Climate Change Data

Environmental Metrics

ESG Focus Areas

• Freedom of speech
• Responsible governance
• Our employees
• Diversity
• Environment and efficient use of resources

Environmental Achievements

• Bonnier Books reduced emissions and deepened understanding of its supply chain; launched new paper quality reducing emissions by approximately 1,400 tons.
• Bonnier News continued to decrease emissions in line with its commitment to reduce emissions by 55 percent by 2030.
• Adlibris reduced climate impact from inbound freight through transition of air freight from the USA to shorter transport routes and reduced amount of goods transported from the USA; outlet sale allowed 4,000 books to reach a reader instead of being discarded.
• Bonnier Fastigheter reduced climate emissions from the property’s heating by 75% through a geoenergy project; recertified two properties and newly certified one, all in accordance with the British certification system BREEAM In-Use.

Social Achievements

• Bonnier News supported independent journalism in war zones, including a donation to the Ukrainian Media Fund and aid transport with equipment; journalism reaped success in the form of various awards.
• Bonnier Books promoted projects focusing on reading and free speech; launched Comix brand to reverse declining reading abilities among Norwegian children.
• Bonnierförlagen implemented various activities to create a stronger and more open culture; awarded the feminist prize “Årets Selma”.
• Bonnier News launched a long-term initiative for gender equality in its Tech department; Readly initiated several measures to promote diversity.
• SF Studios drives various industry-wide initiatives to promote better diversity, representation, and working conditions within the film and TV industry; several films had successful premieres.

Governance Achievements

• Bonnier takes sustainability and responsibility into consideration in its acquisitions and divestments; ensures that its companies take a long-term approach and do not risk damaging Bonnier’s reputation through short-sightedness.
• All companies within Bonnier must comply with Bonnier’s Code of Conduct and additional policy documents; each company’s board of directors is responsible for ensuring comprehensive processes and activities for compliance.
• Bonnier Group has a central whistleblowing service.

Climate Goals & Targets

Environmental Challenges

• Several businesses in the Bonnier Group were affected by the declining economy with rising interest rates, inflation, and a weaker advertising market.
• Challenges in the paper market with a structural reduction in the number of suppliers resulted in a greater need to use paper from mills with a higher climate impact.
• The advertising business was severely affected by a declining economy and challenges in several industries burdened by increasing costs and interest rates.
• SF Studios’ operations were affected by external factors such as rising interest rates and a challenging financing climate; several streamers and other customers have undergone restructuring.

Mitigation Strategies

• Cost reductions were made through efficiencies during the year (Bonnier News).
• Printing suppliers who take active steps to minimize the consumption of materials and their environmental impact are prioritized (Bonnier News).
• Shift towards fossil-free fuel in distribution operations (Bonnier News).
• Adlibris continues to strengthen its margin, increase the efficiency of the logistics chain, improve the freight net, and lower sales costs.
• Adlibris signed agreements with partners for the reconstruction of the logistics facility in Morgongåva.

Supply Chain Management

Responsible Procurement

• Bonnier Books is engaging in more frequent and in-depth discussions with suppliers to clarify the company’s goals; implemented a new database that allows employees to gain deeper insights into suppliers’ sustainability efforts and material handling.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: BREEAM In-Use, FSC®, PEFC™, Cradle to Cradle® Gold

Third-party Assurance: PricewaterhouseCoopers AB

UN Sustainable Development Goals

• UN’s 17 Sustainable Development Goals (SDGs)

Bonnier feels particularly responsible for fostering more open, interesting, fun and better-informed societies.

Sustainable Products & Innovation

• New paper quality aimed at reducing the carbon footprint of the paper used in printed books (Bonnier Books).

Awards & Recognition

• Newspaper Publishers’ Newspaper of the Year (Dagens Nyheter, Länstidningen Södertälje, Expressen)
• The Great Journalism Prize (Inas Hamdan, Sydsvenskan)
• Per Wendel’s prize for Journalist of the Year (Anna-Lena Laurén, Dagens Nyheter and Hufvudstadsbladet)