Goals for sustainability programs

Sandvik's Group Executive Management set new or modified sustainability objectives and targets in November 2008.

Environment

The Group's objectives are:

  • More efficient use of energy and input materials.
  • Reduced emissions to air and water.
  • Increased recovery of materials and by-products.
  • Reduced environmental impact from the use of hazardous chemicals.
  • Increased number of products that support sustainability principles.

The Group's targets are:

  • Reduce the use of energy in relation to sales volume by 10% before year-end 2012 (base year: 2008).
  • Reduce consumption of fresh water in relation to sales volume by 10% before year-end 2012 (base year: 2008).
  • Commence reporting of wastewater discharged from sites before year-end 2009.
  • Replace all chlorinated solvents, such as dichloromethane, tetrachloroethene, tetrachloromethane, trichloroethane and trichloroethene, with other solvents or techniques before year-end 2010.
  • Reduce carbon dioxide emission from internal use of fossil fuels and electricity by 10% in relation to sales volume before year-end 2012 (base year: 2008).
  • Commence reporting of carbon dioxide emission arising from transportation before year-end 2009.
  • All major production, service and distribution units shall be certified in accordance with ISO14001 within two years of acquisition or establishment.

Health and safety

The Group's objectives are:

  • Further reduce the frequency of occupational injuries, illnesses and incidents.
  • Improve health and well-being among employees.

The Group's targets are:

  • Reduce the Lost Time Injury Frequency Rate by 50% before year-end 2012 (base year: 2008).
  • All sites will introduce a health and well-being program before year-end 2012.
  • All major production, service and distribution units shall be certified in accordance with OHSAS 18001 (or an equivalent standard) within two years of acquisition or establishment.

Employee conditions and development

The Group's objectives are:

  • Increase equality of opportunity at workplaces.

The Group's targets are:

  • All sites will introduce a program to improve the gender balance before year-end 2010.
  • All employees shall have formal annual performance review discussions.

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