Sustainability

Nextory is part of the ongoing transformation from printed books to digital content. The rapidly growing market for digital books is moving away from a large part of the previous negative impact on the environment that the book industry has traditionally been characterized by, where paper production, waste and transport related to printing and physical distribution have previously accounted for large carbon emissions. As the share of the digital book market increases, it will also be possible for the book sector to reduce its global carbon footprint, while maintaining the real value for consumers.

Nextory is a driver in the digital book market for audiobooks and e-books in Europe. Reading promotes democracy by making books available, anywhere and anytime. Nextory wants to increase reading in society and contribute to social, environmental and economic sustainability. With its digital platform that offers a wide range of audiobooks and e-books, Nextory aims to increase the availability of books and in turn increase learning in society. In addition to this, an increased reading and desire to read contributes to personal development and health, which also contributes to a more prosperous and well-functioning society.

Social

Nextory makes books easily accessible for the public and has a broad community. We want to increase reading because it leads to personal development and increases well-being. Reading is an important part of a functioning democracy and contributes to a more sustainable society. Also, we have no exposure to high risk countries.

Environmental

The environmental impact within own operations (direct & indirect) is limited as Nextory is a true digital first company. The company continuously works to reduce impacts from activities such as travels, energy, waste management and suppliers. Current initiatives include using 100% renewable energy for data storage and having a fully digital workplace. Also, an environmental policy is scheduled to be revised by the board.

Governance

Strict measures are in place to ensure that collected user data is being properly managed. Governance of cyber security is highly prioritized and the company has adopted an information security policy. Also, several new initiatives regarding ESG including code of conduct, environmental policy and more are to be developed.