Environment
Climate and Energy
Climate action and energy efficiency are central to Quintus Technologies’ sustainability agenda. As outlined in our Sustainability Policy, we are committed to reducing our emissions and continuously improving energy efficiency across all operations.
Climate Risks
At Quintus Technologies, we recognize that climate change presents both transition-related and physical risks that may affect our operations and value chain. As part of the 2024 double materiality assessment (DMA), we evaluated our exposure to climate risks across our own operations as well as upstream and downstream activities. The assessment considered acute and chronic climate-related hazards, including extreme weather events such as floods, storms, and droughts, as well as longer-term changes in temperature and precipitation patterns. Climate transition risks were assessed in relation to evolving regulatory requirements, carbon pricing mechanisms, and changing market expectations for lower-emission products and technologies.
The climate risk assessment was conducted using a qualitative approach, taking into account the potential financial impact and likelihood of identified risks across short- (1–3 years), medium- (3–10 years), and long-term (beyond 10 years) time horizons. The analysis was informed by internal expertise, the structure of Quintus Technologies’ value chain, supplier and customer characteristics, regulatory developments such as the EU Climate Law and the Carbon Border Adjustment Mechanism (CBAM), and publicly available climate scenarios, including Representative Concentration Pathways (RCP) 4.5 and RCP 8.5.
The largest source of Quintus Technologies’ greenhouse gas (GHG) emissions arises from downstream activities, specifically the use of sold products. As a result, climate transition risks related to GHG emissions, regulatory pressure, and reputational considerations are most pronounced in the downstream value chain. Upstream, the sourcing of steel represents a key focus area due to the sector’s high energy intensity, reliance on fossil fuels, and increasing exposure to carbon pricing and environmental regulation. These factors influence both the company’s cost base and expectations related to responsible sourcing and supply chain transparency.
Physical climate risks affecting the upstream value chain include the potential for supply disruptions, increased material costs, and delays resulting from extreme weather events or congestion in transport routes. While Quintus Technologies relies primarily on Tier 1 suppliers located in Europe, these suppliers are connected to global supply chains that may be exposed to climate-related hazards. Scenario analysis indicates that under moderate climate pathways (RCP 4.5), such disruptions are expected to be manageable, whereas more severe scenarios (RCP 8.5) could lead to increased frequency and intensity of disruptions over the long term.
Based on the assessment, climate transition risks related to greenhouse gas emissions and increasing carbon-related costs are considered high in severity, reflecting their global impact, regulatory momentum, and relevance across the value chain, particularly in downstream product use and upstream steel sourcing. Physical climate risks in the upstream value chain, including supply chain disruptions and transport congestion, are currently assessed as low to medium in severity, as their observed financial impact to date has been limited. Risks related to climate adaptation and changes in customer behavior driven by climate considerations are assessed as low in severity at present.
At this time, climate adaptation measures are not considered material for Quintus Technologies’ operations. This conclusion is based on the current structure of the supply chain, the predominance of European Tier 1 suppliers operating within relatively resilient infrastructure and regulatory environments, and the absence of significant climate-related disruptions affecting core operations. Nonetheless, Quintus Technologies remains committed to ongoing monitoring and reassessment of climate risks as scientific knowledge, regulatory requirements, and market conditions continue to evolve.
Greenhouse Gas Emissions
Quintus Technologies has calculated its greenhouse gas (GHG) emissions in accordance with the GHG Protocol. The greenhouse gas emissions have been calculated by multiplying activity data by relevant emission factors. Emission factors have been sourced from providers such as DEFRA, AIB, IEA, Jernkontorets energihandbok, Mälarenergi, Ecoinvent, Exiobase, Energiföretagen and NTM, depending on the emission category and geographical relevance. The year 2024 was selected as the base year, as it is considered representative of the company’s business activities and sales. The GHG inventory includes Scope 1, Scope 2, and all Scope 3 categories applicable to Quintus Technologies’ value chain. While not all Scope 3 categories are considered significant, all applicable categories are reported to illustrate the relative distribution of emissions across the value chain. The majority of Quintus Technologies’ emissions arise from Scope 3 activities, with the largest contribution stemming from Scope 3.11 (use of sold products), followed by Scope 3.1 (purchased goods and services).
