Addtech’s sustainability strategy is based on the Group’s Code of Conduct. The central concepts of Corporate Social Responsibility – the environment, ethics and morality – have long been part of the Group’s operations. In 2010/2011, however, the decision was taken to aim higher in the Group’s work on sustainability issues. This recently started programme includes analysing risks and opportunities, setting long-term and short-term targets to minimise risks and capitalising effectively on the opportunities available.
Addtech’s reasoning behind the change of strategy is that these issues will in future feed through into a constant process to promote continually sustainable and profitable development. Historically, sustainability work in the Group has followed the dictates of laws and regulations, but it has focused above all on meeting the requirements for sustainability in its individual markets. In some parts of the business, this has meant far-reaching sustainability work, including environmental certification. These issues are now to form a natural part of day-to-day work at Group, subsidiary and employee level.
The Group’s Code of Conduct is a key foundation stone for Addtech’s sustainability work, and the Code was therefore updated in 2010/2011 to reflect the Group’s aims more accurately.
At the same time, we are improving transparency in our sustainability work and from now on this work will be accounted for annually in a sustainability report complying with the Global Reporting Initiative (GRI), initially at Application Level C.
Addtech’s overriding goal is to fulfil the requirements and expectations of its customers, shareholders and employees regarding sustainable enterprise. Greater transparency and follow-up are key foundation stones in this work.