Indutrade AB

Sustainability governance

Overall sustainability governance
Indutrade's sustainability governance is adapted to our decentralised organisation and primarily takes place via the company boards, business areas, a joint Code of Conduct, policies and guidelines, as well as networks, training and data follow-up. The MD and management team of each company have operational responsibility for their sustainability work and each board is ultimately responsible for ensuring that the company follows its own and Indutrade's guidelines and policies. Our new Group structure, with five international business areas focusing on specific market segments and technologies, improves the foundation for knowledge-sharing between companies with similar operations and opportunities/challenges. The new organisation also enables better sustainability governance and support for the companies; for instance, the business areas have appointed both People and Sustainability managers on their management teams.

Sustainability at board meetings
Sustainability is included as a mandatory agenda item at our board meetings. Reported data as well as the company's own materiality analysis and associated targets, KPIs and activities are discussed.

At Group level, the Board of Directors is involved in sustainability issues by approving strategies, policies, goals, acquisitions and possible divestments, as well as monitoring preparations ahead of new sustainability legislation. The Board also approves the annual Group-wide risk analysis, which includes important areas concerning sustainable development. More information on how we work with risks on an ongoing basis can be found in the Sustainability Report and in the section on risk analysis on pages 41–45.

Sustainability governance Our sustainability governance efforts have been adapted to our decentralised organisation and they primarily occur via the Boards of Directors of our subsidiaries. In 2019 and for all companies in the Group, sustainability was included as a standing item on the agenda at one of their three annual Board meetings. Indutrade comprises more than 200 companies in a wide variety of industries and markets. Accordingly, each of them faces different types of challenges and opportunities. It means that we cannot have Group-wide targets and focus areas for sustainability. Instead, they must be tailored to each company. However, from a long-term ownership perspective, our overall ambitions for sustainability are the same for all of our subsidiaries. After having identified each company's most important sustainability issues, the next step is for each subsidiary to, during 2020, identify relevant goals and key indicators linked to the identified sustainability issues, thereby enabling efficient and strategic improvement work within each company.

Sustainability governance Our sustainability governance efforts have been adapted to our decentralised organisation and they primarily occur via the Boards of Directors of our subsidiaries. In 2019 and for all companies in the Group, sustainability was included as a standing item on the agenda at one of their three annual Board meetings. Indutrade comprises more than 200 companies in a wide variety of industries and markets. Accordingly, each of them faces different types of challenges and opportunities. It means that we cannot have Group-wide targets and focus areas for sustainability. Instead, they must be tailored to each company. However, from a long-term ownership perspective, our overall ambitions for sustainability are the same for all of our subsidiaries. After having identified each company's most important sustainability issues, the next step is for each subsidiary to, during 2020, identify relevant goals and key indicators linked to the identified sustainability issues, thereby enabling efficient and strategic improvement work within each company.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes