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Primus Silva AB's Climate Report

Submitted on 2024-08-29

Introduction *

1.1 Reporting year*

2023

1.1.1 Reporting period*

from 1.2023 to 1.2024

1.2 Describe your business activities*

Design, import and manufacturing of outdoor goods within cooking, lighting and navigation.

1.4 Number of employees in the reporting year*

68

1.4.1 Full-time equivalent (FTE) or headcounts*

Full-time equivalent

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*

2040

2.1.1 Base year*

2023

2.2 Near-term target*

60% of intensity total emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.*

-

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*

272000 kwh

3.3 Renewable energy*

218000 kwh

Scope 1 emissions

3.4 Scope 1 emissions*

72 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions*

73 metric tons CO2e

3.6 Market based scope 2 emissions*

18 metric tons CO2e

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

Change to renewable energy in all locations, phase in EV cars. Energy savings at assembly plant.

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

The "operational control" principle is used. For scope 1, this means that emissions from cars and other assets over which the company has full control are included, regardless of whether they are owned or leased. For calculation of the company's emissions from electricity (scope 2), the “market-based” principle is used, i.e. the emission intensity of grid electricity is calculated based on the specific purchase contract. Charging of electric cars is calculated based on the "location-based" method. In addition to regular offices, all home offices that are financially compensated for by Primus-Silva are included in scope 2.

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*

5816 metric tons CO2e

Supply chain related - upstream emissions

Customer related - downstream emissions

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

Yes

Design guidelines for new products, swap of materials with high footprint, bio based fuels, energy management at suppliers

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?*

-

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.*

For scope 3, and the emission-driving activities linked to the production and distribution of Primus-Silva’s products, previously completed LCAs, specific production supplier data and carrier supplier reports were used as company-specific data. Relevant data points were extrapolated for Primus-Silva’s entire product offering. Where necessary, these data points were supplemented with conservative estimates to not miss important emission drivers such as material use, production waste, energy use, packaging materials and transportation.

Climate Solutions (optional)

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

-

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

-

5.3 Provide descriptions/names of your climate solutions:*

-

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*

-

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.*

6.1 Explain*

-

6.1.1 Please describe their position and responsibility.*

-

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

-

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

No - we plan to in the next 1-5 years

6.2.1 Where are the climate risks you've identified?*

-

6.2.1 Explain*

-

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

6.2.2 Explain*

-

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

-

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

-

-

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

-

-

Results, Challenges and Outlook *

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

First year as a "new" company so difficult to compare year to year.

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 3 emissions, Balancing emission reductions with business growth, Insufficient policies or government incentives, Time constraints, Lack of skills and knowledge, Limited influence over suppliers

Specify other challenges*

-

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

Yes

Report/calculations done by third party

Primus Silva AB's Climate Report

Primus Silva AB's Climate Report - 2023

Introduction *

1.1 Reporting year*

2023

1.1.1 Reporting period*

from 1.2023 to 1.2024

1.2 Describe your business activities*

Design, import and manufacturing of outdoor goods within cooking, lighting and navigation.

1.4 Number of employees in the reporting year*

68

1.4.1 Full-time equivalent (FTE) or headcounts*

Full-time equivalent

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*

2040

2.1.1 Base year*

2023

2.2 Near-term target*

60% of intensity total emission reduction from my base year by 2030

2.3 Provide any additional comments or context on your net zero and near term targets.*

-

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*

272000 kwh

3.3 Renewable energy*

218000 kwh

Scope 1 emissions

3.4 Scope 1 emissions*

72 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions*

73 metric tons CO2e

3.6 Market based scope 2 emissions*

18 metric tons CO2e

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

Change to renewable energy in all locations, phase in EV cars. Energy savings at assembly plant.

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

The "operational control" principle is used. For scope 1, this means that emissions from cars and other assets over which the company has full control are included, regardless of whether they are owned or leased. For calculation of the company's emissions from electricity (scope 2), the “market-based” principle is used, i.e. the emission intensity of grid electricity is calculated based on the specific purchase contract. Charging of electric cars is calculated based on the "location-based" method. In addition to regular offices, all home offices that are financially compensated for by Primus-Silva are included in scope 2.

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*

5816 metric tons CO2e

Supply chain related - upstream emissions

Customer related - downstream emissions

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

Yes

Design guidelines for new products, swap of materials with high footprint, bio based fuels, energy management at suppliers

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?*

-

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.*

For scope 3, and the emission-driving activities linked to the production and distribution of Primus-Silva’s products, previously completed LCAs, specific production supplier data and carrier supplier reports were used as company-specific data. Relevant data points were extrapolated for Primus-Silva’s entire product offering. Where necessary, these data points were supplemented with conservative estimates to not miss important emission drivers such as material use, production waste, energy use, packaging materials and transportation.

Climate Solutions (optional) *

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

-

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

-

5.3 Provide descriptions/names of your climate solutions:*

-

5.4 Methodology used to assess these as climate solutions, and third party which has validated the assessment, if any:*

-

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.*

6.1 Explain*

-

6.1.1 Please describe their position and responsibility.*

-

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

-

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

No - we plan to in the next 1-5 years

6.2.1 Where are the climate risks you've identified?*

-

6.2.1 Explain*

-

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

6.2.2 Explain*

-

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

-

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

-

-

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

-

-

Results, Challenges and Outlook *

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

First year as a "new" company so difficult to compare year to year.

7.2 Do you face any key challenges in reducing emissions?*

Reducing scope 3 emissions, Balancing emission reductions with business growth, Insufficient policies or government incentives, Time constraints, Lack of skills and knowledge, Limited influence over suppliers

Specify other challenges*

-

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

Yes

Report/calculations done by third party

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