the EU's CSRD sustainability directive
Climate Goals & Targets
- Preferred choice for customers and relatives, employees and payors
- A natural and fundamental part of society
- Sustainable and profitable growth
- Responsibility for society and the environment
- Establishment of new beds
- Next steps in digitalization and the Attendo Way
- Acquisition opportunities
- Increase occupancy
- Manage the impact of inflation
- Reduce the cost of temporary staff
Environmental Challenges
- Sustainable conditions are a key issue in continuing to invest in the care of the future, and Attendo is working systematically to achieve long-term sustainable conditions in all municipalities and regions.
- Shortage of qualified staff
- Strained public finances negatively impacting local decisions on care
- Continued high inflation rate and high interest rate environment
Mitigation Strategies
- Attendo is investing in being a preferred employer and offers participation, further training and new career paths.
- Attendo is working actively to ensure the supply of competence for future needs. Through the Finnish organisation Silkkitie, nurses and assistant nurses are trained and recruited from countries with a surplus, including the Philippines.
- Attendo carefully follows the political development in order to manage and prepare the operations for changed regulations or conditions.
- Attendo monitors research in the care sector and collaborates in different industry bodies to continuously develop the conditions in the industry for the better.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Increased risk of flooding, landslides, avalanches, erosion and heat waves
Transition Risks
- Regulatory changes
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: EU Taxonomy, CSRD
Certifications: null
Third-party Assurance: PricewaterhouseCoopers AB
UN Sustainable Development Goals
- Goal 3: Good health and well-being
- Goal 5: Gender equality
- Goal 8: Decent work and economic growth
- Goal 10: Reduced inequalities
- Goal 11: Sustainable cities and communities
- Goal 16: Peace, justice and strong institutions
Attendo’s operations contribute to these goals through providing high-quality care, promoting gender equality, offering good working conditions, reducing inequalities in access to care, building sustainable care properties, and promoting customer participation in society.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Attendo Finland received a special mention for changing operational culture at the Impact Awards 2023
- Attendo tops the list of gender-equal listed companies according to Allbright Foundation