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The Laude Technology Company S.L.'s Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 1.2024 to 12.2024

1.2 Describe your business activities

*
Information technology, software and computer related activities.

1.4 Number of employees in the reporting year

*
184

1.5 Let us know if your company is a parent company or subsidiary

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2050

2.1.1 Base year

*
2023

2.2 Near-term target

*

50% of absolute scope 1 emission reduction from my base year by 2030

50 of absolute scope 2 emission reduction from my base year by 2030

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
35.766 kwh

3.3 Renewable energy

*
0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
0.662 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
16.44 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
We have implemented several measures to reduce our Scope 1 and 2 emissions in alignment with our sustainability goals: Transition to Hybrid Vehicles: Over the past year, we have replaced most of our leased vehicles with hybrid models, significantly lowering direct emissions associated with transportation. Currently, only one non-hybrid vehicle remains in our fleet, and plans are underway to replace it soon. Reduction in Electricity Consumption: We have implemented energy efficiency practices to decrease our electricity usage. However, we have also started measuring heating consumption, which was not accounted for in the baseline year. This adjustment has caused an increase in Scope 2 emissions this year despite our reduced electricity usage.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Business Carbon Calculator by Normative

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
59.611 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
53 metric tons CO2e

4.1.3 Capital goods

*
0.571 metric tons CO2e

4.1.5 Transportation and distribution (upstream)

*
2.54 metric tons CO2e

4.1.7 Business travel

*
3.5 metric tons CO2e

Customer related - downstream emissions

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

We prioritize working with suppliers who have a reduction climate action plan.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.2.1 What percentage of your suppliers have you asked?

*
- of spend

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
We rely on the Business Carbon Calculator by Normative to ensure a thorough and accurate calculation of Scope 3 emissions. Normative’s tool provides a comprehensive approach, using recognized emission factors and methodologies to estimate carbon footprints. However, the accuracy of the data is dependent on the quality and comprehensiveness of the inputs we provide, particularly from our suppliers and other external sources. We continuously work on improving the accuracy of our data collection processes to further enhance the precision of our Scope 3 emissions calculations.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place,Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
The company\\\\\\\\\\\\\\\'s management is involved, and there are two employees dedicated to this topic.

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Both operations and value chains

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve Integrated these adaptation plans into business practices

6.2.3 Provide any additional comments or context on your climate risks:

*
We are committed to this and value working with other companies that are also aware of and addressing climate risks.

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Yes, we have collaborated with WWF’s \\\\\\\\\\\\\\\"Earth Hour\\\\\\\\\\\\\\\" and conducted several campaigns for our employees to raise awareness and encourage them to stay alert to climate issues.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
This is our second year of measurements, and we have gained a deeper understanding of our environmental impact. When selecting new suppliers, we have prioritized sustainability and considered their environmental practices. This year, we have expanded our measurements to include new areas, allowing us to identify where we have made progress and where further efforts are still needed.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Reducing scope 3 emissions,Electrifying the vehicle fleet and/or cutting transport emissions,Balancing emission reductions with business growth,Lack of skills and knowledge

7.3 Has there been any third party validation of the data submitted in this report?

*

Yes

Business Carbon Calculatro by Normative.

The Laude Technology Company S.L.'s Climate Report

The Laude Technology Company S.L.'s Climate Report - 2024

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 1.2024 to 12.2024

1.2 Describe your business activities

*
Information technology, software and computer related activities.

1.4 Number of employees in the reporting year

*
184

1.5 Let us know if your company is a parent company or subsidiary

*
Parent company

Commitment and Targets *

2.1 Net zero target year

*
2050

2.1.1 Base year

*
2023

2.2 Near-term target

*

50% of absolute scope 1 emission reduction from my base year by 2030

50 of absolute scope 2 emission reduction from my base year by 2030

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
35.766 kwh

3.3 Renewable energy

*
0 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
0.662 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
16.44 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
We have implemented several measures to reduce our Scope 1 and 2 emissions in alignment with our sustainability goals: Transition to Hybrid Vehicles: Over the past year, we have replaced most of our leased vehicles with hybrid models, significantly lowering direct emissions associated with transportation. Currently, only one non-hybrid vehicle remains in our fleet, and plans are underway to replace it soon. Reduction in Electricity Consumption: We have implemented energy efficiency practices to decrease our electricity usage. However, we have also started measuring heating consumption, which was not accounted for in the baseline year. This adjustment has caused an increase in Scope 2 emissions this year despite our reduced electricity usage.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
Business Carbon Calculator by Normative

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
Yes

4.1.1 Total scope 3 emissions

*
59.611 metric tons CO2e

Supply chain related - upstream emissions

4.1.2 Purchased goods and services

*
53 metric tons CO2e

4.1.3 Capital goods

*
0.571 metric tons CO2e

4.1.5 Transportation and distribution (upstream)

*
2.54 metric tons CO2e

4.1.7 Business travel

*
3.5 metric tons CO2e

Customer related - downstream emissions

4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?

*

Yes

We prioritize working with suppliers who have a reduction climate action plan.

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.2.1 What percentage of your suppliers have you asked?

*
- of spend

4.3 Have you communicated your commitment and actions to any of your customers?

*
Yes

4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.

*
We rely on the Business Carbon Calculator by Normative to ensure a thorough and accurate calculation of Scope 3 emissions. Normative’s tool provides a comprehensive approach, using recognized emission factors and methodologies to estimate carbon footprints. However, the accuracy of the data is dependent on the quality and comprehensiveness of the inputs we provide, particularly from our suppliers and other external sources. We continuously work on improving the accuracy of our data collection processes to further enhance the precision of our Scope 3 emissions calculations.

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Governance process in place,Person is responsible for climate strategy at board level

6.1.1 Please describe their position and responsibility.

*
The company\\\\\\\\\\\\\\\'s management is involved, and there are two employees dedicated to this topic.

6.1.2 Is this person (or another at executive and board level) also responsible for climate risk?

*
Yes

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified both climate risks and opportunities

6.2.1 Where are the climate risks you've identified?

*
Both operations and value chains

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve Integrated these adaptation plans into business practices

6.2.3 Provide any additional comments or context on your climate risks:

*
We are committed to this and value working with other companies that are also aware of and addressing climate risks.

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

Yes

Yes, we have collaborated with WWF’s \\\\\\\\\\\\\\\"Earth Hour\\\\\\\\\\\\\\\" and conducted several campaigns for our employees to raise awareness and encourage them to stay alert to climate issues.

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
This is our second year of measurements, and we have gained a deeper understanding of our environmental impact. When selecting new suppliers, we have prioritized sustainability and considered their environmental practices. This year, we have expanded our measurements to include new areas, allowing us to identify where we have made progress and where further efforts are still needed.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Reducing scope 3 emissions,Electrifying the vehicle fleet and/or cutting transport emissions,Balancing emission reductions with business growth,Lack of skills and knowledge

7.3 Has there been any third party validation of the data submitted in this report?

*

Yes

Business Carbon Calculatro by Normative.
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