ENVIRONMENT
Climate action is a priority for us and
our stakeholders. Targets like SBTi
and our TripelC method help reduce
our impact.
GOVERNANCE
We embed ethics across our value chain,
upholding legal compliance, encouraging
transparency, and fostering a strong
culture of integrity.
SOCIAL
Nitton93 Group fosters social
sustainability by valuing safe, trusted,
and empowered employees – our key to
innovation and quality.
Sustainability
Report 2024
NITTON93 GROUP
SUSTA I N A B I LITY R EPO RT 2 0 2 4 | N I T T O N9 3 GR OU P
CONTENT
05
Framework for sustainability reporting
06
Words from the CEO
08
About Nitton93 group
10
Sustainability in Nitton93 Group
12
Timeline for sustainability in Nitton93
13
Nitton93 and the value chain
17
Turning care into action - UNs Sustainability
S U S TA I NA BI L I T Y R E P ORT 2 0 2 4 | NI T T ON9 3 GRO UP
Environment
Climate change mitigation.............................................................................. 19
Carbon footprint breakdown – environmental impact.................................... 20
TripleC Methodology..................................................................................... 21
Electrification of company vehicles................................................................. 22
Energy-efficient lighting upgrade in our Kumla warehouse............................ 22
Company bikes – Supporting health and the environment............................. 23
OSS – Smarter deliveries, lower impact.......................................................... 23
Reitan Convenience – Designing sustainability together................................ 24
Resource use and circular economy ................................................................ 26
Elkjøp – Reuse before rebuild......................................................................... 28
Scandic – Circular design at work................................................................... 29
Social
Our people and workplace culture.................................................................. 32
Health, environment and safety...................................................................... 34
Small things that make a difference................................................................ 36
Governance
Comitted to transparancy and integrity.......................................................... 40
Sareq – Sustainability in investment strategy...................................................42
ESRS Index.................................................................................................... 43
SUSTA I N A B I LITY R EPO RT 2 0 2 4 | N I T T O N9 3 GR OU P
One of our projects, the new food court in Skärholmen Centrum
– a green, inviting meeting spot.
S U S TA I NA BI L I T Y R E P ORT 2 0 2 4 | NI T T ON9 3 GRO UP
This Sustainability report has been prepared with relevant regulations and
standards for the financial year 2024 and fulfills the requirements of the EU’s
Corporate Sustainability Reporting Directive (CSRD), which came into force
in 2024. The sustainability report has been developed in accordance with the
European Sustainability Reporting Standards (ESRS). The structure of the report
reflects ESRS guidelines, and the subsequent chapters are designed to address the
required disclosures outlined in the standard.
On a consolidated basis as the financial statement, covering all activities under-
taken from January 1st, 2024, to December 31st 2024.
The report covers all activities in Nitton93 Group and the whole upstream and
downstream value chain has been considered when assessing material topics.
Nitton93 is committed to continuously improving the quality of its data to ensure
greater accuracy and representativeness in its greenhouse gas accounting. For the
reporting year 2024, Scope 3 emissions have not been included, as this work is
still in progress. The data will be incorporated and presented in next year’s report.
Framework
for sustainability
reporting
SUSTA I N A B I LITY R EPO RT 2 0 2 4 | N I T T O N9 3 GR OU P
Leading with
responsibility
As I reflect on another year of growth and evolu
tion at Nitton93 Group, I am proud to present our
commitment to sustainable practices in the design,
production and installation of all products and services
delivered by the Group.
At Nitton93 and OSS, we recognize that our work
extends far beyond creating exceptional retail en
vironments. We also have a responsibility to mini
mize our environmental impact while maximizing
the positive influence we have on the communities
we serve. The retail spaces we design and install
become gathering places where people shop, work,
and connect, making our role in creating sustainable
spaces even more significant.
