Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Reduced air travel through travel policy and use of online communication
• Installed new printers to reduce paper usage
• Working on efficient product solutions to reduce electricity and energy consumption

Social Achievements

• Updated Code of Conduct for employees and suppliers
• Implemented a health and safety training program in Sweden
• Offered fitness and wellness benefits, massage, and private health insurance in Sweden
• Ongoing health initiatives in other countries
• Maintained low sick leave (less than 1% of working hours)

Governance Achievements

• Updated several policies for consistent application across the group
• Adopted a new corporate IT Policy
• Implemented an e-learning module on anti-corruption for Symsoft employees
• Developed new IT policies to meet GDPR requirements
• Redesigned IT systems to adapt to GDPR standards
• Conducted a risk assessment for IT security and data privacy

Climate Goals & Targets

Environmental Challenges

• Potential stricter regulation of greenhouse gas emissions
• Risk of losing key skills or inability to attract key skills
• Risk of non-compliance with ethical values and guidelines due to lack of understanding or communication
• Risk of human rights abuses in high-risk countries
• Risk of corruption and bribery in the supply chain and sales

Mitigation Strategies

• Continuous monitoring of political developments and potential new legislation
• Rigorous recruitment model and personal development plans
• Employee engagement surveys and feedback
• Zero-tolerance policy for discrimination and diversity initiatives
• Code of Conduct for employees and suppliers
• Additional human rights clause in contracts with operators in high-risk countries
• Anti-corruption guidelines in Code of Conduct
• E-learning module on anti-corruption for Symsoft employees
• Regular dialogue with suppliers and termination of dealings if necessary

Supply Chain Management

Responsible Procurement

• Code of Conduct for suppliers
• Separate clause on bribery and corruption in contracts with customers in high-risk countries

Climate-Related Risks & Opportunities

Transition Risks

• Stricter regulation of greenhouse gas emissions

Reporting Standards

Frameworks Used: UN Global Compact

Sustainable Products & Innovation

• Cloud services reducing paper and travel needs

Awards & Recognition

• Symsoft achieved Gold level recognition medal from EcoVadis for the third year running