Climate Change Data

Lime Technologies AB (publ)

Climate Impact & Sustainability Data (2018, 2019, 2020, 2021, 2022, 2023)

Reporting Period: 2018

Environmental Metrics

ESG Focus Areas

  • Good health and wellbeing
  • Quality education
  • Equality
  • Responsible production and consumption

Social Achievements

  • Established a Wellness Group to improve employee wellbeing.
  • Employed a People & Culture Manager responsible for training and education.
  • Actively works to promote equal rights and build an inclusive workplace environment.
  • 30% of employees are women (relatively high for the IT industry).

Climate Goals & Targets

Short-term Goals:
  • Achieve an average wellness level of at least 7.0 (scale 0-10) across all departments.
  • Have at least 80% of employees participate in wellbeing surveys.
  • Reduce/eliminate disposable items from all offices.
  • Gradually replace packaged soft drinks and water with beverages on tap.
  • Responsibly sort waste in all offices.
  • Offer only organic fruit at all offices.
  • Fully offset any climate impact.

Environmental Challenges

  • High proportion of men in management team.
  • Need to reduce climate impact of operations.
Mitigation Strategies
  • Working to increase the proportion of women in senior executive roles.
  • Creating a working group to investigate and minimize the company's climate footprint.
  • Investing in climate-smart electricity production.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:300 MWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Gender equality & diversity
  • Good health & wellness
  • Responsible consumption & production
  • Quality education

Environmental Achievements

  • Invested in Sweden’s largest solar park in Sjöbo, producing 300 MWh/year, making the company climate positive.
  • Reduced canned beverage consumption by 13,104 cans at the Lund office.
  • Replaced bottled/canned water with tap water in all offices.
  • Stopped buying plastic disposable products.
  • Increased waste sorting at offices.
  • Encouraged train travel and online meetings, reducing flights.

Social Achievements

  • Implemented a reversed mentoring program pairing executive managers with newly recruited female employees.
  • Employed a new recruiter focused on diverse candidate pools, including women.
  • Highlighted equality during onboarding.
  • Discussed equality in employee performance reviews.
  • Distributed weekly messages on equal treatment.
  • Established a whistleblower function.
  • Organized activities boosting employee wellness.
  • Held regular manager-employee meetings to discuss workload.
  • Worked in smaller teams within large departments.
  • Established clearer job expectations for new employees.
  • Improved the trainee program with increased mentor support and self-evaluations.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Need to improve measurement of sustainability impact.
Mitigation Strategies
  • Started work in 2019 to determine how to measure the impact of its sustainability work.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN's global sustainability goals

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:17,068 kg CO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% of electricity consumption in Sweden (300 MWh)
Total Energy Consumption:789,884 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.050 kg CO2e/SEK thousand sales

ESG Focus Areas

  • Good health and well-being
  • Quality education for all
  • Gender equality
  • Sustainable consumption and production

Environmental Achievements

  • Generated 300 MWh of 100% clean electricity through investment in a solar park, reducing CO2 emissions in Sweden by 90 tonnes.
  • Stopped using bottled water in Lund office, reducing consumption by 13,104 bottles.
  • Implemented waste sorting and organic fruit purchasing in all offices.
  • Stopped buying disposable plastic items and reviewed marketing materials for sustainability.

Social Achievements

  • Maintained a general wellness level of 7.5 (scale 0-10) throughout the organization.
  • 80% average staff participation in anonymous health and wellness surveys.
  • Implemented various wellness activities (Bollywood dance, yoga, competitions).
  • Female employees reported an average personal development score of 8.0 (scale 0-10), while men reported 7.9.
  • Clarified and highlighted the company's position on inclusion and gender equality internally and externally.
  • Continued the reverse mentorship program.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Establish at least one close working relationship with an organization focusing on increasing interest in technology and programming among women.
  • Arrange at least one event focusing on increasing interest in technology and programming among women.
  • Initiate a close working relationship or arrange one event focusing on raising interest in technology and programming among children and young people.
  • Investigate options for replacing company cars with more environmentally-friendly alternatives.
  • Use green energy at all offices across Europe.
Short-term Goals:
  • Increase average participation rate in surveys to 83%
  • Maintain general wellness level of at least 7.5
  • Maintain general stress level of at least 7.3
  • Establish local wellness targets for each office
  • Achieve at least 97% attendance rate
  • Increase percentage of employees using wellness grant to 75%

