Indutrade’s sustainability strategy represents a shared commitment that the businesses within the group continuously develops and improves in ways that are economically, environmentally and socially responsible.
Indutrade has a strategic framework that summarizes our focus areas for sustainable development. The framework is based on a materiality analysis in which we have identified the most important sustainability topics for the Group and our companies, based on impact and stakeholder expectations. We work towards overall goals in the areas of People, Environment and Profitable Growth and have defined associated targets and KPIs that we follow up at least annually.
Objective 2030: 100% Engaged People
Objective 2030: CO2 neutral (scopes 1 and 2 GHG)
Sustainable profitable growth
Objective 2030: 100% of Indutrade companies contributing to sustainable development
Indutrade's sustainability governance efforts have been adapted to our decentralised organisation and they primarily occur via the Boards of Directors of our subsidiaries. Sustainability is included as a mandatory agenda item at the subsidiaries’ board meetings. Outcomes on reported data as well as the company’s own materiality analysis and associated goals, KPIs and activities are discussed.
The MD and senior executives of each subsidiary have operational responsibility for their own sustainability work and each Board of Directors is ultimately responsible for ensuring that the company follows its own and Indutrade's
guidelines and policies.
Sustainability governance occurs primarily via:
- Board meetings
- Code of Conduct, policies, guidelines
- Network meetings, e-learning and training
- Sustainability reporting platform
At the Group level, the Board is involved in climate issues by approving strategies, policies, acquisitions and potential divestments. At the Group level, we also conduct a comprehensive strategic risk analysis each year.