New Wave Group Annual Report 2025 2025 | Page 63

NWG // SUSTAINABILITY STATEMENT
E1-4: Targets related to climate change mitigation and adaptation
Targets for greenhouse gas emissions New Wave Group has internal guidelines for greenhouse gas emissions but has not yet established externally communicated emission reduction targets, as the process is still ongoing to ensure that such targets are realistic, measurable and aligned with international standards and climate objectives. The formulation of targets is currently being discussed by the Group’ s Board and the Audit Committee. The aim is to establish concrete greenhouse gas emission reduction targets in the coming periods.
Products with sustainability attributes In New Wave Group’ s CSR and Environmental policy, it is stated that the Group shall work towards the use of more preferred materials and / or more resource efficient manufacturing processes. New Wave Group has chosen to measure this through an internal indicator,“ Products with sustainability attributes”. This indicator does not meet the ESRS definition of a“ target”, but it constitutes an important part of the Group’ s sustainability strategy and is therefore presented under SBM 1: strategy, business model and value chain.
Material impacts, risks and opportunities that are not linked to targets New Wave Group is aware of the need to develop more specific targets, in addition to the indicator“ Products with sustainability attributes” related to the identified climate related impacts, risks and opportunities. A process is underway to further develop methodologies for measurement, data collection and scoping. At present, the availability of reliable and comparable data is not considered sufficient to establish meaningful, measurable and verifiable targets. The Group is continuously working to strengthen data quality and analytical capabilities, as well as to integrate these areas into relevant governance and decision making processes. The ambition is to define targets for material impacts, risks and opportunities once the necessary conditions are deemed adequate.
New Wave Group has initiated processes to monitor the effectiveness of its policies and measures related to material climate related impacts, risks and opportunities. At present, monitoring is carried out through qualitative assessments within the framework of the Group’ s regular follow up and governance processes. A formalized and standardized process for systematic monitoring has yet been established.
The ambition is to gradually develop indicators and follow up methods that enable a more structured assessment of progress over time. Currently, no fixed base period is used, but reported outcomes serve as a reference point for future monitoring.
E1-5: Energy consumption and mix
Energy consumption and mix 2025
Fuel consumption from coal and coal products( MWh) 0 Fuel consumption from crude oil and petroleum products( MWh) 81,634 Fuel consumption from natural gas( MWh) 7,466 Fuel consumption from other fossil sources( MWh) 0
Consumption of purchased or acquired electricity, heat, steam, and cooling from fossil sources( MWh) 8,253
Total fossil energy consumption( MWh) 97,354 Share of fossil sources in total energy consumption 83 % Consumption from nuclear sources( MWh) 775 Share of consumption from nuclear sources in total energy consumption 1 %
Fuel consumption for renewable sources, including biomass( also comprising industrial and municipal waste of biologic origin, biogas, renewable hydrogen, etc.)( MWh) 330
Consumption of purchased or acquired electricity, heat, steam, and cooling from renewable sources( MWh) 18,304
The consumption of self-generated non-fuel renewable energy( MWh)
Total renewable energy consumption( MWh) 18,634 Share of renewable sources in total energy consumption 16 %
Energy consumption data is based on a combination of primary data and estimates and covers both total energy use and the breakdown by energy source. To ensure a conservative calculation methodology, the energy source is assumed to be fossil in cases where it is not clearly specified.
The majority of the Group’ s energy consumption consists of purchased energy, primarily for offices and warehouse facilities. New Wave Group also has some in house production( including at Orrefors Kosta Boda, Glasma, Seger, Toppoint and Ahead), where direct energy use is more significant than in other parts of the Group. No company within the Group produces its own energy for sale to, and be used by, a third party.
0
2025 Total energy consumption( MWh) 116, 763
Total energy consumption from activities in high climate impact sectors per net revenue from activities in high climate impact sectors( MWh / million SEK)
Net revenue from activities in high climate impact sectors used to calculate energy intensity( in million SEK)
12
10,019,
Share of renewable sources in total energy consumption 16 % Total Net Revenue Annual financial statements *( in million SEK) 10,019
* See Note 3 and Note 4 in the New Wave Group consolidated financial statements 2025 for net revenue.
ANNUAL REPORT // 063