Environmental Challenges

  • Challenges in implementing sustainability initiatives due to the COVID-19 pandemic.
  • Difficulty in establishing local wellness targets for each office due to pandemic adjustments.
  • Inability to hold planned events for children and young people due to COVID-19.
  • Postponement of recruitment training due to changes in recruitment processes caused by COVID-19.
  • Inability to pursue initiatives like "Women in Sales" and "Women in Consulting" in the same way as previous years due to COVID-19 restrictions.
Mitigation Strategies
  • Adapted trainee program and onboarding to accommodate COVID-19 restrictions.
  • Held internal training digitally.
  • Shifted focus to other formats for initiatives affected by COVID-19 restrictions.
  • Continued to work on creating a more inclusive recruitment process.
  • Continued to focus on clarifying the type of candidates sought in recruitment processes.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Review of marketing materials
  • Stopped buying disposable plastic items

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 3
  • 4
  • 5
  • 12

Lime's sustainability initiatives align with UN SDGs 3 (Good Health and Well-being), 4 (Quality Education), 5 (Gender Equality), and 12 (Responsible Consumption and Production).

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:47,303 kg CO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (Sweden, electricity)
Total Energy Consumption:781,927 kWh
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:0.117 kg CO2e/SEK thousand sales; 8.65 kg CO2e/m2

ESG Focus Areas

  • Equal opportunities for all
  • Digitalisation & entrepreneurship
  • Positive climate impact

Environmental Achievements

  • Generated 300 MWh of clean solar energy, covering all of Lime’s electricity consumption in Sweden.
  • Initiatives to extend the service life of computers and mobile phones.

Social Achievements

  • 42% of employees recruited in 2021 were women.
  • 73 collaborations with non-profit organizations and universities.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • 40-60% women in all departments and markets
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Shortage of qualified personnel in the technology sector.
  • Unconscious bias in recruitment processes.
  • Limited direct impact on climate due to service-based business model.
Mitigation Strategies
  • Objective internal recruitment procedures and measurements for anonymized screening.
  • Training in unconscious bias.
  • Investments in recycled technology, reduced electricity consumption, investments in solar parks and climate-smart contracts.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Checklist to review suppliers and purchases from an environmental and climate perspective

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 5.5
  • 10.3
  • 13.2
  • 8.3
  • 9.3

Initiatives align with UN Sustainable Development Goals related to gender equality, reduced inequalities, climate action, decent work and economic growth, and industry, innovation, and infrastructure.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:178,599 kg CO2e
Scope 1 Emissions:19,735 kg CO2e
Scope 2 Emissions:36,353.1 kg CO2e
Scope 3 Emissions:122,401 kg CO2e (hardware and private car business travel)
Total Energy Consumption:806,361 kWh
Carbon Intensity:0.364 kg CO2/kSEK (2022)

ESG Focus Areas

  • Promote digitalisation
  • Equal opportunities for all
  • Reduced climate impact

Environmental Achievements

  • Contributed to the production of 300 MWh of clean solar energy, covering all of Lime's electricity consumption in all offices.
  • Started phasing out local data centers in favor of climate-smart cloud-based solutions.
  • Implemented a new contract for recycling computers, servers, and old mobile phones.
  • Extended the lifespan of mobile phones by 6-24 months by buying them at the end of the lease period.

Social Achievements

  • Achieved gender equality in both the board and executive management team (40% women).
  • Implemented a reverse mentoring program to broaden perspectives and increase inclusiveness.
  • Conducted weekly employee well-being surveys to monitor commitment, participation, stress levels, and advancement opportunities.
  • Zero serious incidents reported (harassment, sexual harassment, bullying, retaliation).

