Pricer AB (publ)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental impact
- Regulatory compliance
- Employees
- Supply chain
- Social
Environmental Achievements
- Reduced climate impact of SmartTAG Power label by 20% compared to previous model due to more efficient design.
- 29% of total produced labels shipped by sea from Asian suppliers (goal was 80%)
Social Achievements
- Implemented a set of company values and conducted workshops on their impact.
- Initiated a global leadership forum.
- Developed performance reviews linked to company strategy and objectives.
- Introduced a new online whistleblower system.
Governance Achievements
- Achieved ISO 27001 certification for information security.
- Passed an external audit in the fall of 2023.
- 100% of production partners and 100% of direct component suppliers signed and complied with the company’s Code of Conduct.
Climate Goals & Targets
Short-term Goals:
- 80% of intercontinental shipping to be by sea by 2023
Environmental Challenges
- Increased costs for financed capital leading to a reduction in sea freight in 2023.
Mitigation Strategies
- Actively reducing the share of sea freight in 2023 to meet increased costs for financed capital.
Supply Chain Management
Supplier Audits: 100% of production partners and 100% of direct component suppliers signed and complied with the company’s Code of Conduct.
Responsible Procurement
- Supplier Code of Conduct based on UN Global Compact and Responsible Business Alliance Code of Conduct.
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- SmartTAG Power label