Table 5 Greenhouse gas emissions
Scopes and categories | Base year 2024 (tCo2e) | 2025 (tCo2e) | Increase/Decrease |
|---|---|---|---|
Scope 1 | 70 | 85 | +21% |
Scope 2 market-based | 248 | 218 | -12% |
Scope 2 location-based | 203 | 178 | -12% |
Scope 3 categories | |||
3.1: Purchased goods and services | 10,492 | 5,513 | -48% |
3.2: Capital goods | 63 | 117 | +85% |
3.3: Fuel- and energy-related activities upstream (those not included in Scope 1 or Scope 2) | 46 | 48 | +3% |
3.4: Upstream transportation and distribution | 636 | 534 | -16% |
3.5: Waste generated in operations | 2 | 1 | -52% |
3.6: Business travel | 1,223 | 1,257 | +3% |
3.7: Employee commuting | 237 | 251 | +6% |
3.11: Use of sold products | 154,494 | 173,066 | +12% |
3.12: End-of-life treatment of sold products | 17 | 13 | -25% |
Total Scope 3 emissions | 167,211 | 180,800 | +8% |
Total emissions market-based | 167,529 | 181,104 | +8% |
Total emissions location-based | 167,484 | 181,063 | +8% |
In 2025, GHG emissions showed notable changes compared with 2024 across several categories. Scope 1 emissions increased due to higher natural gas consumption for heat generation at the Columbus facility. Within Scope 3, Category 3.1 (purchased goods and services) decreased significantly, primarily driven by substantially lower steel purchases in 2025 compared with 2024. In contrast, Category 3.2 (capital goods) increased significantly due to higher capital expenditures, mainly related to the purchase of a new winding machine largely composed of steel. Categories 3.4 (upstream transportation and distribution) decreased, reflecting reduced upstream transport activities. Category 3.5 (waste generated in operations) also decreased, as no hazardous waste from the Columbus facility was treated in 2025. Finally, Category 3.11 (use of sold products) increased, as more sold products were put into use during 2025 compared with 2024.
Table 6 GHG intensity
GHG intensity | 2024 | 2025 | % change from last year |
|---|---|---|---|
Total GHG emissions (market-based) per turnover (tCO2e/MEUR) | 1,311 | 1,294 | -1.3 |
Total GHG emissions (location-based) per turnover (tCO2e/MEUR) | 1,311 | 1,294 | -1.3 |
GHG methodology, data quality and key assumptions
The GHG inventory has been prepared in accordance with the GHG Protocol and is based on the operational control approach. It includes Scope 1, Scope 2 and all relevant Scope 3 categories.
The calculations are based on a combination of primary data, supplier-specific data, pre-calculated emissions, activity data and spend-based methods, depending on data availability. Scope 1 and Scope 2 emissions are primarily based on actual consumption data, while Scope 3 includes a higher degree of estimates and proxy data.
The largest share of emissions arises from Scope 3, in particular Scope 3.11 (use of sold products) and Scope 3.1 (purchased goods and services). These categories are calculated based on data and assumptions as described below:
Scope 3.11 – Use of sold products
Emissions from the use of sold products, delivered and installed during 2025, are calculated based on product-specific data and a set of standardised assumptions. These include:
- An assumed product lifetime
- Estimated number of operating cycles per year
- Electricity consumption per cycle
- Regional electricity mix based on the location of use
These assumptions are necessary to estimate lifetime emissions and are considered reasonable given the long lifetime and global use of the products. However, they introduce uncertainty, particularly related to actual usage patterns, variation in customer operations and future changes in electricity systems.
Scope 3.1 – Purchased goods and services
Emissions from purchased goods and services are calculated using a combination of weight-based data, procurement data and spend-based methods.
For direct materials, average emission factors are applied based on estimated material composition of product categories. This includes assumptions regarding the dominant material in each category and the use of global average emission factors.
For indirect spend, spend-based emission factors are applied using financial data mapped to standard emission factor databases.
For the Columbus site, emissions are partly estimated based on an extrapolation from Västerås, using relative revenue as a proxy. These emission represent 3,6% of the total 3.1 emissions. This represents a simplification and contributes to uncertainty in the results.
The main sources of uncertainty in Scope 3.1 are:
- Use of average emission factors instead of product-specific data
- Assumptions regarding material composition
- Use of spend-based methods for indirect categories
- Limited availability of site-specific data for certain locations
Other Scope 3 categories
Other Scope 3 categories, excluding 3.1 & 3.11, contribute to 1,3% of total Scope 3 emissions and are therefore not described in detail.
Both upstream and downstream transportations are included in 3.4, as they are sourced by Quintus.
