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Internet of Planet AB's Climate Report

Submitted on 2022-12-09

Introduction *

Commitment And Targets *

Own emissions *

Value chain emissions *

(optional)

Actions and plans to reduce emissions *

Climate Solutions *

(optional)

Management and strategy *

(optional)

Results, challenges and outlook *

Version 3.0

Introduction *

reporting year

*

2022

number of employees in the reporting year

*

5

Commitment And Targets *

net zero target year

*

2030

Base year

*

2022

comment on your net zero targets

*

Our goal is that by 2030, Internet of Planet's (IoP) greenhouse gas emissions per employee across the value chain shall be reduced by a minimum of 80% (from 5 to 1 ton CO2e/employee) and no technically abatable greenhouse gas emissions shall remain. The remaining carbon footprint will be counter- balanced by like-for-like and durable (minimum 100 years) carbon removals. An intensity target is applied since Internet of Planet is a climate solutions company: all projects and solutions support the mission to halve global emissions by 2030. The net-zero target will be reviewed regularly to ensure best practice is being fulfilled.

near-term scope 1 target

*

-

target year

*

2025

near-term scope 2 target

*

30

target year

*

2025

near-term scope 3 target

*

50

target year

*

2025

comment on your near-term targets

*

50% reduction of intensity by 2025 for scope 1, 2 and 3 combined Scope 1: to remain at zero. Scope 2: to be fulfilled by using co-working space which uses 100% renewable electricity and ensuring 100% renewable electricity for home-working locations. Scope 3: target to be fulfilled by addressing emissions associated with cash in the bank, engaging with suppliers of all goods and services and keeping business travel to a minimum.

Own emissions *

scope 1 emissions

scope 1 emissions (metric tons co2e)

*

0.0

own facilities

*

N/A

own vehicles

*

N/A

own processes

*

N/A

scope 2 emissions

scope 2 emissions (metric tons co2e)

*

0.49

total energy consumption (kwh)

*

13800

renewable energy

*

95

purchased electricity

*

0.0672

metric tons CO2e

Renewable electricity (%)

100

purchased steam

*

N/A

Renewable electricity (%)

-

purchased heating

*

0.424

metric tons CO2e

Renewable electricity (%)

-

purchased cooling

*

N/A

Renewable electricity (%)

-

Comment on your energy consumption

*

Emissions from energy use are calculated based on average usage per square metre in Sweden. The total emissions from IoP's energy consumption are already at very low levels, but we have set plans to reduce these even further through better utilization of our office space and reaching 100% renewable electricity.

Value chain emissions (optional) *

scope 3 emissions

scope 3 emissions (metric tons co2e)

*

24.9

supply chain related - upstream emissions

purchased goods and services

*

7.1

metric tons CO2e

capital goods

*

N/A

fuel and energy related activities

*

0.1

metric tons CO2e

transportation and distribution (upstream)

*

N/A

waste in operations

*

N/A

business travel

*

5.4

metric tons CO2e

employee commuting

*

0.04

metric tons CO2e

leased assets (upstream)

*

Not measured

customer related - downstream emissions

transportation and distribution (downstream)

*

N/A

processing of sold products

*

N/A

use of sold products

*

N/A

end-of-life treatment of products

*

Not measured

leased assets (downstream)

*

N/A

franchises

*

N/A

investments

*

12.3

metric tons CO2e

List any sources of emissions excluded:

*

All relevant sources of emissions - in terms of significance - are included.

describe the calculation methodology and comment on accuracy:

*

The calculation is estimated to include over 99% of Internet of Planet's emissions. The SMECH Business Calculator has been used to estimate the emissions in combination with methods applied by ClimateHero using emissions factors from DEFRA and other similar sources.