Our Sustainability Journey
This year has marked important milestones in our
sustainability journey. We have made conscious deci
sions to prioritize materials with lower environmental
impact, reduce waste in our installation processes,
and work with suppliers who share our commitment
to responsible business practices. With our focus
on the right quality and durability in line with our
customer needs, we aim to create elements and areas
to last longer, reducing the need for frequent renova
tions and material replacement.
We have created a guideline, and our structured
way of working called “The TripleC process” where
Concept – Cost – Carbon makes headlines and focus
areas of all creative and operational processes.
Our Sustainability certificate in the SBTi environ
ment, have “forced us” to create a solid platform with
clear guiding in how we focus, act and operate.
Looking forward
The retail industry is rapidly evolving, and we see
sustainability not as a constraint, but as an opportu
nity for innovation. We are investing in new tech
nologies and techniques that allow us to create more
efficient installations while reducing material waste.
Our team continues to develop expertise in sustainable
materials and energy-efficient solutions that help our
clients achieve their own environmental goals.
We are also committed to being responsible employers
and community partner. This means providing safe
working conditions, supporting the professional
development of our team, and contributing positively
to the local communities where we operate.
Troy Abrahamsen,
CEO, Nitton93 Group
WORDS FROM CEO
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SUSTA I N A B I LITY R EPO RT 2 0 2 4 | N I T T O N9 3 GR OU P
Nitton93 is one of the leading store interior compa
nies in the Nordics. We develop, source and deliver
store interior and store communication material
to leading retailers and brands. In 2024 Nitton93
Group had an annual turnover of SEK 625 million
and 170 employees in Sweden, Norway and Poland.
The Group operates under the brands Nitton93 and
OSS.
Regardless of industry, brand, or price point, we
believe that retail is all about experiences. We aim
to understand consumers’ needs and patterns to
create spaces where people enjoy themselves, are
comfortable and want to return. Today, the distinc
tion between online and offline is seamless. So, it is
more important than ever that the two complement
each other. In the physical interior we add elements
that add value, service, and customer experience that
strengthen our customers’ brands.
In the end our mission is simple: “To help retailers
improve shop profitability”.
Nitton93 was founded in 1992 in Örebro, Sweden,
and is owned 70 % by Sareq Invest AB and 30 % by
key individuals within the organization. Sareq Invest
AB is a Swedish investment company headquartered
in Stockholm.
At Nitton93, we take pride in running a profitable
business. Profitability enables us to create value for
all stakeholders. It allows us to employ and fairly
compensate local talent, purchase goods and services
and pay our suppliers on time, meet our financial
obligations, and contribute to society through taxes.
It also makes it possible for us to invest in reducing
our carbon footprint, deliver on our promises, promo
te employee well-being, place clear expectations on
our partners, and provide a return to our shareholders.
Pål Erik Jahren,
CFO, Nitton93 Group
”At Nitton93, we see ESG as a commitment
to creating value for all our stakeholders.”
ABOUT NITTON93 GROUP
Value driven
sustainability
S U S TA I NA BI L I T Y R E P ORT 2 0 2 4 | NI T T ON9 3 GRO UP
Sales (MSEK)
Reported
Comparable*
Sales 2023
415
585
Sales 2024
625
625
Growth
+50%
+7%
* Incl. full year effect of OSS Nordic and Nitton93 Norge in 2023
Facts
and
figures
NITTON93 AT A GLANCE
Purchasing split 2024 in %
Other 4 %
Asia 10 %
Nordics 52 %
Poland 34 %
Stockholm Office
Örebro Headquarter / Warehouse
Jönköping Warehouse
Göteborg Office
Floda Warehouse
Tønsberg Office
Ski Office / Warehouse
Warszawa Office / Warehouse
Locations on a map
Sweden 49,6 %
Norway 36,1 %
Sales split 2024 % of total
Denmark 4,9 %
Finland 4,2 %
Other EU 5,0 %
Outside EU 0,2 %
Employees
Women
Men
Total
Sweden
50
89
139
Norway
13
13
26
Poland
Total
64
106
170
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Our commitment
to transparency
Actions and resources related
obiodiversity and ecosystems
We take our responsibility for the environment
seriously and work to minimize the negative impact
of our operations on the planet.