Continuous improvement of data quality
Quintus Technologies considers the current methodology appropriate for providing a consistent and reliable GHG inventory. The company will continue to improve data quality over time, with a focus on the most significant emission categories. This includes improving assumptions for use-phase emissions in Scope 3.11, increasing the use of more specific data in Scope 3.1, and reducing reliance on extrapolation where relevant.
Energy Consumption
The energy consumption at Quintus Technologies’ production sites and offices in Sweden, USA and China are presented in the tables below. In Sweden, we use 100% renewable electricity from hydropower.
Table 7 Total energy consumption Sweden (production site and office)
Energy type | FY 2024 | FY 2025 | ||||
|---|---|---|---|---|---|---|
Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | |
Electricity | 1,683 | – | 1,683 | 1,411 | – | 1,411 |
Fuels | – | 1,599 | 1,599 | – | 1,449 | 1,449 |
Total (MWh) | 3,282 | 2,860 | ||||
Table 8 Total energy consumption USA (production site and office)
Energy type | FY 2024 | FY 2025 | ||||
|---|---|---|---|---|---|---|
Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | |
Electricity | – | 337.2 | 337.2 | – | 298.6 | 298.6 |
Fuels | – | 331.8 | 331.8 | – | 401.2 | 401.2 |
Total (MWh) | 669.0 | 699.8 | ||||
Table 9 Total energy consumption China (office)
Energy type | FY 2024 | FY 2025 | ||||
|---|---|---|---|---|---|---|
Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | |
Electricity | 0.2 | 4.9 | 5.1 | 0.2 | 4.2 | 4.4 |
Fuels | – | – | – | – | – | – |
Total (MWh) | 5.1 | 4.4 | ||||
Table 10 Total energy consumption (Sweden, USA and China)
Energy type | FY 2024 | FY 2025 | ||||
|---|---|---|---|---|---|---|
Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | Renewable (MWh) | Non-renewable (MWh) | Total (MWh) | |
Electricity | 1,683.2 | 342.1 | 2,025.3 | 1,411.2 | 302.8 | 1714.0 |
Fuels | – | 1,930.8 | 1,930.8 | – | 1,850.2 | 1,850.2 |
Total (MWh) | 3,956.1 | 3,564.2 | ||||
Resource Use, Circular Economy and Waste Management
At Quintus Technologies, we view smart resource use and circular solutions as key drivers of sustainable growth. As outlined in our Sustainability Policy, we are committed to designing products that maximize lifecycle value, reduce material use, and support circularity through innovative engineering, standardized designs, and robust aftermarket services.
Resource Use
Quintus Technologies’ production facilities in Sweden and the USA are focused primarily on assembly operations. In 2024, we conducted an initial assessment of the material composition of a typical press, which indicated that approximately 90% consists of steel. Additional materials used in our machine components include molybdenum, graphite, rare earth elements, and copper and copper alloys such as brass and bronze. Maintaining our production machinery requires the use of water, gas oil, and lubricants.
While Quintus Technologies itself mainly performs assembly, our supply chain relies significantly on the use of virgin materials, such as graphite and molybdenum, and to some extent steel derived from iron ore.
The annual mass-flow of materials used at our production sites in Västerås and Columbus is presented in the table below.*
*Note that each of our purchased materials and components have been categorized under its majority material. Small fractions of other materials (electronics, copper, and aluminium) are present in the total annual mass flow but not categorized separately as they represent only minor share of the total weights and their exact fractions are not available.
Table 11 Annual mass flow
Material | FY 2024 | FY 2025 | ||
|---|---|---|---|---|
Weight (tonnes) | Percentage | Weight (tonnes) | Percentage | |
Aluminium oxide ceramic | 0.4 | 0.02% | 0.5 | 0.03% |
Chemicals | 6.1 | 0.28% | 3.7 | 0.23% |
Steel | 2,105.8 | 97.49% | 1,569.5 | 96.69% |
Graphite | 1.6 | 0.08% | 2.0 | 0.12% |
Molybdenum | 4.4 | 0.20% | 4.6 | 0.29% |
Synthetic rubber (EPDM and
Nitrile) | 41.7 | 1.93% | 42.9 | 2.64% |
Annual mass flow | 2,160 tonnes | 100% | 1,623 tonnes | 100% |
Circular Economy Principles
In line with Quintus Technologies’ Company Policy, we strive to conduct our business operations with a life cycle perspective, aiming to minimise our environmental impact. Our high-pressure systems are designed to last for many decades. However, subsystems such as pumps, motors, and electric components have shorter life cycles. To address this, we launched the Quintus Care Program through which our service engineers conduct inspections and condition assessments of installed systems. This proactive approach to preventive maintenance allows for early detection of wear and tear, reducing the risk of unexpected downtime. Furthermore, the Quintus Care Program includes training sessions to ensure that customer teams are fully equipped to operate and maintain their systems efficiently.
