Sustainability targets

We have defined targets and activities in all three areas of sustainability: environment, social and governance.

Environmental 


Reduce greenhouse gas emissions

Our greenhouse gas emissions in scope 1 & 2* are to be reduced to 134 kg CO2e/ton wire, a reduction of 83 percent in 2030 compared to the baseline year 2020. 

Scope 1 - Direct emissions from owned or controlled sources and  Scope 2 Indirect emissions from purchased energy.

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Eliminate hazardous elements

Elimination of certain non-environmentally friendly elements within our operations by 2030. The non-environmentally friendly elements in this case is hardening oil, heating oil, zinc-phosphate, lead and xylene. 

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Optimize water consumption

To optimize water consumption in our operation and reduce the volume of wastewater generated, the total water consumption within our operations is to be 700 litres per ton of wire produced in 2030. 

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Reduce the amount of waste

To reduce the amount of waste within our operations and managing it in alignment with the highest levels of the waste hierarchy. 

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Social 

 

A safe workplace 

Our target is to not have any accidents in 2025, creating a zero-accident workplace starts with shaping the culture and fostering a safety-oriented mindset. This means that we ensure that everyone is aware of potential risks and enhance their overall understanding of safety hazards.

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Employees

To map and improve employee satisfaction, gender equality, and other important factors to have a good working environment and be an attractive workplace. We conduct a global employee survey bi-annually and work with the results in workshops involving all employees.

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Governance 

 

Financial

50 percent of the turnover should come from conventional products for the automotive industry and 50 percent from new areas in 2028. 

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