Governance Achievements

  • Achieved ISO 27001 certification for information security management system.
  • Implemented a whistleblowing system to address suspected cases of irregular conduct.
  • Developed objective internal recruitment procedures and unconscious bias training.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 40-60% women in all departments, offices, and levels of the organization.
Short-term Goals:
  • Develop an environmental policy in 2023.
  • Increase the number of markets where non-profit organizations can apply for partnerships.

Environmental Challenges

  • Climate impact linked to energy consumption associated with data storage, hardware, and business travel.
  • Skills shortage in the tech industry.
  • Geopolitical challenges related to information security and data breach threats.
  • More extensive personal data processing requirements.
Mitigation Strategies
  • Investing in climate-smart IT, solar parks, electric/hybrid cars, charging points, and energy-efficient cloud solutions.
  • Implementing initiatives to increase the attractiveness of the tech industry among students and young people.
  • Working proactively with incidents through a security-focused development process and customized training for all staff.
  • Developing objective internal recruitment procedures and unconscious bias training.

Supply Chain Management

Responsible Procurement
  • Climate-smart procurement and supply chains

Climate-Related Risks & Opportunities

Opportunities
  • Digital innovation that contributes to successful entrepreneurship with increased growth in society and more quality jobs.

Reporting Standards

Frameworks Used: UN Global Goals, Greenhouse Gas Protocol (GHG)

Certifications: ISO 27001

UN Sustainable Development Goals

  • Target 5.1
  • Target 8.3
  • Target 9.3
  • Target 10.3
  • Target 13.2

Lime's initiatives align with these SDGs through promoting gender equality, supporting job creation, increasing access to financial services, reducing inequalities, and integrating climate change measures into policies and planning.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:194,111 kg CO2e
Scope 1 Emissions:21,560 kg CO2e
Scope 2 Emissions:35,271.9 kg CO2e
Scope 3 Emissions:96,031 kg CO2e (hardware) + 34,362 kg CO2e (private car travel)
Total Energy Consumption:918,427 kWh
Carbon Intensity:0.336 kg CO2/kSEK (2023)

ESG Focus Areas

  • Promote digitalisation
  • Information security and the protection of personal data
  • Attracting and retaining talent
  • Reduced climate impact

Environmental Achievements

  • Produced 300 MWh of clean solar energy, covering electricity consumption in all offices
  • Became ISO 27001 certified in 2023 for information security management system.
  • Environmental policy established.

Social Achievements

  • Received a silver medal at the Allbright Awards for efforts in inclusion initiatives.
  • 37% women throughout the organization and an equal share in managerial positions.
  • Staff turnover was just 7%.
  • 73 new employees recruited.

Governance Achievements

  • Joined the UN Global Compact.
  • 100% of employees completed internal information security training.

Climate Goals & Targets

Medium-term Goals:
  • Achieve 40-60% women in all departments and markets.
Short-term Goals:
  • Develop clearer objectives and actions to further strengthen our commitment to climate change mitigation (2024).

Environmental Challenges

  • Lack of skilled staff in the tech industry.
  • Potential data leaks and improper processing of personal data.
  • Increased greenhouse gas emissions from digital services and e-waste.
  • Skills shortage
Mitigation Strategies
  • Rigorous recruitment process, solid induction process, leadership training.
  • ISO 27001 certification, flexible data storage, customized staff training, security-focused development process.
  • Climate-smart IT, investments in solar parks, climate-smart procurement, transition to cloud-based solutions.
  • Increased diversity and inclusion initiatives to reduce skills shortages.

Supply Chain Management

Responsible Procurement
  • Climate-smart procurement and supply chains
  • Integrating sustainability principles into business decisions (e.g., environmentally friendly shipping).

Climate-Related Risks & Opportunities

Opportunities
  • Digitalisation to reduce CO2 emissions

Reporting Standards

Frameworks Used: UN Global Compact, GHG Protocol

Certifications: ISO 27001

UN Sustainable Development Goals

  • Goal 5 (Gender equality)
  • Goal 8 (Decent work and economic growth)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 10 (Reduced inequalities)
  • Goal 13 (Climate action)

Lime's initiatives contribute to these goals through various programs and policies.

Awards & Recognition

  • Allbright Award - Silver Medal