We have been engaged by the management of Doconomy AB (Doconomy) to undertake a limited assurance engagement on below specified information related to the Åland Index, presented in chapter 2 and 5 in Doconomy’s report ‘Åland Index Methodology – Enabling impact calculations on monetary transactions’, dated October 2022 (Report).
• Greenhouse gas emissions intensity, presented as CO2e (Scope 1, 2 and 3)
• Freshwater consumption intensity (direct and indirect consumption)
The Executive Management are responsible for the preparation of the Report in accordance with the applicable criteria for the above specified information, as explained on page 4 in the Report, and are the parts of the Sustainability Reporting Guidelines published by GRI (Global Reporting Initiative) and GHG Protocol that are applicable to the Report, as well as the accounting and calculation principles that the Company has developed. This responsibility also includes the internal control relevant to the preparation of a Report that is free from material misstatements, whether due to fraud or error.
Our responsibility is to express a conclusion on the above specified information based on the limited assurance procedures we have performed. The selection of information to be reviewed has been made by the management of Doconomy. Our review is limited to the above specified information in this document and does not include future oriented information. Doconomy obtains the company data from a third party service provider and our engagement is limited to the data as it has been received by Doconomy, excluding the processes and methodologies applied by the third party service provider.
We conducted our limited assurance engagement in accordance with ISAE 3000 Assurance engagements other than audits or reviews of historical financial information. A limited assurance engagement consists of making inquiries, primarily of persons responsible for the preparation of the Report and applying analytical and other limited assurance procedures. The procedures performed in a limited assurance engagement vary in nature from, and are less in scope than for, a reasonable assurance engagement conducted in accordance with IAASB’s Standards on Auditing and other generally accepted auditing standards.
The firm applies ISQC 1 (International Standard on Quality Control) and accordingly maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. We are independent of Doconomy in accordance with professional ethics for accountants in Sweden and have otherwise fulfilled our ethical responsibilities in accordance with these requirements.
The procedures performed, consequently, do not enable us to obtain assurance that we would become aware of all significant matters that might be identified in a reasonable assurance engagement. Accordingly, we do not express a reasonable assurance conclusion.
Our procedures are based on the criteria defined by the Executive Management as described above. We consider these criteria suitable for the preparation of the Report. We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our conclusion below.
Based on the limited assurance procedures we have performed, nothing has come to our attention that causes us to believe that the above specified information is not prepared, in all material respects, in accordance with the criteria defined by the Executive Management.
Stockholm, 21 October 2022
Ernst & Young AB
Linn Haslum Lindgren
Authorized Public Accountant
Specialist member of FAR