Actions and plans to reduce emissions *

Scope 1 Actions

own facilities

N/A

Keep at zero

own vehicles

N/A

Keep at zero

own processes

N/A

Keep at zero

scope 2 actions

purchased electricity

Yes

The co-working space used currently uses 95% renewable electricity, and the goal is to use an office in with 100% renewable electricity including for home work locations.

purchased steam

N/A

Not used.

purchased heating

Yes

Optimization of office space can help decrease energy usage. The goal is to use an office in with 100% renewable cooling and heating. It is currently not possible to directly impact the district heating energy mix used in the building.

purchased cooling

Yes

Optimization of office space can help decrease energy usage. The goal is to use an office in with 100% renewable cooling and heating. It is currently not possible to directly impact the cooling system in the building.

scope 3 actions

supply chain related (upstream)

purchased good and services

*

Yes

Key actions are taken related to consultancy services (1), data and IT services (2) data and IT equipment (3) and food (4) IoP is requesting all suppliers to disclose emissions, to commit to halving by 2030, to reporting emissions per product/services on invoices or in open databases, and to join the UN-based Race to Zero e.g. through the SMECH. IoP is reducing emissions from data & IT services and equipment by selecting products and services with lower footprints, by conscious selection of providers. IoP will continue to prioritize 2nd hand/refurbished equipment and set guidelines for the same. IoP has implemented a policy of only buying vegetarian food.

capital goods

*

Yes

The policy related to IT equipment is covered under purchased goods and services.

fuel and energy related activities

*

Yes

The actions for scope 2 will impact upstream energy activities in terms of less demand through improved office space utilization.

transportation and distribution (upstream)

*

N/A

The impact is insignificant and hence not calculated or a focus for IoP

waste in operation

*

N/A

The impact is insignificant and hence not calculated or a focus for IoP.

business travel

*

Yes

Internet of Planet a travel policy following the principles of virtual first, train second and minimising flights. For the cases where flights are needed, emissions should be minimized e.g. through choosing the lowest emissions route and also investing in sustainable aviation fuel.

employee commuting

*

Yes

The goal is that all employees use bicycle, public transport or EVs to commute to work, and that our commuting policy is included in the employee contracts moving forward. To facilitate this we are planning to provide the opportunity for employees to rent or purchase bicycles with some cost covered by the company.

upstream leased assets

*

N/A

IoP doesn't have any upstream leased assets.

customer related (downstream)

transportation and distribution (downstream)

*

N/A

Not relevant for IoP.

processing of sold products

*

N/A

Not relevant for IoP.

use of sold products

*

N/A

Not relevant for IoP - no physical products.

end-of-life treatment of products

*

N/A

Not relevant for IoP - no physical products.

leased assets (downstream)

*

N/A

IoP has no leased assets.

franchises

*

N/A

IoP has no franchises.

investments

*

Yes

Internet of planet is in dialogue with its bank to enable reductions in financed emissions in the coming years for its cash deposits. Further, the 1 percent ownership in ClimateView is included. A conservative estimate of the scope 1 and 2 emissions for ClimateView have been done. Insurance and banking fees are also included in this category. Calculations have been done based on spend-based emission factors (using the SMECH Business Calculator)

i have asked my suppliers to halve emissions before 2030 and join the un-backed race to zero campaign

*

Yes

percentage (%) of suppliers asked

*

100

percentage (%) of suppliers committed

*

20

i have communicated my commitment and actions to my business customers and asked them to join the un race to zero

*

Yes

percentage (%) of business customers asked

*

100

Percentage (%) of business customers committed

*

100

Climate Solutions (optional) *

What percentage of your total revenue comes from sales of climate solutions?

*

100

Provide descriptions/names of your climate solutions:

*

Our mission is to align innovators, disruptors and transformers to halve emissions bý 2030 through exponential climate action and solutions. We provide expert consultancy services with the sole purpose of halving emissions before 2030 through exponential climate action and solutions.

Methodology used to assess these as climate solutions:

*

Internet of Planet applies Exponential Roadmap Initiative's definition of climate solutions for service companies, which states that over 90% of the company's work should accelerate climate solutions and /or climate action.

How much of your research and development budget is allocated to climate solutions?

*

100

are you investing in climate and/or nature outside your value chain?

*

Yes

provide details of the project/s you invest in:

*

IoP invest is investing in the following to support global net-zero: just energy transition, protection and restoration of nature, durable carbon capture and sustainable aviation fuel for business trips by air.

how are they quality secured?

*

By selecting organisations with strong credibility, third-party verification and track record in regards to projects.

which value do they represent (in usd)?