We use smart glasses, i.e., mixed reality headsets, to provide remote support, enabling on-site personnel to connect directly with our experts for immediate guidance on repairs, adjustments, troubleshooting, or complex tasks. This approach lowers costs while reducing the need for travel.
We offer a comprehensive supply of spare and wear parts for all our machines, regardless of their installation date. Thanks to our regional logistics centers, we ensure fast and reliable delivery of replacement components worldwide. Every replacement part is engineered to integrate seamlessly with the original system, enabling continued operation at peak performance.
In addition to component replacements, we also offer system upgrades – enhancing older equipment with new functionalities and improved productivity. By upgrading elements such as electronics and hydraulics, our customers benefit from better performance, reduced energy consumption, and extended equipment life cycles.
Waste
Quintus Technologies is committed to reducing waste across our operations and promoting responsible waste management practices. As part of these efforts, we sell the wooden pallets used at our production site in Sweden to a company that collects and reuses them, repairing them when needed. This extends the pallets’ lifespan and reduces the number of pallets that go to waste. In addition, we have a professional partner for waste management that handles our waste in line with applicable legislation, ensuring safe and compliant disposal and recycling processes.
At our office in China, no hazardous waste is generated. The office space is shared with six other companies. The property manager estimates that Quintus Technologies personnel produce approximately 387 kg of non-hazardous household waste annually. This waste is directed to disposal. Paper and carton waste generated at the office in China is recycled.
The tables below show the annual waste generation and the waste management methods used for each waste category at the production sites and offices in Sweden and the USA. The waste types have been classified in accordance with the European Waste Catalogue (EWC).
Table 12 Annual generation of waste and waste management Sweden FY 2024
Waste type | Total waste generated (kg) | Waste diverted to recycling (kg) | Waste directed to disposal (kg) | |
|---|---|---|---|---|
Non-hazardous waste | ||||
EWC Code | EWC Description | |||
15 01 01 | Paper and cardboard packaging | 490 | 490 | |
17 01 01 | Concrete | 6,020 | 6,020 | |
17 02 01 | Wood | 134,810 | 134,810 | |
17 04 07 | Mixed metals | 23,560 | 23,560 | |
17 04 11 | Cables other than those mentioned in 17 04 10 | 720 | 720 | |
20 01 01 | Paper and cardboard | 1,680 | 1,680 | |
20 03 01 | Mixed municipal waste | 39,240 | 39,240 | 520 |
20 03 07 | Bulky waste | 1,400 | 1,400 | |
Total non-hazardous waste (kg) | 207,920 | 207,400 | 520 | |
Hazardous waste | ||||
12 01 09* | Machining emulsions and solutions free of halogens | 1,029 | 1,029 | |
13 02 05* | Mineral-based non-chlorinated engine, gear and lubricating oils | 657 | 657 | |
14 06 03* | Other solvents and solvent mixtures | 306 | 306 | |
15 01 10* | Packaging containing residues of or contaminated by hazardous substances | 190 | 190 | |
15 02 02* | Absorbents, filter materials (including oil filters not otherwise specified), wiping cloths, protective clothing contaminated by hazardous substances | 334 | 334 | |
16 01 07* | Oil filters | 39 | 39 | |
16 02 13* | Discarded equipment containing hazardous components other than those mentioned in 16 02 09 to 16 02 12 | 196 | 196 | |
16 05 04* | Gases in pressure containers (including halons) containing hazardous substances | 80 | 80 | |
16 05 07* | Discarded inorganic chemicals consisting of or containing hazardous substances (1) | 77.5 | 77.5 | |
16 05 08* | Discarded organic chemicals consisting of or containing hazardous substances | 77.5 | 77.5 | |
16 06 07* | Lithium-based batteries (2) | 34 | 34 | |
16 10 01* | Aqueous liquid wastes containing hazardous substances | 3,020 | 3,020 | |
19 03 04* | Wastes marked as hazardous, partly stabilised other than 19 03 08 | 195 | 195 | |
20 01 21* | Fluorescent tubes and other mercury-containing waste | 29 | 29 | |
Total hazardous waste (kg) | 6,264 | 6,069 | 195 | |
(1) Both inorganic and organic chemicals are used. Since the exact distribution is unknown, a 50–50 split has been assumed.