Nitton93 Group takes a strategic and responsible
approach to sourcing raw materials, aiming to
balance resource availability and cost efficiency with
environmental and social considerations on both
risks and opportunities. To identify where our im
pact is in the ESG area, we have conducted a double
materiality analysis according to ESRS1. The results
from this analysis are a big part of this sustainability
report. The extraction and use of raw materials can
significantly affect natural ecosystems, influencing
water resources, forests, and soil quality. Potential
environmental consequences include deforestation,
At Nitton93 and OSS, we are committed to creating sustainable and responsible interior
solutions. Our ambition is to contribute to a more sustainable future by designing and
delivering products that are not only functional and aesthetically appealing but also
environmentally friendly and socially responsible. We strive to be a leading player in
sustainable interiors by continuously reducing our environmental impact and ensuring
ethical working conditions throughout our supply chain. You can read more about our
sustainability policy on our homepage under the sustainability chapter.
SUSTAINIBILITY IN NITTON93 GROUP
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loss of habitats, air and water pollution, greenhouse
gas emissions, and soil degradation. These effects can
pose serious challenges for ecosystems, wildlife, and
the well-being of local communities that depend on
these natural resources.
In our Self-Assessment form, we kindly ask all our
suppliers to document that they don’t use any raw
materials from vulnerable areas in production. If
anyone is working with material from these areas,
Nitton93 can discontinue the agreement.
We aim to support our customers and suppliers in
making better environmental choices through our
self-developed TripleC methodology that will help
important facts about Concept, Cost and Carbon.
We strive to create an inclusive, fair, and respect
ful work environment where everyone is treated
with dignity and respect, regardless of gender, age,
ethnicity, religion, sexual orientation, disability, or
other personal characteristics. We believe that the
differences between us make us better and help us
become a better partner for customers and suppliers.
We operate with the highest level of ethics and inte
grity in our work and business relationships. Themes
like Business Ethics, Transparency, Accountability
and Integrity are highly valued in our organization.
Statement on sustainability due diligence
A part of Nitton93 Group is located and work under
Norwegian law, we have decided that the hole Nitton93
Group should engage under the same responsibility
regarding sustainability. That’s why Nitton93 as a
group has signed the Norwegian Transparency Act
as a statement on sustainability due diligence.
The report of Transparency Act 2024 is available at:
nitton93.com/en/sustainability/
Linda Andersson,
Sustainability / Project Manager, Nitton93 Group
Our sustainability manager Linda Andersson
ensures that our goals are achieved.
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Like the spruce seedling, we grow step by step
– towards a more sustainable future.
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2022
Collaboration with CEMA
sys to track all our emissions
2022
Base year for
Scope 1 and 2
2023
Self Assessment and
risk analysis for all
our supplies.
2024
Proud member of UN
Global Compact
2025
Full commitment off all
employees on our Internal
Code of Conduct
2025
Our first Sustainability
Report got launched
2022
First emission
report to customers
2021
OSS Nordic, membership
and commitment to SBTi
2023
Membership and
commitment to SBTi
2024
TripleC methodology
– to help customers make
sustainable choices
2024
Our first recycling
store project
2025
Communication package
about our sustainability
work in Nitton93
Timeline for
sustainability
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We believe that true sustainability means taking
responsibility – not only for what we deliver, but also
for how it’s made, who is involved, and the impact
we leave behind.
Our value chain is built on transparency, collabora
tion and continuous improvement and also, to take
action on material impacts on value chain workers.
We work closely with partners, suppliers, and custo
mers to reduce environmental impact, promote fair
working conditions, and foster innovation that drives
positive change.
Sourcing, a way to work together with our customer.
