Read more about targets, outcomes and activities on our path to the future value chain.
The value chain of the future focuses on the company's sustainability activities within its value chain. The work with and results of Knowit’s direct and indirect positive and negative impact on the value chain are followed up and reported.
Target: From a climate perspective, this means that Knowit has a goal to influence its value chain (Scope 3), both suppliers and clients, to reduce its GHG emissions in line with the 1.5-degree goal.
Result: See picture. The largest negative climate impact is from corporate travel and purchasing of electronics.
Activities: During 2023, the Company plans to inform its suppliers, wherever possible, that Knowit expects its suppliers to adopt climate targets in line with the 1.5 °C Business Playbook. An easy way for the Company’s suppliers to do this is to join the Exponential Roadmap Initiative and adopt climate targets in line with the 1.5 °C Business Playbook. For several years, Knowit has worked actively to decrease its negative impact in these areas, for instance by implementing a new travel policy, choosing offices near public transportation hubs, and establishing a safe and sustainable routing for reuse and recycling of electronics.
Target: All suppliers used for important purchases shall be managed in accordance with Knowit’s purchasing routines.*
Result: See picture. During 2022, there were no suppliers on Knowit’s watch list. Two of the four suppliers that were on Knowit’s list of non-approved suppliers in 2020 remained on the list in 2021 and 2022.
Activities: The suppliers and sub-consultants that Knowit hires operate on the markets where Knowit operates and should work in accordance with the same basic values as Knowit. This is ensured through Knowit choosing suppliers/subconsultants after an evaluation showing that their fundamental values correspond to those of Knowit’s Code of Conduct. We call this principle “Careful Selection.” If Knowit assesses that there is uncertainty regarding or that there is a risk that a supplier’s fundamental values or actions do not correspond to Knowit’s Code of Conduct, and this cannot be clarified without contacting the supplier, Knowit’s internal supplier evaluation shall be supplemented by a “Survey for supplier evaluation.”
* An important purchase is one where the purchase is of a certain size and is expected to affect quality or is important from a sustainability perspective. There is no strict threshold, but as a rule of thumb, an important purchase is a standalone purchase of goods exceeding SEK 10,000 (or one that makes up part of an annual total volume exceeding SEK 50,000) or a purchase of services exceeding SEK 100,000 (or one that makes up part of an annual total volume exceeding SEK 250,000).
We work actively to contribute to the UN Agenda 2030 and the development of society, with a particular focus on positive environmental and climate impact, and increased inclusion. Here you can read what we do and our achievements so far in the different areas of sustainability:
Our sustainability work is gathered in Knowit's annual report. Here you will find in-depth information about how we work for a healthy workplace, increased gender equality, less carbon dioxide emissions – and much more. You can also contact us with your sustainability questions.
