Sustainable Strategy
Our sustainability strategy and our business strategy as a whole is built on our focus to limit our negative impact and ensure a livable future for coming generations.
We aim to do so by using the UN Sustainable Development Goals as a framework, and also by setting science-based targets that are in line with the Paris Agreement to combat climate change.
A Sustainable Strategy
We strongly believe that a sustainability strategy shouldn’t be separate from a business strategy. Instead, they should go hand in hand, and therefore we use ISO 9001 & 14001, SBTi (Science Based Target initiative), and the 10 UN Global Compact principles as the foundation for our sustainability strategy and business model - that we call a sustainable strategy.
By using these frameworks we take responsibility to limit global warming and be mindful of the use of resources for current and future generations. Meanwhile, these principles help us prioritize and navigate our operations and maintain high standards as a responsible corporate organization.
Finally, by integrating SDGs and ESG into the core of the business, we make sure that we future-proof our business, and our customers’ businesses.
Message from our Head of Sustainability
“We firmly believe that businesses based on a throwaway culture will eventually vanish, and that circular business models will take over and also create more job opportunities.”
The foundation of our sustainable strategy
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SDGs
The UN Sustainable Development Goals (SDGs) are a set of 17 goals that address social, economic, and environmental challenges worldwide. The goals are our guiding star when we determine what to focus on in our ongoing work.
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Science Based Targets
The Science Based Targets initiative is helping us ensure that we set goals and action plans that are in line with the Paris Agreement and make sure that we do our part to keep global warming well below 1.5 °C
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UN Global Compact
The United Nations Global Compact (UNGC) is the world’s largest sustainability initiative for companies and organizations that want to take active social responsibility in sustainability issues. We stand behind the initiative and design our policies according to human rights and anti-corruption.
Materiality Assessment
We update our materiality assessment annually to map out our most negative and positive impacts. Assessing these impacts helps us navigate what is most relevant for us to include in our sustainability strategy.
Policies
At Oleter Group, our policies address how we work with quality, the environment, occupational health, and safety, as well as how the organization is governed and the relationship with suppliers. The CEO and board members approve all policies. Our policies apply to all countries and subsidiaries, including relevant policies for procurement, such as business policy, code of conduct, and data security & privacy policy.
We ensure that all employees take part in and accept all policies and updates through our personnel academy and employees can access the policies through the intranet at any time.
Our policies aim to promote responsible corporate and sustainable development. We value regular discussions and collaboration with our stakeholders, as we believe that partnerships and collective efforts are essential for achieving our objectives.
We make our policies and related documents available on our website for business partners and other stakeholders to access. We also communicate news and updates both internally and externally to keep all our stakeholders informed. We encourage employees and stakeholders to send feedback about our business through the whistleblower function on the website.
More about our Sustainability Work
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Economic impacts
Our economic impacts are important for sustainable development, but it is equally important how we manage climate change risks and future challenges
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Sustainable Strategy
Our sustainability strategy is built on our focus to limit our negative impact and ensure a liveable future for coming generations. We aim to do so by using the UN SDGs as a framework, and also by setting science-based targets that are in line with the Paris Agreement.
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Sustainable Development Goals
Our goals and focus areas have been developed in line with the UN Sustainable Development Goals.
Read more about how our value chain relates to the SDGs.
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Science Based Targets
The Science-based target initiative is helping us make sure we put goals and action plans that are in line with the Paris Agreement, ensuring that we do what we can to keep global warming well below 1,5 °C.
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Stakeholder Engagement
We aim to have an open dialogue with our stakeholders to understand how we affect them. Our stakeholders are important in many aspects. Please click the button to read more about who they are and how we keep in touch
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Materiality Analysis
Our materiality analysis helps us determine the most important areas to focus on in our sustainability efforts, which include social, environmental, and governance aspects.
