Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Supplied UV equipment ensuring clean drinking water for millions.
• Supplied vibration-damping materials reducing noise and vibration levels (e.g., 24dB reduction in Stockholm railway project).
• Replaced more environmentally and health hazardous glue with a water-soluble glue.

Social Achievements

• No serious accidents or incidents reported.
• Employees completed around 800 hours of training.
• Initiatives focused on employee health (step-counting competition, exercise sessions).

Governance Achievements

• Completed a stakeholder analysis and materiality analysis to identify key sustainability issues.
• Continued internal work on company policies regarding risk and stakeholders.
• Complied with UN Global Compact, ILO, and OECD guidelines.

Climate Goals & Targets

Environmental Challenges

• Negative development in Norway due to lower sales in Powder (Process & Environment) and declining offshore market in plastics (Materials Technology).
• Postponed sales in Sweden (Materials Technology) leading to lower than target revenue growth.

Mitigation Strategies

• Norway: New president implemented organizational changes focusing on sales and marketing.
• Sweden: Addressing postponed deliveries and lower coverage ratio in Materials Technology, and managing higher staff costs.

Supply Chain Management

Responsible Procurement

• Requires suppliers to have a health and safety policy.
• Prioritizes suppliers from Europe and the USA with high-quality products.
• Selects suppliers sharing the company’s ethical and environmental views.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, ISO 9001, ISO 14001

Certifications: ISO 9001, ISO 14001, TRACE

Third-party Assurance: Öhrlings PricewaterhouseCoopers AB

Sustainable Products & Innovation

• Ballast water cleaning facility
• Vibration-damping materials
• Water treatment solutions

Environmental Metrics

ESG Focus Areas

• Climate change
• Diversity
• Health and safety
• Anti-corruption
• Sustainability

Environmental Achievements

• Reduced CO2 emissions from travel due to the pandemic (28.1 tonnes of CO2, no 2019 data for comparison)
• Increased percentage of renewable energy to 68% (from 42% in 2019)
• Collected data on CO2 emissions from goods transports to establish a baseline for future reduction targets

Social Achievements

• Increased percentage of women employees to 31% (from 26% in 2019)
• Increased percentage of women in senior positions to 24% (from 18% in 2019)
• Employee satisfaction score of 66% (target 80%)
• Increased percentage of green company cars to 27% (from 11% in 2019)
• Implemented a Group-wide vision and core values program involving all employees
• Donated money to WaterAid and collaborated with Keep the Archipelago Clean

Governance Achievements

• Signed the UN Global Compact
• Improved procedures for handling trade receivables, resulting in fewer overdue invoices and credit days
• Harmonized accounting plans and coding instructions
• Improved account closing process
• Developed a new strategic focus on "High value focus"

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting sales and earnings, particularly large investment decisions being postponed
• Weak performance in Technical Plastics business area requiring structural measures
• Weak year in Denmark requiring sales increase and efficiency improvements
• Limited travel due to the pandemic hindering supplier sustainability assessments

Mitigation Strategies

• Implemented savings measures, including short-term staff layoffs
• Acquired Empakk AS and Alfa Tec Sweden AB
• Formed Christian Berner Business Services AB to support Group companies with business development, IT, marketing, accounting, and payroll
• Developed a new strategic focus on high-value, sustainable products with long-term profitability potential
• Implemented digital meetings and training sessions
• Introduced a new Group-wide travel policy and car policy

Supply Chain Management

Supplier Audits: 100% of A and B suppliers mapped in 2020

Responsible Procurement

• Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 (Zander & Ingeström)

Third-party Assurance: KPMG AB

Sustainable Products & Innovation

• Zeta boiler
• Fillflex filling machine
• Ozone purification system for wastewater

Environmental Metrics

ESG Focus Areas

• Sustainability
• Customer Value
• Profitability
• Environmental technology
• Human rights
• Anti-corruption
• Diversity
• Health and safety

Environmental Achievements

• Reduced total CO2 emissions from 1.85 tonnes/FTE in 2020 to 1.81 tonnes/FTE in 2021. Almost exclusively purchased renewable electricity in 2021.
• Stadex in Malmö reduced total energy consumption by 7% and CO2 emissions to zero by switching to an electric boiler from Zander & Ingeström.

Social Achievements

• Launched a Group-wide work on visions and values with local action plans and activities implemented in each company.
• Conducted leadership training in 2021.
• Established ambassador groups to improve information flow, collaboration, and workplace issues.

Governance Achievements

• Signed the UN Global Compact in 2020 and issued a Communication on Progress (CoP).
• Implemented a new assessment form for evaluating suppliers, including sustainability aspects. All A and B suppliers were assessed.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic negatively impacted opportunities to visit customers and cultivate new segments, leading to decreased order intake in the first half of 2021.
• Increased delivery times due to supply chain disruptions.
• Component shortages and delays in the supply chain.
• Weakening macroeconomic factors in the markets.
• Uncertainty regarding the conflict in Ukraine's impact on deliveries and sales.

Mitigation Strategies

• Strong order intake in the second half of 2021 resulted in a good order book for 2022.
• Developed new ways to meet with customers without unnecessary travel.
• Close dialogue with customers ensured no business loss despite delivery delays.
• Actively working to develop operations less dependent on specific markets and adapting costs.
• Closely monitoring developments and taking steps to limit negative effects from the Ukraine conflict.

Supply Chain Management

Supplier Audits: 100% of A and B suppliers mapped in 2021. Goal to assess 30 largest suppliers from a sustainability perspective.

Responsible Procurement

• Code of Conduct for suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: UN Global Compact

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45000:2018 (Zander & Ingeström)

Third-party Assurance: KPMG AB

UN Sustainable Development Goals

• Not disclosed

The Group actively worked to relate SDGs to their operations and sales in 2021.

Sustainable Products & Innovation

• Zeta boiler (electric boiler)
• Swedspjäll (industrial dampers)
• Vibration-damping materials

Awards & Recognition

• Not disclosed