Sustainability highlights and report 2022
Handling the future
Handling is a key word in our business. Our equipment handles material transfers in ports, forests and industrial settings and facilities. We have now added this word to our sustainability ambitions as well. Through our 2030 targets and our sustainability efforts in general, we are aiming to tackle current challenges to reduce and minimize any negative impact; in other words, the future is in our hands.
This journey is not one we want to do, or can do, alone; we hope that as many of our customers, suppliers, business partners and other stakeholders as possible join us in making sure that, together, we handle the future.
Innovation and digitalization are key to achieving our sustainability goals
Anna Halling, Chief Strategy Officer, Bruks Siwertell Group
Last year, 2022, was the year that we really started to formalize our sustainability journey. It has been an eventful twelve months, with global circumstances presenting both challenges and opportunities. The Group has continued to grow in sales, number of personnel, as well as in its sustainability work. We asked our CEO, Peter Jonsson, some quick questions about sustainability.
A sustainability lens at every level
Sustainable development goals and UN global compact
The United Nation’s Sustainable Development Goals (SDGs) are a universal attempt to achieve a sustainable future and promote equality, human rights, and justice for all by 2030. The SDGs are a collection of 17 interlinked goals designed to guide reflection and action on the most critical challenges, and opportunities facing humanity and the natural world.
To move from awareness to action, the UN Global Compact offers participants an extensive toolbox including platforms, hubs and resources, that help businesses take action to achieve the SDGs.
Safety is incredibly important; all our personnel should come home safe and fulfilled after a day's work
Peter Jonsson, CEO, Bruks Siwertell Group
Our value chain
Our goals and local ownership
Our sustainability team was established in 2021 and is led by the company’s Chief Strategy Officer, who supports the units’ local initiatives and runs and coordinates Group-wide activities such as training, climate calculations and the mapping of significant sustainability issues. The exchange of knowledge between the participants in the sustainability team drives the Group’s entire sustainability work. Each company within Bruks Siwertell Group has formulated an individual action plan to ensure its feasibility, establishment and a sense of ownership.
Bruks siwertell group’s sustainability goals are assessed from an environmental, social, and governance (ESG) perspective, with each initiative falling into one or more of these categories.
Environmental, social, and governance
Environmental, social, and governance (ESG) is a framework designed to be embedded into an organization's strategy, that considers the needs and ways in which to generate value for all organizational stakeholders.
Environmental factors consider an organization's overall impact on the environment and the potential risks and opportunities presented as a result of environmental issues. Examples include:
- Energy consumption and efficiency
- Greenhouse gas (GHG) emissions (direct or indirect)
- Waste and recycling management
- Air and water pollution
- Biodiversity loss
- Natural resource depletion
Social factors include how an organization performs in relation to its internal and external stakeholders, including employees, suppliers, customers, business partners, and community members. Examples include:
- Fair treatment of employees, customers, and suppliers
- Diversity, equity and inclusion (DEI) programs
- Employee experience and engagement
- Workplace health and safety
- Data protection and privacy policies
- Community relations and engagement
- Support for human rights and labor standards
Governance factors examine how an organization polices itself, focusing on internal controls and practices to maintain compliance with regulations, industry best practices and corporate policies. Examples include:
- Company leadership and management
- Board composition, including its diversity and structure
- Executive compensation policies
- Financial transparency and business integrity
- Regulatory compliance and risk management
- Ethical business practices
- Whistleblower programs
Our 2030 ambitions
The outcome of our materiality analysis has resulted in challenging but clear focus areas and ambitions for 2030: Bruks Siwertell Group wants to set the sustainability standard for the industries that we serve and with ambitious targets, make a positive impact on surrounding ecosystems.
- Product development
- Reduce and limit CO₂ and greenhouse gas emissions
- Reduce energy use
- Reduce waste
- 50% reduction in CO₂ emissions
- 90% circularity of products
- Zero waste in our office units
- 100% renewable energy
- Health and safety
- Employee satisfaction
- Diversity and inclusion
- Zero workplace accidents
- 30 eNPS score
- 30% female managers
- Supply chain management
- Management systems
- 100% compliance with Codes of Conduct for both suppliers and customers
- 100% of work processes updated and improved
Our new value for measuring employee satisfaction, the eNPS score, will help us evaluate ourselves as an employer
Katarina Åkesson, HR Director, Bruks Siwertell Group
Bruks Siwertell Group is committed to reaching its 2030 targets, and will continuously communicate to its stakeholders how these targets will be met and what is achieved. This will be done through the publication of sustainability cases that detail different initiatives within the Group, including the relevant ESG focus areas.
Below is a selection of the cases from 2022.