Climate Change Data

Securitas AB

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Health and safety of employees
  • Client engagement
  • Cost management
  • Cash generation
  • Diversity and inclusion
  • Sustainability
  • Compliance

Social Achievements

  • Increased client retention rate to 91% in 2020
  • 23% share of female managers (total)
  • Covid-19 training programs for employees
  • Purpose and Hero Award created to celebrate employees

Governance Achievements

  • Continued to hone compliance work
  • Anti-corruption and fair competition training for all relevant employees
  • Share-based incentive scheme implemented to gradually make approximately 2,600 top managers shareholders

Climate Goals & Targets

Medium-term Goals:
  • Double the security solutions and electronic security business by 2023 (compared with 2018)

Environmental Challenges

  • Coronavirus pandemic negatively impacted all business segments
  • Reduced aviation security due to the pandemic
  • Installation business within electronic security negatively impacted by the pandemic
  • Rising cost of labor
  • Cybersecurity challenges
Mitigation Strategies
  • Cost-saving actions and government grants
  • Accelerated implementation of strategy to be a trusted intelligent protective services partner
  • Launched a global Client Excellence Platform to improve client engagement and efficiency
  • Strategic acquisitions to strengthen position in electronic security
  • Multi-year transformation programs in Security Services North America and global IS/IT
  • Exit from a number of smaller, less profitable markets
  • Remote guarding and intelligent solutions to balance labor costs
  • Partnership with startups on cybersecurity technology

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

UN Sustainable Development Goals

  • 5
  • 8
  • 16

Securitas supports the UN’s SDGs, focusing particularly on goals that affect our employees such as inclusion, gender equality and good working conditions.