Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Pollution
• Circular Economy
• Employees and social environment
• Business ethics

Environmental Achievements

• Radio units consume less than half the energy compared to competitors, resulting in maintenance-free and climate-smart products.
• Products result in up to 96% less CO2 emissions during the manufacturing process compared to traditional alternatives.
• Sustainable Remotes reduce CO2 emissions by 58-64% over 20 years compared to conventional devices.
• Green Central Units contribute to 50-73% lower CO2 emissions over a 20-year cycle.

Social Achievements

• 0% employee turnover and 0.5% sick leave in 2023.
• Active work environment management with zero occupational injuries.
• Zero notifications received through the independent whistleblower function.
• Employee stock option program issued to all employees in 2022.

Governance Achievements

• Established Code of Conduct, Business Ethics, and anti-corruption policies.
• Zero reported or investigated cases of corruption.
• 100% of employees have read all policies.

Climate Goals & Targets

Environmental Challenges

• Achieving gender balance in an unequal industry (83% men).
• Potential risks of human rights and labor violations early in the value chain.
• Managing transition risks linked to climate change (emission regulations, increased production costs).

Mitigation Strategies

• Continuous work to achieve a more even gender balance through equal compensation and development opportunities.
• Requirements that materials used in production must not contain conflict minerals; subcontractors must carry out origin checks.
• Products are manufactured from Swedish aluminum produced and processed with renewable energy; assembly takes place at environmentally certified suppliers close to customers.

Supply Chain Management

Supplier Audits: Annual evaluation of all suppliers based on environmental management systems and efforts to reduce carbon dioxide emissions; environmental audit of contract manufacturers to be carried out in 2024.

Responsible Procurement

• All suppliers must be environmentally certified according to ISO 14001 and comply with RoHS Directive.
• Suppliers must work towards using 100% green electricity.
• Requirements for traceable inputs; suppliers sign MW's Code of Conduct; conflict minerals completely excluded.

Climate-Related Risks & Opportunities

Transition Risks

• Emission regulations
• Increased production costs

Opportunities

• Development of energy-efficient products

UN Sustainable Development Goals

• 9
• 11
• 12
• 13

The company's environmental work addresses UN's Agenda 2030 goals 9, 11, 12, and 13.

Sustainable Products & Innovation

• Energy-efficient radio units
• Sustainable Remotes
• Green Central Units