We carefully select materials and partners that meet
our high standards for environmental and social re
sponsibility. Wherever possible, we choose renewable,
recycled, or certified materials.
Production, in cooperation with our suppliers, we
continuously strive for sustainability improvement
in our supply chain. In doing so Nitton93 holds
ourselves and our supplier accountable. We expect
our suppliers to be transparent and to work with
us to achieve continuous sustainable supply chain
improvements. When choosing new suppliers,
sustainability is a key factor for Nitton93 and when
evaluating potential suppliers’ sustainability is a
major part of the evaluation. Each year, we carry out
a self-assessment of all our subcontractors to perform
a risk analysis and evaluate the sustainability of our
suppliers.
Logistics, we optimize our transport and delivery
methods to reduce carbon footprints, choosing
greener alternatives when available and planning for
efficiency.
End-of-life, sustainability doesn’t stop at delivery.
We also consider product life cycles, circular solu
tions, and how we can support reuse, recycling, or
safe disposal.
Nitton93
and the
value chain
At Nitton93, sustainability is not just a goal – it’s started to become a mindset that guides
everything we do. From the first idea to the final product or service, we work to ensure that
every step in our value chain is aligned with responsible and future-focused practices.
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Nitton93 encourages all our suppliers to invest in
and prioritize good solutions for our environment.
One of our suppliers has invested in solar energy
and contributes more and more of our value chain to
have a positive impact on our CO2 emissions.
As part of its environmental program, SIP has
installed a photovoltaic system with a capacity of
200 kW, generating approximately 190 MWh of
clean, renewable energy annually. This initiative
contributes significantly to reducing greenhouse gas
emissions.
Given Poland’s average CO₂ emission factor of 0.75
tons per MWh – due to a coal-heavy energy mix
– the solar installation helps avoid approximately
142.5 tons of CO₂ emissions each year.
In addition to the environmental benefits, the
system provides a noticeable reduction in electri
city costs, particularly during the summer months
when solar production is at its peak. This not only
supports SIP’s climate goals but also enhances long-
term operational efficiency.
Case: Solar Energy Initiative at SIP
As part of our efforts to reduce our climate footprint,
we at Nitton93 have focused this year on optimizing
our transportation. Together with our partner, Steve
Special transporter, we have taken concrete steps to
increase the load capacity of our trucks – an initiative
that both reduces emissions and improves logistics
efficiency.
Through close dialogue and joint planning, we have
been able to better coordinate our deliveries, leading
to fewer transports with higher utilization rates.
Among other things, we have introduced routines
for consolidating goods from different projects and
developed a more flexible scheduling system with
our suppliers, which helps avoid empty runs.
Including the work that is still ongoing in Q3 and
Q4, we estimate that empty runs will be reduced by
40 %. This is a concrete example of how small changes
in working methods can have a significant impact
– both for the climate and on our operations.
Our collaboration with Steve Special transporter
shows that when we work closely with our partners
and share the same vision, we can truly make a diffe
rence for a more sustainable future.
Sanna Zetterlund, Purchaser,
Nitton93 Inredningar
Case: Truckload Capacity
Solar energy
replaces coal
– for a cleaner
future.
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Sustainable materials
– part of our action for
the Global Goals.
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Turning care
into action
UN:S SUSTAINABILITY DEVELOPMENT GOALS
In 2024, we took a further step in our sustainability journey by joining the UN Global Compact.
As a responsible business, we are committed to supporting the United Nations Global Compact
and aligning our operations with its Ten Principles. We focus on advancing Sustainable Development
Goals (SDGs) 8, 10, 12, and 13 – key areas where we believe we can make a meaningful impact.
Goal 8: Decent Work and Economic Growth
We promote sustained, inclusive, and sustai
nable economic growth, full and productive employ
ment, and decent work for all. We are committed
to fair labor practices, equal opportunities, and safe
working conditions across our operations and supply
chains. Through investments in skills development,
responsible recruitment, and leadership training, we
contribute to long-term job creation and employee
empowerment. All our employees and suppliers need
to sign the company’s Code of Conduct.
