FinancialEmbracer Group
Q1 ESG Fact Sheet: Sustainability at Embracer Group FY 2023/24
1 Mar 20249 pages~13 min full read
Embracer Group aims to reduce its carbon emissions by 45% by 2030, following a 2022/23 baseline of 687,102 tCO2e, with the majority of the footprint attributed to Scope 3 emissions.
The company has set a target to double the number of female Managing Directors and Studio Heads by 2025, starting from a current management representation of 23%.
The group currently employs over 16,500 people across 139 internal studios in 40 countries, with women accounting for 26% of the total workforce.
Half of the company's studios have implemented formal routines to address diversity and inclusion within their game content.
The organization has launched a Corporate Sustainability Reporting Directive (CSRD) readiness project and joined the UN Global Compact Gender Equality Accelerator to formalize its ESG strategy.
Governance is managed through 16 group-wide policies and a sustainability structure that integrates representatives from major operative groups, including THQ Nordic, Plaion, and Asmodee.
The ESG Fact Sheet for the first quarter of the 2023/24 fiscal year outlines Embracer Group’s strategic progress and performance metrics across its global operations. The document serves to communicate the company’s "Smarter Business" sustainability framework, which is organized into three primary pillars: Great People, Solid Work, and Our Planet. The scope of the report covers the group’s 139 internal studios and over 16,500 employees across 40 countries, reflecting data from the 2022/23 fiscal year as a baseline for future goals.
Key findings highlight a commitment to diversity and environmental responsibility. The group has set a target to double the number of female Managing Directors and Studio Heads by 2025, noting that female representation currently stands at 26% of the total workforce and 23% of management. Environmentally, the company aims to reduce carbon emissions by 45% by 2030 in alignment with the Paris Agreement. Data shows total emissions for the 2022/23 period reached 687,102 tCO2e, with Scope 3 emissions accounting for the vast majority of the footprint.
Operational updates for the quarter include the launch of an internal Corporate Sustainability Reporting Directive (CSRD) readiness project and enrollment in the UN Global Compact Gender Equality Accelerator. The group also emphasizes social responsibility through accessibility initiatives and community management, noting that 50% of its studios now have routines for addressing diversity and inclusion within game content. Governance is maintained through 16 group-wide policies and a structured sustainability organization that integrates representatives from each operative group, such as THQ Nordic, Plaion, and Asmodee, into the broader corporate strategy.
