How we work

Y

| E F FICIENCY | PROFITABILITY | ATTRACTIVENESS HELA

T I L SUSTAINA B I

Sekab

HELA Sekab

In late 2021, Sekab began to work on the development of a new strategic platform. We are calling it HELA Sekab, and HELA stands for the Swedish words for sustainability, efficiency, profitability and attractiveness. The basis of this work is Sekab’s common story:

“We are the green chemical company Sekab. Our business contributes to a more sustainable world. Our bio-based chemicals and fuels help our customers phase out unsustainable products and processes. We are a part of a green industrial revolution that is fundamentally changing how we produce goods and services.

Sekab’s research and development is prominent, and at the same time, we are taking our knowledge all the way to completed products and methods. We are building our success through strategic collaborations with world-leading players.

Sekab’s operation is built on a historic legacy. We know that with a base in northern Sweden, we can change the world for the better. We have done it before, and we will do it again.”

LOOKING AHEAD

In 2022, work with HELA Sekab will continue. We are updating our goal documents and key figures. All activities, business and processes will be permeated by our four cornerstones: Sustainability | Efficiency | Profitability | Attractiveness

Values

Our values are an incredibly important part of the HELA Sekab aspect of attractiveness. They help us gather around, live and realize our vision. Three selected characteristics which permeate our actions, our hiring process and our interactions are: Commitment, creativity and trust.

Commitment

Sekab’s employees are committed • We value transparency • We help one another • We have fun at work together

Creativity

Sekab’s employees are creative • We are solution-oriented • We are curious and responsive • We work together for continuous improvements

Trust

Sekab’s employees have trust • We respect one another • We communicate clearly • We create a safe workplace together

Starting points for sustainable business

Sustainability is at the core of all of Sekab's activities. Our vision for sustainability is based on the UN’s Sustainable Development Goals of Agenda 2030. Sekab’s bio-based products contribute to a more sustainable world and reduced emissions. Sekab will also work for social sustainability by being a good employer and a responsible and present player in our local community.

The policy documents in the area of sustainability comprise a number of guidelines, and the overall corporate policy is an integrated health, safety and environmental policy (HSE policy). The purpose of our HSE policy is to clarify Sekab’s position that health and safety must always come first and that consideration must be given to the external environment, as long as it is environmentally justified and economically feasible.

Our code of conduct also clarifies how the company will behave as an employer and business partner. The basis is to conduct operations in accordance with the ten principles of the UN Global Compact. Our code of conduct includes areas that are also covered by three additional guidelines: the gender equality and diversity policy, the purchasing policy, and the sales policy. These are all connected to the area of sustainability.

Sekab also operates according to the environmental standard ISO 14001 and the quality standard ISO 9001.

Most important sustainability issues A materiality analysis has helped us to map the most important issues for the company and stakeholders in terms of sustainability. The analysis included both internal and external stakeholders (board/owners, employees, customers and suppliers) and the results of the analysis laid the foundation for developing Sekab’s sustainability report.

THE GLOBAL GOALS

for sustainable development

2030 Agenda

MORE ABOUT THE 2030 AGENDA

and the Sustainable Development Goals can be found at www.globalgoals.org

Through the Sustainable Development Goals and the 2030 Agenda for Sustainable Development, from January 1, 2016 to 2030, countries around the world have undertaken to: • End poverty and hunger everywhere • Fight inequality within and among countries • Build peaceful, just and inclusive societies • Protect human rights • Promote gender equality and empower all women and girls • Ensure lasting protection for the planet and its natural resources

The Sustainable Development Goals help us to identify the sustainability aspects of our business, to meet the expectations placed on us, and to realize our vision of being a benchmark company for sustainable development in the chemical and biofuels industry.

The Sustainable Development Goals have provided a structure for our sustainability report: we have connected to our four focus areas the seven goals that are particularly important to Sekab and our report.

Read more on page 22.

Responsible Care

Sekab participates in the chemical industry’s program for Responsible Care. Participation involves the company committing to work based on several guiding principles; to work with continuous improvements in safety, health and the environment; and to openly provide information about the operation and its progress.

We annually report a number of key performance indicators (KPIs) on safety, health and the environment to IKEM, which compiles a common status report for the chemical industry in Sweden.