Objective 2030: 100% Engaged People

Ensuring that employees feel good and develop in the organisation are priority areas for Indutrade and crucial for the Group’s success. We help create the conditions for long-term growth of our business by focusing on continuously developing leadership skills and competencies, having inclusive teams and workplaces where people thrive and by ensuring that there are safe and healthy working conditions.

One of the most important prerequisites for maintaining a long-term approach is our expertise within the Group. In our subsidiaries this is largely a matter of making use of the expertise that already exists internally. We do this both through training for key people and by sharing knowledge and experiences within the Group.

We believe in giving people freedom and trust. It creates job satisfaction, pride and commitment. Being able to attract, develop and retain the right employees is a prerequisite for Indutrade's long-term profitability. By building teams with diversity, the ability for development and innovation increases.

Health and safety in the workplace is fundamental for Indutrade. Investing in improved work and production environments is something that we prioritise, support and encourage.

KPIs and results on People

¹⁾ Injury frequency rate is measured as the number of injuries per 200,000 worked hours.

Targets to the SDGs where the contribution from our work with people is particularly relevant

Objective 2030: CO₂ neutral (scope 1 and 2 GHG)

Climate issues are high on Indutrade’s agenda and we see reduction of carbon dioxide emissions as crucial. The transition to a low-carbon economy involves many different initiatives regarding energy and resource use.

From 2020, Indutrade measures the carbon footprint at Group level for Scopes 1 and 2 and the goal is for us to become climate neutral for these parts. We work with analysis at the Group, business area and company level to identify relevant measures and priorities going forward in our pursuit of climate neutrality.

We have also started including Scope 3 (emissions upstream and downstream in our value chain) in our data collection from subsidiaries so that we understand their scope and can include this in goals and strategies in the future. Categories we have started measuring are purchased goods and services, based on raw material content, upstream transports, business trips by plane and emissions associated with production and distribution of energy in Scope 1 and 2. For 2022, we only publish the data on business trips by plane. Our goal for next year is to publish data of the other three categories, once we have ensured that we have the complete data for that.

KPIs and results on Environment

Targets to the SDGs where the contribution from our work with the environment is particularly relevant

Objective 2030: 100% of Indutrade's companies contribute to sustainable customer value

Our overall goal for 2030 is for all of the Group's companies to contribute to a sustainable development for customers via their products and solutions. Our companies offer high quality products with a long service life. Through good knowledge of customers’ systems and processes in combination with high technical expertise, we are able to, in many cases, streamline customers’ operations and offer solutions that reduce environmental impact, or contribute with other benefits, for example improved working environment.

Sustainability is becoming increasingly important to customers and society at large. It is also crucial to continued growth and success. Stimulating the development and sale of products with sustainable added value is therefore an important focus area for the Group. We are particularly striving to ensure that newly launched products consume less energy and/or lower the carbon footprint.

We also feel that it is important to measure customer satisfaction and use the results to develop the business. Furthermore, we encourage our companies to include questions about sustainability in their customer surveys or other regular engagement with their customers.

KPIs and results on Products & customers

Targets to the SDGs where the contribution from our work with Products & customers is particularly relevant