*

1500 USD which represent 110 USD /ton value chain CO2e

Management and strategy (optional) *

Results, challenges and outlook *

Internet of Planet AB's Climate Report

Internet of Planet AB's Climate Report - 2022

Introduction *

reporting year

*

2022

number of employees in the reporting year

*

5

Commitment And Targets *

net zero target year

*

2030

Base year

*

2022

comment on your net zero targets

*

Our goal is that by 2030, Internet of Planet's (IoP) greenhouse gas emissions per employee across the value chain shall be reduced by a minimum of 80% (from 5 to 1 ton CO2e/employee) and no technically abatable greenhouse gas emissions shall remain. The remaining carbon footprint will be counter- balanced by like-for-like and durable (minimum 100 years) carbon removals. An intensity target is applied since Internet of Planet is a climate solutions company: all projects and solutions support the mission to halve global emissions by 2030. The net-zero target will be reviewed regularly to ensure best practice is being fulfilled.

near-term scope 1 target

*

-

target year

*

2025

near-term scope 2 target

*

30

target year

*

2025

near-term scope 3 target

*

50

target year

*

2025

comment on your near-term targets

*

50% reduction of intensity by 2025 for scope 1, 2 and 3 combined Scope 1: to remain at zero. Scope 2: to be fulfilled by using co-working space which uses 100% renewable electricity and ensuring 100% renewable electricity for home-working locations. Scope 3: target to be fulfilled by addressing emissions associated with cash in the bank, engaging with suppliers of all goods and services and keeping business travel to a minimum.

Own emissions *

scope 1 emissions

scope 1 emissions (metric tons co2e)

*

0.0

own facilities

*

N/A

own vehicles

*

N/A

own processes

*

N/A

scope 2 emissions

scope 2 emissions (metric tons co2e)

*

0.49

total energy consumption (kwh)

*

13800

renewable energy

*

95

purchased electricity

*

0.0672

metric tons CO2e

Renewable electricity (%)

100

purchased steam

*

N/A

Renewable electricity (%)

-

purchased heating

*

0.424

metric tons CO2e

Renewable electricity (%)

-

purchased cooling

*

N/A

Renewable electricity (%)

-

Comment on your energy consumption

*

Emissions from energy use are calculated based on average usage per square metre in Sweden. The total emissions from IoP's energy consumption are already at very low levels, but we have set plans to reduce these even further through better utilization of our office space and reaching 100% renewable electricity.

Value chain emissions (optional) *

scope 3 emissions

scope 3 emissions (metric tons co2e)

*

24.9

supply chain related - upstream emissions

purchased goods and services

*

7.1

metric tons CO2e

capital goods

*

N/A

fuel and energy related activities

*

0.1

metric tons CO2e

transportation and distribution (upstream)

*

N/A

waste in operations

*

N/A

business travel

*

5.4

metric tons CO2e

employee commuting

*

0.04

metric tons CO2e

leased assets (upstream)

*

Not measured

customer related - downstream emissions

transportation and distribution (downstream)

*

N/A

processing of sold products

*

N/A

use of sold products

*

N/A

end-of-life treatment of products

*

Not measured

leased assets (downstream)

*

N/A

franchises

*

N/A

investments

*

12.3

metric tons CO2e

List any sources of emissions excluded:

*

All relevant sources of emissions - in terms of significance - are included.

describe the calculation methodology and comment on accuracy:

*

The calculation is estimated to include over 99% of Internet of Planet's emissions. The SMECH Business Calculator has been used to estimate the emissions in combination with methods applied by ClimateHero using emissions factors from DEFRA and other similar sources.

