Sustainable development at Addtech
At Addtech we aim to continue to create value for our shareholders, employees, society and the environment. We summarise it into three categories - added economic, social and environmental value.
Added economic value
Economic strength is a cornerstone for investing in sustainable development, and Addtech is dedicated to ensuring that we are both competitive and cost-efficient. In a constantly changing world, companies must develop to survive in the long term. Addtech's overall vision is to be the leader in value-added technology trading through clearly defined growth, profitability and development requirements. These concepts are thus fundamental to Addtech's sustainability work.
Added social value
A fundamental factor in Addtech's sustainable development is
taking account of all the people affected by our operations. This
includes our customers, suppliers, employees, collaboration
partners and the communities in which we operate. In order to
sustain our good reputation, Addtech shall maintain high quality
and ethics in all of its undertakings. A substantial part of our
subsidiaries' success derives from sound relationships with the
community and mutual trust and commitment. Group subsidiaries
decide themselves on the type and extent of activities in which to
participate. This is in harmony with Addtech's decentralised
business model. We believe that our subsidiaries are most apt to
determine when and how the Group should provide its support.
Addtech's subsidiaries strive to be attractive employers and to
provide their employees with sound personal development
opportunities. In order to identify areas of improvement, we
conduct for instance employee surveys that then form the basis of
skills development and business acumen in the Group. Addtech knows
the importance of safeguarding our most important resource - our
staff. Addtech's Code of Conduct acts as a compass for each
employee and our suppliers are encouraged to work in line with
it.
Added environmental value
Around half of the electricity used in the Group comes from
renewable sources. Our goal is to constantly increase this
proportion. The Group's companies are primarily engaged in
technology trading, so the operations have a limited direct impact
on the environment. We continually work with improvement measures
in the areas where we ourselves can make a difference. Our indirect
environmental impact rests with our suppliers. We hope that
supplier surveys will provide a better overview of how our
suppliers work with CSR matters and encourage them to change for
the better.
The Addtech Group's environmental policy has formed part of our
Code of Conduct for four years, and expresses our intention to
shoulder our part of the responsibility of improving the
environment and working to promote lasting sustainable development.
We work proactively to continually reduce the Group's direct and
indirect environmental impact. Ecocycle thinking and conservation
of natural resources must form an important starting point for the
Group's business operations. Important decisions shall take due
account of environmental consequences in order to create long-term
value for the Group's customers, employees, shareholders and
society at large. Environmental activities shall be conducted
within the scope of our business concept and be closely integrated
into operational activities. This implies that in the long term the
whole lifecycle of the products and services we provide shall be
taken into account. We can maintain a holistic view of
environmental issues through a high level of competence among our
employees and by constantly developing our knowledge of
environmental consequences.
Environmental conservation measures shall be implemented to the
extent they are technically feasible, reasonable in terms of
business economics and environmentally justified. Suppliers are
encouraged to operate in line with our environmental policy.
Suppliers shall also be familiar with and comply with requirements
defined by national legislation, statutes and industry standards.
Suppliers shall as a minimum requirement operate a secure system
for management of hazardous materials and waste.