Greenhouse gas emissions calculation GRI
302-1, 302-2, 302-4, 305-1, 305-2, 305-3, 305-5
In 2021, our company established a baseline for scope 1, 2, and 3 emissions. Since all employees work from the office and use laptops and monitors, we included the annual energy use of each employee, which amounted to 1764 hours per employee, or a total of 141,120 hours for the company. This resulted in a total of 22 metric tonnes of CO2 in 2021, which increased to 30 metric tonnes in 2022 because we hired more people from Ukraine.
We also analyzed employee commute data and found that only 5 people use private cars or public transportation to come to the office, resulting in an annual CO2 emission of 13 metric tonnes.
In addition, we calculated business travel emissions, which were primarily long-haul flights to the US and Canada, resulting in an annual CO2 emission of 2.4 metric tonnes. By tracking and analyzing this data, we aim to reduce our carbon footprint and improve our sustainability performance.
Category |
Activity Data |
Total Emissions (metric tonnes) (2021) Baseline |
Total Emissions - 2022 |
|---|---|---|---|
Scope 2 |
Electricity consumption - Employees (kWh) |
23.000 |
30.000 |
Scope 3 |
Commuting emissions (km) |
0.000 |
13.536 |
|
|
Business travel emissions (km) |
0.000 |
3.000 |
Total |
|
23.000 |
46.536 |
Climate risks and strategies to mitigate those risks
GRI 202-2
Climate Risk |
|
Solution or Mitigation Strategy |
|---|---|---|
Physical Risks |
Extreme weather events: |
Developed and implemented a business continuity plan to minimize disruption to operations in the event of extreme weather. Established relationships with critical suppliers and service providers to ensure continuity of operations Developed and implemented a crisis communication plan to manage reputational risks. |
|
|
Heat waves: |
Implemented measures to reduce heat stress such as air conditioning. Provided health and safety training to employees to help them recognize and respond to heat-related illness Encouraged employees to take breaks in cool areas |
Transition Risks: |
Changes in policy and regulations: Shifts in consumer demand: Technological advancements: |
Monitored and engaged in policy and regulatory developments related to climate change Developed a plan to adapt to new regulations and policies Invested in research and development to identify and develop new products and services that align with a low-carbon economy such as ESG integration in Gravity. Increased marketing efforts to promote sustainable products and services Invested in research and development to stay current with new technologies and innovations Implemented new technologies that can improve the company’s energy efficiency and reduce greenhouse gas emissions |
Reputation Risks |
Reputational damage: |
Developed and implemented a sustainability strategy that addressed the company’s climate risks and opportunities Developed and implemented a plan to reduce the company’s greenhouse gas emissions |