Sustainability development key targets
Nolato has introduced long-term targets covering the environment, people and society. These targets support Agenda 2030 and the UN Sustainable Development Goals (SDGs). The group-wide targets were updated in 2020. Below is an over-view of the outcome of Nolato’s sustainability work.
Climate change brings both risks and opportunities for Nolato. Boosting energy efficiency and phasing out fossil fuels is reducing the Group’s carbon footprint. These measures also create preparedness for higher fees and taxes on carbon-emitting operations. Greater use of recycled and bio-based raw materials are other initiatives that will help reduce carbon emissions. So environmentally sustainable product development is a priority area, in which the Group’s expertise and technology can contribute to customers’ environmental and carbon reduction efforts.
More efficient energy use, and up until 2025 usage should decrease by 55% compared with the average for 2011–2012 (GWh/net sales).
Emissions of carbon dioxide from energy consumption (Scope 1, 2) will be reduced by 80% by 2025 compared with the average for 2011–2012 (tons/net sales). Carbon dioxide emissions that are related to the products (Scope 3) will be reduced by 5% between 2020 and 2025 (tons/net sales).
Chemicals and raw materialsHazardous chemical substances should be identified and, where possible, phased out. The percentage of bio-based and recycled raw materials should increase.
Environmental management systems
All units to be ISO 14001-certified.
The Nolato Spirit is the Group’s Code of Conduct. It provides ethical guidance on issues concerning legal responsibility, accounting, conflicts of interest, working conditions, the environment, social responsibility and business ethics. The Code of Conduct also contains policies on the environment, health and safety and other areas. An updated version of The Nolato Spirit was issued in 2020 and employees are currently being informed about the new code. Long-term goals on social responsibility include initiatives that contribute to a safe work environment and respect for human rights.
The number of workplace accidents must be kept to a minimum, with the long-term goal of no injuries at work.
Ethical and humane principles
There should be no cases of infringe-ments of human rights, discrimination or forced labor. The proportion of women in management positions should increase at Nolato at all levels.
Nolato business principles are characterized by integrity, responsibility and good ethics – basic principles that are shared with suppliers, customers and others affected by Nolato’s business operations. Prevention of corruption is a high priority. The Nolato Spirit is based in part on the Global Compact, and provides support for employees and reassurance when interacting with customers and other stakeholders.
There should be no cases of bribery, corruption or cartel formation. Continued up-to-date information to employees.
Nolato aims to maintain a leading position and be perceived as the customer’s first choice within sustainable development.
By 2025, all strategic suppliers will be assessed according to Nolato’s guidelines for suppliers.