Sustainability report
Message from the management
This is our second year of ESG reporting, and we have come a long way since last year. Especially when it comes to understanding - and reporting on–the different topics of ESG.
A large part of our focus this year has been on proper documentation, reporting, and complying with the rules and standards of ESG. This has given us a deeper understanding of our impacts and efforts, and it is a stepping stone for our further endeavors. Our other areas of focus have been employee health and fitness – and finding more ways to reduce emissions in our energy consumption.
We are confident we will find new ways to improve our company in the future–and we know that these ways will be paved with factual insights.
ESG strategy
Last year we mapped a high-level picture of our value chain to identify areas of impacts, risks and opportunities relating to our operations and business relationships. Our assessment of topics was informed by dialogues with employees and several customers and suppliers, which provided valuable insights into their expectations from us as an employer and a business partner.
To prioritize relevant sustainability topics for our company, we applied a double materiality assessment approach, in which we considered the likelihood and severity of our (potential) impacts on one side, and the financial risks and opportunities on the other side. Based on the Future-Fit framework, a list of 23 topics was scored throughout the assessment, and the following areas have had the highest priority for us.
They were:
- Energy
- Pollution
- Procurement, waste, and product communication
- People
This is still very much the foundation of our ESG strategy, and we have made efforts in ensuring both focus and compliance in our ESG work by introducing a new dedicated HR function. A function that gathers information, reports accordingly, and drives our strategy forward.
This role is vital to making our data available to our customers, so they can make informed decisions concerning us and our collaboration. Starting from last year we are scoring our efforts through EcoVadis, and we have been rewarded with a bronze sustainability rating. Our ambition is to obtain a silver rating this year.
Environment and climate
We are committed to lessening our impact on the planet. We deliver digital products and our direct impacts mainly come from our energy consumption - from both creating and using our products. Emissions from work related travels and running our offices are also taken into account.
Our indirect impacts come from the products and services we use – and of course the products we help market.
CO2e
Our calculations are based on Erhvervsstyrelsens Klimaberegner (The Danish Business Authority), and they are in accordance with the internationally approved standards of the GHG protocol.
Energy and resources
Our energy- and water use is within what’s expected for a company like ours, and we are still quite a bit above the average when it comes to our share of renewable energy. We have actually managed to increase our share a bit, but we are still searching for ways to do more.
We are constantly looking at new ways to minimize emissions from our energy consumption. Last year, we looked into an array of options – such as solar panels and clever ventilation - to improve our efforts. So far, we have installed intelligent ventilation, while we are still investigating solar panels with the addition of battery packs. This is a complex solution, and we know now that a large amount of thought and patience is needed in these processes.
We will however continue to find new ways to lessen our consumption and impact.
The decrease in our energy consumption from last year’s report is mainly due to us residing solely on one address in 2023 – whereas we were split on two for a while in 2022.
Social
We currently have 68 full-time employees working for us. We are situated in Denmark, Germany, and the UK, and we have a wide range of skills represented on our payroll. Some departments are male-dominated, which of course also has to do with the number of men in the field. In 2022, 67 percent of employees in tech companies were male – 75 percent in the technical roles, according to Deloitte1. This is pretty much on par with our numbers.
We still have a gender pay gap which favors our female employees. This is primarily due to their roles and seniority.
Regarding absence and sick leave, we reported numbers below the national average last year (10 days for us, 11 days for the national average in 20222), and our number of sick days has further declined in 2023.
Equality and clients
Equity
Technology is – still – a male dominated field. Our share of female employees is on the industry average, but approximately half of our female coworkers have other roles than the ones in tech and production - such as sales, project management, finance, and HR. This might also explain why our gender pay gap favors our female employees.
We do not have, nor have we had, issues with hiring women for any positions. We have taken steps to make sure we do not have any unconscious biases when hiring, and we have implemented these steps in our code of conduct.
We hope to still attract the biggest talents in our industry – male, female, or other – in the years to come.
Clients
Our clients come from a long range of industries, and most deliver high-end products. We have been able to retain 91 percent of our clients – a number we are very satisfied with. We believe it perfectly illustrates the trusting relationship between us and our clients perfectly well – and it seems that our customer experience efforts are paying off.
Employees and clients
Governance
Board diversity
Our board of directors still consists of men only, which is unfortunate - and unintentional. Board selection is based on merit (experience and fields of competence). We have previously had women on the board, and we will not hesitate to do so again.
We have established a formalized selection and hiring process to ensure transparency over this metric.
Our CEO-to-worker pay gap has risen a bit since last year, and this is due to some high paid senior roles departing and being replaced with more junior profiles – and not C-level pay increases.
- SDGs
- Sustainable energy
- Industry, innovation and infrastructure
- Responsible consumption and production
- Climate action
Sustainable Development Goals
We have chosen to work with the following Sustainable Development Goals. These are in line with our values and our field of business.
Sustainable energy
We must ensure that everyone has access to reliable, sustainable and modern energy at an affordable price.
Industry, innovation and infrastructure
We must build robust infrastructure, promote inclusive and sustainable industrialization and support innovation.
Responsible consumption and production
We must ensure sustainable consumption and production.
Climate action
We must act quickly to combat climate change and its consequences.