NIBE GROUP
Sustainability and climate
Dialogue with our stakeholders Through a continuous dialogue with our stakeholders, we ensure that we have identified our most important sustainability areas and that we focus on the right issues for the future as well. The biggest high-influence groups of stakeholders are owners, customers, employees, suppliers, investors and fund management companies, as well as government authorities and the local community.
Our focus areas 1
Business ethics and anti-corruption
2
Renewable energy and efficiency in operations
1
Sustainability in the business strategy
2
Safe and energy-efficient products
1
Evaluated and approved suppliers
3
Gender equality in the organisation
1
Product development
2
Life-cycle analysis and circular economy
3
Working environment and injuries
4
Open communication
2
Environment and quality assurance
1
Climate
2
Efficient use of water and materials
4
Involvement in community projects
3
Human rights
3
Good working environment
1
Profitability
2
Biodiversity
1
Corporate responsibility
4
Compliance with legislation and obligations
3
Dedicated, skilled workforce
Strategic focus areas
Fundamental
Explanation 1. Business and ethics topics, 2. Environmental topics, 3. & 4. Social topics
Materiality analysis The materiality analysis that is based on extensive consultation with representatives of the various stakeholder groups in 2016 is continuously being updated by collecting additional information from the various stakeholder groups. There have been no dramatic changes in stakeholder expectations of and views on our business. We have determined the scope and boundaries in dialogue with management and stakeholders based on trends and GRI topics, along with their impact on our value chain both within and outside the organisation. These aspects have been summarised in the model above and grouped into different material areas, business and ethics topics, environmental topics and social topics. If we compare NIBE’s current work in the areas identified as
The different areas are described in detail on page 148 and our strategic focus areas are described on pages 153–171.
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strategic focus areas, it is well aligned with the choices and priorities made by NIBE to date. •
NIBE’s products support the transition to more sustainable cities and infrastructure. The product range is largely based on energy efficiency enhancement and renewable energy and is, therefore, aligned with climate-adapted products (LCE) as a business strategy.
•
NIBE invests in energy conservation and renewables in its own operations and has measurable targets for this.
•
The decision to sign and thus commit to compliance with the UN Global Compact reinforced NIBE’s previously communicated values to respect human rights and take responsibility for the environment, working environment and ethical business practices.
•
NIBE has an accident rate target to create a safe working environment.
•
NIBE has chosen to have certified management systems within environment and quality.
•
NIBE has responded to the need to train its staff.
•
Supplier evaluations regarding sustainability have resulted in clearer targets and action plans.
NIBE INDUSTRIER AB ANNUAL REPORT 2021
