- Market demand affected by economic development, OEM programmes and competition.
- High dependence on the US dollar exchange rate.
- Credit risks linked to accounts receivable, particularly in Retrofit and VIP segments.
- Risks related to supply chain disruptions.
- Risks of obsolescence and competition in the aftermarket.
CTT Systems AB
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, CTT Systems AB disclosed greenhouse gas emissions of 8 tCO2e/year (Scope 1 and 2). By scope: Scope 2: 8 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8 tCO2e/year (Scope 1 and 2)
2023
Renewable Energy
56% (electricity from solar panels)
of total energy
Water Usage
981 m3/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 8 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 8 tCO2e/year (Scope 1 and 2) |
| 2022 | 116.0K tonnes CO2 (customer savings) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by an estimated level equivalent to 83,000 cars through anti-condensation systems.
- Electricity produced from solar panels accounted for 56% of total electricity consumed directly.
- More than 99% of heat comes from renewable sources.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop an improved anti-condensation system with at least 5% improved energy efficiency.
📅 Medium-term
- Achieve climate neutrality throughout the value chain.
- Implement CSRD and ISO 14001 and 45001 certifications.
- Increase percentage of women in the company to >40%.
🔭 Long-term
- Become climate neutral / Net Zero.
🌱 ESG Focus Areas
Environmental responsibilityResponsible employerBusiness ethics and human rights