2023 Sustainability Report

We encourage transparency and accountability when it comes to sustainability. Our annual sustainability report includes information about the different aspects of our effort in becoming an even more sustainable company and player. Read on to dive into the key topics of the Cegal Sustainability Report 2023.

To us, sustainability is an essential part of our business. It is a necessity for reaching our ambitious goals, and it is important for our integrity and our values to be a responsible and sustainable company.  Also, as a portfolio company of private equity firm Norvestor, we have committed to publishing an annual sustainability report that describes the relevance of the work within Environment, Social, and Governance (ESG) in the industry we operate within. The report highlights key ESG topics, assesses performance on those topics, and provides an action plan to identify opportunities for value creation. The annual report monitors progress and keeps us focused on achieving the goals of becoming a more sustainable and future-oriented company over time, and the parameters we measure by are the highest standards of our industry

How Cegal work with sustainability

Our sustainability strategy and the way we work with these topics are organized into three pillars, each corresponding with one of the letters in the acronym ESG. 

• Environment – We contribute to a better environment. Taking care of the environment is an issue we don't only care about but contribute to. 
• Social - We take social responsibility. Our goal is to build a legendary company that our employees love to work for, and that our customers love to work with. 
• Governance - We are a responsible player. We must take responsibility beyond ourselves to contribute to the global sustainability agenda.

These pillars are guideposts when we decide where to put our efforts to make a difference, and we have KPIs (Key performance indicators) that let us know if we are on the right path. We have defined focus areas within each of these pillars to define where we have decided to put our efforts for this year. 

We have a sustainability committee in place to improve coordination and awareness and to assist the various teams in the company with information and activities in achieving our goals in the sustainability strategy. 

Below we will touch upon some of our most important ESG work. Click here to download the Cegal Sustainability Report 2023.  

Diversity, equity, inclusion, and belonging

Diversity, equity, inclusion, and belonging are inherent parts of our work for increased sustainability. Remembering that the diversity of our workforce, our customer base, and for society as such is a valuable asset, not just something we need to adjust to and be mindful about. Diversity in the tech industry has for quite some time been narrowed down to working towards an improved balance between men and women among employees. Whilst still an important topic, we believe that we need to broaden the perspective of diversity from a binary view on gender, to include a wider range of aspects, such as gender identity, sexual orientation, neurodiversity, cultural and religious background, people with visible or invisible disabilities, and mental health. This is called intersectionality. 

We aim to: 

• Fight unconscious bias through awareness training and ensuring that this topic is on the agenda across our organization
• Working towards equal pay
• Ensure that among new hires more than 40% are women
• Ensure that new hires contribute to a lower average age across the company, as this parameter is now not balanced with a too high average age. 
  
  

Reducing carbon footprint and setting the baseline for becoming net zero

Cegal strives to be carbon neutral by 2024 for its operations. By creating a roadmap for emission reduction, including procurement of renewable energy and obtaining Guarantee of Origin certificates, energy consumption is 98% based on renewables, and we closely monitor all aspects of our energy consumption.

Cegal achieved the ISO 140001 certification in 2021, covering environmental topics and standards.

We aim to:

• Supporting customers in achieving their sustainability goals.
• Expand the share of the revenue from the Renewables vertical by diversifying the offering.
• Providing digital technologies supporting reduced emissions.
• Establish metrics to quantify the positive impact of products & services: MWh/% energy savings.
• By moving customer data from on-premise solutions to the public cloud, the estimated carbon emission reduction can be computed (around a 60% decrease).

The energy sector is undergoing a significant digital transformation, focusing highly on automation and software-based solutions. The Cegal offerings are highly relevant for this transformation, and the Cegal products and services get exposed to further optimization based on this trend.

The cloud saves tonnes of CO2 emissions >

Transparency and openness

Being transparent on both success and areas of improvement is crucial when working with sustainability. We know that we have put down a lot of hard work on sustainability, and we know that there are areas in which we need to improve. To us transparency management is crucial and we have defined a project to be working to ensure that we are compliant with the requirements set out in the Transparency Act.

We aim to include the following in this work

• Human Rights
• Decent Working Conditions
• Environment
• Anti-Corruption
  
  

Click here to download the Cegal Sustainability Report 2023 >

Learn more about UN's Sustainable Development Agenda >

Read more about how we work with sustainability >

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