Our CO2 emissions and environmental impact primarily exists from our procurement activities as well as our water consumption and transportation. Our CO2 emissions in 2024 were mainly due to our purchases and transportation.

An important objective is to reduce our CO2 emissions, and we will work towards lowering it next year and beyond. We will amongst others focus on our procurement activities.

Looking at 2023 we successfully managed to reduce our Scope 1 emissions from 9,81 tCO2e to 7,93 tCO2e. Our scope 2 emissions also decreased from 2,99 tCO2e to 2,65 tCO2e using market based emissions.

 

As a smaller company, our water and electricity consumption is already limited. However, there are areas where we can make adjustments and optimize our CO2 emissions, thereby making better use of our energy resources. In our business, we have chosen to focus on reducing our energy consumption by implementing energy-efficient upgrades and monitoring our usage.

This approach enables us to ensure the most efficient operations possible, benefiting both the environment and cost savings. Implementing this approach has furthermore proven to pay dividends. Whilst our water consumption has increased slightly from 76 m3 in 2023 to 79m3 in 2024 this also reflects the fact that we are more people than we where last year. Our energy consumption has therefore also slightly increased from 136 220 MJ in 2023 to 143 237 MJ.

In NCI Advisory, we are a small team with a healthy gender split. We find that a balanced work/private life is important.  We actively work on employee retention by offering flexible conditions and the option to work from home or elsewhere. We take pride in maintaining this, as it is essential for our employees , and it creates satisfaction, motivation and supports loyalty.

We strive to keep an environment where the team feels secure and comfortable. We strive to be an inclusive and engaging workplace.

Our social commitment particularly emphasizes making balanced decisions across the organization.

We have increased the number of FTE's to 5.5 from 5 causing the percentage of female employees to decrease by around 4%. Since we employ so few FTE's this number will naturally have larger than average fluctuations when changes to the staff are made.

 “NCI Advisory’s employee turnover was 9%, reflecting the conclusion of a part-time consultant engagement during 2024.” 

Solid short and long-term decision making in the management and  board is the foundation for strong future competitiveness. Therefore, we emphasize that the board is composed of members with diverse competencies and backgrounds, and that they actively participate in meetings. We have a goal of achieving 100% attendance at board meetings and we foster a culture of full alignment and consensus.