Gearing up for 2030
For Sandvik Mining and Rock Technology, a sustainable business strategy means focusing on a full life-cycle approach that will deliver value in its operations, offerings and across its supply chain through four goals for the year 2030: safety, reducing greenhouse gases, circularity and compliance.
We will lead the shift in our industry and build a successful long-term business that advances the world through engineering. Our aim is to be the innovative business partner for our customers by making sustainability part of every aspect of business, delivering value for everyone. Our full life-cycle approach means we work relentlessly in our operations, across our supply chain and through our customer offerings to drive more sustainable, resilient business.
We build circularity – More than 90% circular
Material and resource efficiency improvement will be part of all development projects.
We will develop recycling/circularity business models for our customers.
All of our products and packaging material shall have at least 90% material circularity.
We will cut our waste in half for our production processes.
We will require 90% circularity for key suppliers.
We shift climate – Halve the CO2 impact
CO2 improvement will be part of all product development projects.
Value propositions to our customers shall always include verified CO2 reduction potential.
We will cut our CO2 footprint from our own production and the transportation of people and products in half.
We will require our key suppliers to cut their CO2 footprint in half
We champion people – Zero harm to people
We will ensure health and safety risk analyses and improvements are part of all product development projects.
We will cut the Total Recorded Injury Frequency Rate and occupational illnesses in half.
All Sandvik employees to be offered health and well-being programmes.
We will require our key suppliers’ health and safety improvements plan to meet Sandvik standards.
We play fair – Always do the right thing
We will have increased transparency on sustainability targets and results.
Our Know Your Customer process will lead to sustainable choices.
Our proactive and agile compliance system will be fully embedded within business operations.
We will create a diverse and inclusive workforce, with at least one-third female managers.
All suppliers must be compliant with Sandvik Supplier Code of Conduct.