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.