ITAB’s operations are conducted in a responsible manner and the Group is aiming to achieve sustainable development. The Group’s companies are working to reduce the business’s environmental impact and to ensure good working conditions for ITAB’s employees, as well as to maintain good business ethics. Developing new, sustainable solutions and products creates value for both ITAB and the customer and is an important part of the offer.
ITAB has incorporated sustainability issues as a natural part of the business for many years. This is an important component in the all-inclusive offer that ITAB delivers and is in line with the company’s values. Ensuring resource-efficient production and good conditions within ITAB are important aspects of the sustainability work. For the companies within the Group, it is important to be a proactive partner and to offer effective and sustainable solutions to ITAB’s customers. This includes having a good knowledge of how ITAB’s products can contribute to more efficient processes at our customers, thereby helping to achieve a more sustainable value chain.
ITAB has launched a process aimed at further mapping and systematising the sustainability work within the Group. Four areas of focus have been developed for work, which supports ITAB’s strategic direction. The work is based on Global Reporting Initiatives’ (GRI) guidelines for reporting on sustainability issues. The areas of focus gather together the sustainability issues that have been identified as being important for ITAB and for the Group’s stakeholders.
ITAB will continue working on the development of the programme and its establishment within the Group during 2017. This is being achieved in part by formulating KPIs and measurable goals that will be followed up regularly.
Maintaining the trust of the outside world is decisive when it comes to running a business in the long term. As a result, it is important to build good relations with the company’s stakeholders and to be sensitive to their wishes. At the same time, dialogue with the outside world is vital in order to ensure an understanding of the
environment and the communities in which ITAB operates.
ITAB’s stakeholders are those groups that have the potential to influence, and that are influenced by, the company’s operations. The most important stakeholder groups include customers, owners, employees, suppliers and society in general. The Group’s companies interact with their stakeholders in a number of ways, such as through discussions and collaborations. Sustainability work is governed by what the stakeholders and the company consider to be important.
During 2016, ITAB conducted a materiality analysis in order to identify the most important areas for the company and its stakeholders. These areas are presented below.
Read more about our four focus areas: