44 | MANAGING SETRA’S SUSTAINABILITY WORK
Managing Setra’s sustainability work Setra’s aim is for the perspective of sustainability to be an integral part of everything we do. Our core values of commitment, innovation and responsibility are to serve as our guiding lights in making sustainable decisions and acting ethically in our everyday work.
Materiality analysis – prioritised sustainability areas In order to identify our key sustainability areas, we have completed a materiality analysis, taking as our starting point both the impact our business generates in every link of the value chain, and the demands and expectations placed on us by the outside world. The materiality analysis is checked and updated regularly in step with the development of our business, changes in the world around us and the progression of our stakeholders’ expectations on us. We have packaged the findings from the materiality analysis into five key issues: Our portfolio, Resource-efficient business, Culture and colleagues, Climate-smart raw material and Sustainable transport. What we consider important in each area, how we work, goals and follow-up are all set out in this sustainability report. Stakeholder dialogue Setra’s prioritised stakeholders are customers, employees, owners and suppliers. We maintain an ongoing dialogue with our stakeholders to identify areas for improvements, pick up on ideas for stimulating working relationships, and remain up-to-date with the latest requirements and expectations. Over the course of 2020, climate issues have been highlighted even more clearly as being important to the stakeholders with whom we work actively. We have noted this primarily among our existing and potential customers, who are increasingly asking questions about the climate performance of our products and how we are working to reduce emissions from our business. Another area that is gaining an increasingly prominent position in the public debate, in the media and among
Sustainability Report 2020 — Setra Group
our owners involves issues relating to sustainable forestry and biological diversity. This is a key issue for us, and one on which we are working constantly in partnership with the industry, our owners and our suppliers. The coronavirus pandemic has had an impact on us all in 2020. Initially, the pandemic affected demand for our products, but the market has actually remained strong during the year. We have worked hard to keep production running at our units and to establish a good working environment that minimises the risk of infection. Sustainability policy Setra’s sustainability policy is our overarching governing document for our work with sustainability. The policy highlights the focus areas of business ethics, employees, occupational health and safety, the climate and the environment, and is published online at setragroup.com Organisation and responsibility The work forms an integral part of our processes and common way of working. All managers and employees are responsible for making a contribution within the framework of their respective areas of responsibility and roles. Setra operates a sustainability function that encompasses the environment and communication departments. The sustainability function is the responsibility of the company’s sustainability manager and is tasked with developing the work, providing expertise and supporting the business operations. The HR unit also has an important role to play in our sustainability work. Responsibility for risk management is delegated from the CEO to the SVP for Enterprise Risk.
The operative work with environmental, ethical, OHAS and staff issues takes place at the respective workplaces. A reorganisation has been planned for 2021, whereby responsibility for sustainability issues will be distributed more clearly within the organisation and at the different units. The cohesive responsibility for sustainability within the organisation is placed with the EVP for Production and Sustainability, and a new Sustainability Manager will be recruited in 2021. Certified management systems and shared goals Setra’s Swedish operations are certified in accordance with the ISO 14001 environmental management standard. Setra’s management system also includes health and safety and fire safety, which it is checked regularly through internal audits and insurance inspections. These elements have not been externally certified. Setra’s sawmills and processing units are certified in accordance with FSC and PEFC Chain-of-Custody standards and the FSC standard for Controlled Wood. The certification demonstrates that the company has a system in place for tracking the raw wood material and ensuring that it originates from a responsibly managed forest. The company has four overarching sustainability goals: one each for climate performance, energy utilisation, work safety (accidents) and sick leave. The majority of the goals applied up until 2020. Over the past year, a new sub-goal for work safety has been adopted. The number of workplace accidents resulting in sick leave per million hours worked (known as the LTA Frequency Rate) shall not exceed 10 by 2025. Setra has also decided to
