Strategy and governance
Addtech's strategy for its Corporate Social Responsibility (CSR) work is based on the Group's Code of Conduct. The central concepts of CSR - the environment, ethics and morality - have long been part of the Group's operations. In 2010/2011, Addtech made the decision to aim higher in the Group's work on CSR issues, and as part of this we analysed our risk and opportunities. On the basis of the analysis, we set long-term and short-term targets to minimise risks and capitalise effectively on the opportunities available. Addtech has have three overall CSR goals:
- Employees: The companies in the Addtech Group strive to be attractive employers and to provide their employees with sound personal development opportunities. In order to identify areas of improvement, we continuously conduct employee surveys that then form the basis of expertise and operational development in the Group.
- Suppliers: A major share of the sales generated by Addtech companies comes from selling on the products and solutions of global and market-leading suppliers. We continuously work with deepening these relationships and ensuring that our suppliers meet a good requirement level in relation to their employees and the environment.
- The environment: More than half of the electricity used in the Group comes from renewable sources today. Our goal is to constantly increase this proportion. Because the Group's companies are primarily involved in technology trading, the operations have a limited direct environmental impact. We continuously work with improvement measures in the areas where we can make a difference.
The Group's Code of Conduct is a key foundation stone for Addtech's CSR work and the code was updated in 2010/2011 to reflect the Group's aims more accurately. The Group's Code of Conduct includes all important issues regarding the environment, human rights, working terms and conditions, and corruption. The code is based on the UN's Global Compact, ILO's Core Conventions, and the OECD Guidelines for Multinational Enterprises, and it is aimed at our operations and those of our suppliers. Addtech's Code of Conduct has been adopted by the Board of Directors and applies to all companies in the Group. It is available on Addtech's website www.addtech.se/csr.
Group management, supported by the Board of Directors, establishes targets for the Group, together with the focus areas that are to be used to measure performance against these targets. Every year, the Group's companies report measured values and key indicators and ratios to Addtech's finance and accounting function, which compiles and analyses the results. The results are then reported on in the organisation.