AWARE ACTIVE

SUSTAINABILITY REPORT

THIS REPORT DESCRIBES OUR

WORK ON SUSTAINABILITY AND

EXPLAINS HOW WE MANAGE

OUR SHARED RESOURCES

 AB 2022 TROAX GROUP - SUSTAINABILITY REPORT

WE MAKE YOUR WORLD SAFE WE PROTECT PEOPLE, PROPERTY AND PROCESSES.

TROAX - THE ORIGINAL

OUR PRODUCTS ARE BASED ON HARD WORK, GOOD IDEAS AND VALUES SOFTER THAN STEEL.

WE HAVE BEEN WORKING ON MAKING YOUR WORLD SAFER SINCE 1955.

TROAX GROUP AB - SUSTAINABILITY REPORT 2022

AWARENESS

HONESTY

AWARENESS AND HONESTY ARE ROOTED IN

BEING PRESENT AND MINDFUL. THE GREATEST

CHALLENGE OF OUR TIME ALSO REQUIRES A GREAT

DEAL OF HUMILITY. IT HELPS US TO UNDERSTAND

OUR IMPACT ON THE WORLD AND PEOPLE

AROUND US. AFTER ALL, OUR PURPOSE IS TO

KEEP YOU SAFE - ONE WAY OR ANOTHER.

THE PURSUIT OF THE PERFECT BALANCE

Awareness and honesty are the pillars of our sustainability work. These character traits support our business every day and in the long run. If we weren't aware of how we affect the planet and the people living on it, it would be impossible for us to make a positive difference. By taking responsibility for our actions and reducing our climate impact, we can contribute to a brighter future. Most of our products are made of steel, which in turn results in unavoidable carbon dioxide emissions. Steel has many benefits and is present everywhere in society, and for that, we're grateful. The key is to find the perfect balance between safety and sustainability. It unlocks a door to even better products. This doesn't happen overnight. It's a never-ending journey, but every small step in the right direction eventually become great leaps towards a safer tomorrow. We don't work with safety for the sake of the environment, we do it for our customers, without compromising the planet. That's also why many people follow in our footprints.

TABLE OF CONTENTS

1  SUSTAINABILITY WITHIN TROAX

1.1  INTRODUCTION

1.2  TROAX'S BUSINESS MODEL AND STRATEGY

1.3  TROAX'S SUSTAINABILITY MANAGEMENT

1.4  SECTORAL AND COMMUNITY ENGAGEMENT

2  RATIONALE FOR TROAX'S SUSTAINABILITY GOALS

2.1  STAKEHOLDER SURVEY

2.2  UN GLOBAL SUSTAINABLE DEVELOPMENT GOALS (SDGS)

2.3  RISKS AND RISK MANAGEMENT IN THE VALUE CHAIN

3  TROAX'S FOCUS AREAS FOR SUSTAINABILITY EFFORTS

3.1  ENVIRONMENTAL SUSTAINABILITY - REDUCED ENVIRONMENTAL IMPACT

3.1.1  Troax's environmental work 3.1.2  Use of raw materials (steel)

3.1.3  An environmentally friendly production process

3.1.4  Environmental aspects in our product development process 3.1.5  Environmental aspects in our logistics process

3.1.6  Troax's 2022 climate calculations

3.1.7  Environmental aspects in our sales process 3.1.8  2022 Taxonomy reporting

3.2  SOCIAL SUSTAINABILITY - GOOD WORKING CONDITIONS

3.2.1  Occupational health, safety and well-being 3.2.2  Universal human rights

3.2.3  Diversity and equal opportunities

3.2.4  Good professional development opportunities

3.3  ECONOMIC SUSTAINABILITY - A HIGH STANDARD OF BUSINESS ETHICS 3.4  SUSTAINABILITY IN THE SUPPLIER AND DISTRIBUTOR CHAIN

4  OUTCOMES AND GOALS REGARDING TROAX'S SUSTAINABILITY INITIATIVES

5  TAXONOMY TABLES

1.1  INTRODUCTION

THE GREATEST INSIGHT ONE CAN GAIN REGARDING A FUNCTIONING SUSTAINABILITY EFFORT IS

TO REALISE THAT THE ROAD HAS NO END. SUSTAINABILITY ALSO REQUIRES COURAGE, OPENNESS AND HUMILITY IN THE FACE OF THE GREATEST CHALLENGE OF OUR TIME. OUR JOB IS TO KEEP YOU SAFE, WITHOUT COMPROMISING THE SAFETY OF OUR SURROUNDINGS AND THE WORLD AROUND US.

2022

07

SUSTAINABILIT Y REPORT TROA

1 SUSTAINABILITY WITHIN TROAX

SAFETY MEETS SUSTAINABILITY

Troax has a duty to keep your world safe. You can rest assured that we are always trying to make life safe, fair and more sustainable for everyone who comes into contact with our products or who is affected by our business. At Troax, we stand behind what we do and are always acquiring new knowledge in line with the times. We are also honest about our progress and how and where we can improve. Our aim for our sustainability efforts is that our products should protect people in factories and other vulnerable environments. In other words, our products are designed to save lives. As a result, Troax does not work towards improving safety primarily for the sake of the environment. We do so for the sake of our customers, without compromising either the environment, working conditions or ethics when it concerns ourselves or our suppliers. The key is to find a balance between safety and sustainability. Our mesh panels must be able to save lives without detriment to the lives of people, animals and nature.

PROMISES KEPT

A steel product, regardless of its field of application, will never be completely environmentally friendly or sustainable. However, there are several environmental and sustainability benefits that come with Troax's products. We make it easy for our customers to make better decisions. Above all, we help our customers understand what they are buying and what it entails. That is one of the many reasons why

Troax is a world leader in mesh panels that protect people, property and processes.

We do not currently see any competitor in the world market that can offer a product that consumes less steel per mesh panel and offers the same level of safety as we do. We know this for certain, as our tests show that Troax's products weigh less than those of any competitor and can withstand the greatest strain.

Our goal is for Troax to create better and safer workplaces through its products and thereby reduce the risk of serious workplace accidents. Our main aim is to ensure that this takes place with as little negative impact on the environment as possible, both from ourselves, but also from our partners in the value chain. We also aim to ensure that our and our partners' operations are conducted under good working conditions and with a high standard of business ethics.

Troax has summarised its sustainability work in a Sustainability Report since 2017 and will also prepare an annual Sustainability Report in the future. This document constitutes the statutory sustainability report of the Troax Group AB

for 2022, in accordance with the Swedish Annual Accounts Act. The sustainability report covers all of Troax Group AB's subsidiaries, except Section 3.1 Environmental Sustainability, which primarily covers the Group's production companies.

X GROUP

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Troax Group AB published this content on 31 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2023 13:23:01 UTC.