Addtech has published a sustainability report since 2011. It is a key part of the company’s sustainability work as it gives employees, owners and other stakeholders the opportunity to learn about how our CSR work is developing. The reports form the basis of the Group’s further CSR development. Reported topics include the Group’s use of energy, carbon footprint, employee turnover and employee occupational health and safety.
The purpose of this sustainability report is to describe the Addtech Group's objectives, strategies and governance, as well as accountability, risks and opportunities from a sustainability perspective. Its purpose is also to show the Group's results from an economic, environmental and social perspective. The objective of the sustainability report is to provide customers, employees and shareholders with understanding and knowledge of Addtech's CSR work.
The report complies with application level C of the Global Reporting Initiatives (GRI) and pertains to the 2015/2016 financial year, with comparative data from the 2014/2015 financial year. This sustainability report has not been reviewed by the Company's auditors.
Addtech employees are absolutely crucial for our success. A good corporate culture lays the foundation for job satisfaction, low absenteeism, good relationships and low staff turnover. Addtech is, and should be, a company where work and private life can be balanced. Employee surveys are conducted regularly to ensure a favourable work environment. Group Management and managers attach great importance to the information from the employee survey and are working on making changes based on the results. Addtech strives to achieve a working environment that promotes health and wellness. Based on the most recent employee survey, the Group has identified areas for improvement and carried out initiatives where there was potential to improve working conditions or the work environment, both in the individual subsidiaries and at the Group level. Additional employee surveys and initiatives in this area will be carried out in 2016.
Suppliers are an important stakeholder group in Addtech's sustainability efforts. An analysis of suppliers' sustainability and relationship to Addtech's Code of Conduct has continued during the year and efforts to obtain more responses continue. No significant inadequacies have emerged among the suppliers to date. During the year more companies participated in the supplier evaluation and additional companies will be channelled into this evaluation during the financial year 2016/2017. The goal is that the dialogue with suppliers will strengthen their sustainability work and motivate them to integrate it into their business models so that we can add value together in the same direction.