Sustainability governance and contact
Sustainability governance
The Board of Directors has the overarching responsibility for overseeing Atlas Copco Group’s strategic direction, including the Group’s financial and non-financial strategies and targets to ensure a sustainable, profitable growth.
The Board approves Atlas Copco Group’s sustainability focus areas, and the related targets. The Group’s performance in relation to the targets is reported quarterly to the Board by the CEO. The Board is the owner of the Group’s Code of Conduct which regulates how employees, and the Board itself, should act towards each other and in relation to other stakeholders. The Board is also, together with Group Management, responsible for the preparation, reviewal and approval of the sustainability report, including the material topics.
Each member of Group Management is responsible for the implementation and follow-up of strategies and targets although the CEO has the ultimate responsibility. Progress in relation to the targets is part of the variable compensation for members of Group Management as well as for other employees.
The Vice President Sustainability is responsible for coordinating the Group’s sustainability work and reports to the SVP Chief Communications Officer, who is a member of Group Management. Implementation is handled mainly by the divisions, which are separate operational units, responsible for delivering results in line with the business area’s strategies and targets.
The business areas and divisions set quantified targets for delivering on the Group targets. The divisional presidents and general managers are responsible for ensuring that targets are set as a part of the three-year plan, and that progress is followed-up and reported to the Group. Safety, Health, Environment and Quality (SHEQ) managers support the sustainability work in the operational entities, divisions and business areas.
At the corporate level, a sustainability team and controller provide coordination and support to the entire organization, working closely with a SHEQ representative from each business area. The Group’s SHEQ council is chaired by a division president and consists of the business area SHEQ managers, the Vice President Sustainability, and representatives for HR, Holding and controlling. The SHEQ council comes together quarterly to discuss actions, policies and guidelines to support the organization in reaching set ambitions.
Sustainability contact information
If you have further questions about Atlas Copco’s work with sustainability, you are welcome to contact us.