Sustainability is not only fundamental to our business success and the success of our companies, we believe that our companies are instrumental to creating value for society and the planet through the solutions and services they provide. We relentlessly try to support our companies in developing strategies for resource efficient operations, for innovation to reduce climate impact and for diversity and inclusion in their organizations.
As an engaged long-term owner, we strive to empower both people and businesses to improve and innovate, and to continuously seek to move forward. It is in our role as an owner we have the most impact through the capital we provide, the active ownership role that we play and the employment, innovations, products and services delivered by our companies. When we help our companies develop best-in-class businesses, they create value for their customers, for society, and in turn, for us and our shareholders.
We have a structured ownership approach to sustainability based on our Sustainability Guidelines where we exercise our influence through our representation on the boards. We develop and drive value creation plans where sustainability and corporate health are among the key focus areas and we continuously follow up on performance. The Investor Sustainability Guidelines set clear expectations on our portfolio companies to conduct their operations in a responsible and ethical manner and to contribute to a more sustainable world by means of investments in innovation and more resource efficient products and solutions. Through our Sustainability Network with the portfolio companies’ Heads of Sustainability we enable a forum for sharing experiences and knowledge.
Company specific focus areas
Our objective is to be an active and responsible owner that develop best-in-class businesses that contribute to sustainable development. Our portfolio companies are expected to adhere to our Sustainability Guidelines. Investor continuously monitor the portfolio companies’ development and progress. One way is through the annual sustainability self-assessment questionnaire, where we follow-up the Sustainability Guidelines. The progress is presented to the Group Management and the Board of Directors once a year.
The portfolio companies also have company specific focus areas that our analysts track continuously. The process for monitoring the focus areas is integrated in the company’s value creation plans. We follow up on that the companies have action plans to achieve the company specific focus area.
We also meet the portfolio companies’ Heads of Sustainability in Investor’s Sustainability Network three to four times per year to discuss different sustainability challenges and opportunities.
As a company, Investor continuously works to improve our social, environmental and economic impact. Our Code of Conduct is the foundation for how we operate, acknowledged by all employees on an annual basis. The Code of Conduct guides all employees in their day to day work based on our values as well as internal policies for Anti-Corruption, Sustainability and Whistleblowing. We have high ethical standards in everything we do. Investor aims to be a role model for our portfolio companies.
We support universally recognized human rights and assume long term accountability for ethical standards. We are a signatory of the UN Global Compact and its ten principles and support the ILO conventions and the OECD Guidelines for Multinational Enterprises.
Investor’s Board of Directors has adopted a Sustainability Policy which sets the framework for Investor’s sustainability approach and work. The Management Group decides on the development and execution of the sustainability approach and within the Management Group the Head of Corporate Communication & Sustainability is responsible for coordinating and driving the overall sustainability work. This responsibility includes setting relevant objectives and targets, measure and monitor performance as well as to report on progress.
Our Code of Conduct guides all employees in their day to day work based on our values as well as internal policies for Anti-Corruption, Sustainability and Whistleblowing. All employees and company representatives are expected to comply with our policies. We hold regular trainings and all documentation is available on Investor’s intranet. Investor has zero tolerance for corruption. We set high ethical standards in everything we do. We support universally recognized human rights and assume long term accountability for ethical standards. We are a signatory of the UN Global Compact and its ten principles and support the ILO conventions and the OECD Guidelines for Multinational Enterprises. Through our independent whistleblowersystem, both employees and external parties can report suspected violations of law or business ethics.
Key policies and links
We strive to maintain a transparent business climate and high business ethics and we value the safety and respect of everyone affected by our business. Our trustworthiness and long-term success is built on our business principles, described in our Code of Conduct. Investor has a whistleblowing system in place where both employees and external stakeholders can report violations.
In 2018, our whistleblowing procedure was made available for external stakeholders. Investor received three reports, of which one was Human Resource-related and two related to situations in our companies. All reports have been processed and managed.
We continuously monitor our most significant economic, environmental and social impacts to ensure that we are addressing the most important topics to our business and stakeholders. Our material topics form the foundation for our sustainability strategy and prioritizes.
Maintaining a close dialogue with our key stakeholder groups is a central part of our sustainability work. The key stakeholder groups have been identified based on their interest and potential impact from and on Investor’s operations.
Key stakeholder groups
Investor’s most significant sustainability issues have been identified and prioritized via ongoing dialogs, group meetings, and interviews with our employees and external stakeholders. We maintain an understanding of our material topics through continuous engagement and dialogues with our key stakeholders, as well as by monitoring our business context and the relevant megatrends and drivers.