Goal 10: Reduced Inequalities
We work to reduce inequalities within our
company and in the communities where we operate.
Our diversity and inclusion initiatives aim to ensure
equal treatment regardless of gender, ethnicity,
background, or other status. We actively promote
inclusive practices throughout our organization and
value chains, ensuring that underrepresented groups
have a voice and fair opportunities.
Goal 12: Responsible Consumption and Production
We are committed to responsible production
and consumption patterns by optimizing resource use,
reducing waste, and integrating circular economy
principles. We continuously assess our environ
mental impact, seek sustainable alternatives in our
materials and processes, and engage our stakeholders
in building more sustainable value chains.
Goal 13: Climate Action
We recognize the urgency of addressing cli
mate change and take proactive steps to reduce our
greenhouse gas emissions. Through science-based
targets, energy efficiency measures, and increased
use of renewable energy, we are working to minimize
our climate footprint. We also assess climate-related
risks and opportunities to future-proof our business
and support the global transition to a low-carbon
economy. More about Nitton93 journey towards a
better environment you will find in the section about
Environment in this report.
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Environment
The environmental pillar of the ESG framework focuses on how
Nitton93 Group manages our impact on the natural world. It reflects
our responsibility to operate sustainably by reducing environmental
harm and actively contributing to climate and ecosystem resilience.
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Actions and Targets
Nitton93 Group successfully had its Science Based
Target (SBT) validated and approved follow-
ing a thorough and complex application process.
By establishing Science Based Targets and developing
a roadmap for greenhouse gas (GHG) reduction, we
are taking concrete action to address our climate im
pact and have a clear strategy for reaching our goals.
Our direct GHG emissions – classified under Scope
1 and 2 – primarily stem from company-leased
vehicles, as well as electricity and heating used in
our offices, and warehouses. While these emissions
represent a relatively small portion of our total cli
mate footprint, we are committed to reducing them.
Improving energy efficiency not only contributes to
lower emissions but also strengthens our financial
performance by reducing electricity demand from
the power grid.
Although there are no exclusions in our SBTi app
lication, certain exclusions apply in our emissions
reporting. Our Scope 3 reporting currently is not
included in our 2024 report.
Targets related to climate change
mitigation and adaptation
At Nitton93, we firmly believe that true sustainability
is about walking the talk. Driving real changes requires
clear goals and concrete commitment. That’s why, as
a group, we’ve pledged to reduce our emissions by at
least 42% by 2030 through the Science Based Targets
initiative (SBTi).
ENVIRONMENT
Climate change
mitigation
SCIENCE BASED CLIMATE GOALS
Climate action remains a critical priority for us and our stakeholders.
Throughout the past year, we have maintained a strong focus on this area and
made solid advancements in several key areas of our environmental efforts.
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Carbon footprint
breakdown
– environmental
impact
A carbon footprint represents the total greenhouse gas (GHG) emissions caused both directly and
indirectly by us as an organization. These emissions stem from activities included in Scope 1 and 2,
such as energy use, and fossil fuel. To make comparisons easier, all emissions are expressed in tons
of carbon dioxide equivalents (tCO2e) in this breakdown.
Growing as a company while simultaneously reducing CO2 emissions is a complex balancing act. Growth often
requires increased resources, transportation, and energy consumption. Success demands active, long-term efforts
focused on sustainable solutions, innovation, and the courage to transform established business models.
ENVIRONMENT
10000
Liters
KWh
Tons
8000
6000
4000
2000
25
50
75
100
125
150
0,5
1,0
1,5
2,0
2,5
2022
Scope 1
Emissions from
company own sources
Scope 2
Indirect emissions from
purchased energy
7 027
6 186
10 051
2 490 821
155,2
100,1
91,8
2 286 480
2 120 209
Total tCO2e
2022
2022
2023
2023
2023
2024
2024
2024