Actions and plans to reduce emissions *

Scope 1 Actions

own facilities

N/A

Keep at zero

own vehicles

N/A

Keep at zero

own processes

N/A

Keep at zero

scope 2 actions

purchased electricity

Yes

The co-working space used currently uses 95% renewable electricity, and the goal is to use an office in with 100% renewable electricity including for home work locations.

purchased steam

N/A

Not used.

purchased heating

Yes

Optimization of office space can help decrease energy usage. The goal is to use an office in with 100% renewable cooling and heating. It is currently not possible to directly impact the district heating energy mix used in the building.

purchased cooling

Yes

Optimization of office space can help decrease energy usage. The goal is to use an office in with 100% renewable cooling and heating. It is currently not possible to directly impact the cooling system in the building.

scope 3 actions

supply chain related (upstream)

purchased good and services

*

Yes

Key actions are taken related to consultancy services (1), data and IT services (2) data and IT equipment (3) and food (4) IoP is requesting all suppliers to disclose emissions, to commit to halving by 2030, to reporting emissions per product/services on invoices or in open databases, and to join the UN-based Race to Zero e.g. through the SMECH. IoP is reducing emissions from data & IT services and equipment by selecting products and services with lower footprints, by conscious selection of providers. IoP will continue to prioritize 2nd hand/refurbished equipment and set guidelines for the same. IoP has implemented a policy of only buying vegetarian food.

capital goods

*

Yes

The policy related to IT equipment is covered under purchased goods and services.

fuel and energy related activities

*

Yes

The actions for scope 2 will impact upstream energy activities in terms of less demand through improved office space utilization.

transportation and distribution (upstream)

*

N/A

The impact is insignificant and hence not calculated or a focus for IoP

waste in operation

*

N/A

The impact is insignificant and hence not calculated or a focus for IoP.

business travel

*

Yes

Internet of Planet a travel policy following the principles of virtual first, train second and minimising flights. For the cases where flights are needed, emissions should be minimized e.g. through choosing the lowest emissions route and also investing in sustainable aviation fuel.

employee commuting

*

Yes

The goal is that all employees use bicycle, public transport or EVs to commute to work, and that our commuting policy is included in the employee contracts moving forward. To facilitate this we are planning to provide the opportunity for employees to rent or purchase bicycles with some cost covered by the company.

upstream leased assets

*

N/A

IoP doesn't have any upstream leased assets.

customer related (downstream)

transportation and distribution (downstream)

*

N/A

Not relevant for IoP.

processing of sold products

*

N/A

Not relevant for IoP.

use of sold products

*

N/A

Not relevant for IoP - no physical products.

end-of-life treatment of products

*

N/A

Not relevant for IoP - no physical products.

leased assets (downstream)

*

N/A

IoP has no leased assets.

franchises

*

N/A

IoP has no franchises.

investments

*

Yes

Internet of planet is in dialogue with its bank to enable reductions in financed emissions in the coming years for its cash deposits. Further, the 1 percent ownership in ClimateView is included. A conservative estimate of the scope 1 and 2 emissions for ClimateView have been done. Insurance and banking fees are also included in this category. Calculations have been done based on spend-based emission factors (using the SMECH Business Calculator)

i have asked my suppliers to halve emissions before 2030 and join the un-backed race to zero campaign

*

Yes

percentage (%) of suppliers asked

*

100

percentage (%) of suppliers committed

*

20

i have communicated my commitment and actions to my business customers and asked them to join the un race to zero

*

Yes

percentage (%) of business customers asked

*

100

Percentage (%) of business customers committed

*

100

Climate Solutions (optional) *

What percentage of your total revenue comes from sales of climate solutions?

*

100

Provide descriptions/names of your climate solutions:

*

Our mission is to align innovators, disruptors and transformers to halve emissions bý 2030 through exponential climate action and solutions. We provide expert consultancy services with the sole purpose of halving emissions before 2030 through exponential climate action and solutions.

Methodology used to assess these as climate solutions:

*

Internet of Planet applies Exponential Roadmap Initiative's definition of climate solutions for service companies, which states that over 90% of the company's work should accelerate climate solutions and /or climate action.

How much of your research and development budget is allocated to climate solutions?

*

100

are you investing in climate and/or nature outside your value chain?

*

Yes

provide details of the project/s you invest in:

*

IoP invest is investing in the following to support global net-zero: just energy transition, protection and restoration of nature, durable carbon capture and sustainable aviation fuel for business trips by air.

how are they quality secured?

*

By selecting organisations with strong credibility, third-party verification and track record in regards to projects.

which value do they represent (in usd)?

*

1500 USD which represent 110 USD /ton value chain CO2e

Management and strategy (optional) *

Results, challenges and outlook *

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