Our Commitment to Sustainability.
Prenax Goals
Prenax’s goals are aligned with the UN’s seventeen global sustainability goals, and we are committed to the United Nations Global Compact and Forward Faster initiative. We believe that ESG begins at the very core of a company. Our work on sustainability comprises of a comprehensive set of key commitments across all the Environmental, Social and Governance (ESG) dimensions that guide the execution of our strategy. It includes ambitious targets and detailed plans of action. Over time, we have seen the industry slowly move away from print, towards digital content, in an era of new innovation. We have a long history of advocating online resources to our customers, in place of printed products.
Our commitment to ESG has been influenced by the fact that Prenax was founded in the Nordics, in Sweden 1993. The Nordic region has historically been a driver of social, governmental and environmental topics. We have set our global standards high in all areas of our operations and have actively defined environmental impacts and sought eco-friendly alternatives.
ESG Strategy
As a major player in our market, we have a key role and the responsibility to develop the best decarbonization model globally and ensure a transition to a sustainable business model. Our value chain consists of direct and in-direct suppliers, customers and stakeholders. Our impact on environment, people and society has been analysed on group level via materiality assessment. We conduct operations in line with ISO standards for environment (14001), quality (9001), and the company uses standard ISO 27001:2022 to design and operate the services provided to customers. Integrating ESG into our business strategy serves as an active way of committing to sustainability.
Since 2021 we have aligned our business strategy with our ESG strategy. This means considering sustainability factors in decision-making processes. In 2022 we decided to align our ESG goals with the United Nations Sustainable Development Goals (SDGs). By integrating ESG and SDGs, we as a company can contribute to a more sustainable and inclusive world. Our key sustainability areas have been selected based on UN’s SDG goals, risk analysis and stakeholder dialogue.
UN Global Compact
Decarbonization
Prenax’s decarbonization commitment trajectory outlines specific targets, milestones, and actions needed to achieve significant reductions in greenhouse gas emissions, ultimately aiming for net-zero emissions. You can read more about this under the section Greenly. We have been measuring carbon emissions for Scope 1 and Scope 2 since 2021. During 2024 we shifted to a new carbon accounting system, which enables us to track carbon emission on group level from all aspects.
Greenly
Service Innovation
Service innovation has always been our strength. Our newest product launch PxFlow is a perfect example of our alignment with sustainability in business design. PxFlow addresses three separate and very important pillars: Compliance, Consolidation and Cooperation. We are dedicated to making life simpler and more secure for both Buyers and Suppliers. PxFlow gives you the ability to ensure all your tail end suppliers are compliant and adhere to your standards.