(2) The majority of the batteries used are alkaline, with some being lithium-based. Since the exact distribution is unknown, all battery waste is reported as lithium-based in accordance with the worst-case principle.
Table 13 Annual generation of waste and waste management Sweden FY 2025
Waste type | Total waste generated (kg) | Waste diverted to recycling (kg) | Waste directed to disposal (kg) | |
|---|---|---|---|---|
Non-hazardous waste | ||||
EWC Code | EWC Description | |||
15 01 01 | Paper and cardboard packaging | 450 | 450 | |
17 02 01 | Wood | 130,700 | 130,700 | |
17 04 07 | Mixed metals | 27,120 | 27,120 | |
17 04 11 | Cables other than those mentioned in 17 04 10 | 1,813 | 1,813 | |
20 03 01 | Mixed municipal waste | 34,700 | 34,700 | 1,270 |
20 03 07 | Bulky waste | 2,700 | 2,700 | |
Total non-hazardous waste (kg) | 197,483 | 196,213 | 1,270 | |
Hazardous waste | ||||
12 01 09* | Machining emulsions and solutions free of halogens | 442 | 442 | |
13 02 05* | Mineral-based non-chlorinated engine, gear and lubricating oils | 2,249 | 2,249 | |
14 06 03* | Other solvents and solvent mixtures | 319 | 319 | |
15 01 10* | Packaging containing residues of or contaminated by hazardous substances | 169 | 169 | |
15 02 02* | Absorbents, filter materials (including oil filters not otherwise specified), wiping cloths, protective clothing contaminated by hazardous substances | 690 | 690 | |
16 01 07* | Oil filters | 15 | 15 | |
16 02 13* | Discarded equipment containing hazardous components other than those mentioned in 16 02 09 to 16 02 12 | 53 | 53 | |
16 05 04* | Gases in pressure containers (including halons) containing hazardous substances | 31 | 31 | |
16 05 07* | Discarded inorganic chemicals consisting of or containing hazardous substances (1) | 30.5 | 30.5 | |
16 05 08* | Discarded organic chemicals consisting of or containing hazardous substances | 30.5 | 30.5 | |
16 06 07* | Lithium-based batteries (2) | 7 | 7 | |
16 10 01* | Aqueous liquid wastes containing hazardous substances | 940 | 940 | |
20 01 21* | Fluorescent tubes and other mercury-containing waste | 24 | 24 | |
Total hazardous waste (kg) | 5,000 | 5,000 | – | |
(1) Both inorganic and organic chemicals are used. Since the exact distribution is unknown, a 50–50 split has been assumed.
(2) The majority of the batteries used are alkaline, with some being lithium-based. Since the exact distribution is unknown, all battery waste is reported as lithium-based in accordance with the worst-case principle.
Table 14 Annual generation of waste and waste management USA FY 2024
Waste type | Total waste generated (kg) | Waste diverted to recycling (kg) | Waste directed to disposal (kg) | |
|---|---|---|---|---|
Non-hazardous waste | ||||
EWC Code | EWC Description | |||
15 01 01 | Paper and cardboard packaging | 5,443.2 | 5,443.2 | |
20 03 01 | Mixed municipal waste | 12,700.8 | 12,700.8 | |
Total non-hazardous waste (kg) | 18,144.0 | 5,443.2 | 12,700.8 | |
Hazardous waste | ||||
08 04 09* | Waste adhesives and sealants containing organic solvents or other hazardous substances | 39.7 | 39.7 | |
13 07 01* | Fuel oil and diesel | 499.6 | 499.6 | |
14 06 03* | Other solvents and solvent mixtures | 849.4 | 849.4 | |
15 01 10* | Packaging containing residues of or contaminated by hazardous substances | 102.2 | 102.2 | |
16 05 08* | Discarded organic chemicals consisting of or containing hazardous substances | 24.6 | 24.6 | |
Total hazardous waste (kg) | 1,515.5 | 499.6 | 1,015.9 | |
Table 15 Annual generation of waste and waste management USA FY 2025
Waste type | Total waste generated (kg) | Waste diverted to recycling (kg) | Waste directed to disposal (kg) | |
|---|---|---|---|---|
Non-hazardous waste | ||||
EWC Code | EWC Description | |||
15 01 01 | Paper and cardboard packaging | 5,443.2 | 5,443.2 | |
20 03 01 | Mixed municipal waste | 10,886.6 | 10,886.6 | |
Total non-hazardous waste (kg) | 16,329.6 | 5,443.2 | 10,886.6 | |
Hazardous waste | ||||
Total hazardous waste (kg) | – | – | – | |