Key sustainability priorities

We use a stakeholder-driven approach to identify the most important sustainability impacts and opportunities to help our business stand the test of time.

We engage directly and indirectly with stakeholders, to identify and prioritize the most important sustainability issues for our business. We consult with Atlas Copco employees in various functions and divisions, our top investors, civil society members, governmental representatives and unions to identify their expectations. This materiality analysis lays the foundation for the strategic priorities for sustainable, profitable growth.  We measure our progress towards these commitments by tracking key performance indicators.

To guide the mapping, we consider a number of external standards such as the GRI and the UN Sustainable Development Goals. We base our analysis on legislative trends, investor and NGO expectations, business intelligence, and risk mapping. We also benchmark with the leading industry peers.

The final materiality mapping is approved by the Executive Management team, and guides the strategy of the Group. To learn more about this process and our performance, read our Annual Report, which integrates reporting on our financial, environmental and social performance and the accompanying GRI compliance index.

Atlas Copco’s strategic priority Topics covered, as presented in our materiality mapping Relation to reporting guidelines and international frameworks
     

 

We innovate for sustainable productivity

 

 

Product eco-efficiency, lifecycle perspective, innovating for customer safety,

 

  • GRI G4 indicators: Products and services, Energy, 
  • Sustainable Development Goals: SDG 7 (affordable, reliable, sustainable and modern energy for all), SDG 9 (sustainable industrialization and innovation) 
  • UN Global Compact: UNGC principle 9

We live by the highest ethical standards

 

Business ethics, fighting bribery & corruption, supply chain assessments, human rights, transparency/accurate reporting ,taxes, risk and crisis management

 

  • GRI G4 indicators: Governance, Ethics and integrity, Human Rights Investment, Human rights assessments, Human Rights Grievance Mechanisms, Anti-corruption, Supplier Environmental Assessments,  Supplier Assessments Labor Practices, Supplier Human Rights Assessments, Child Labor, Forced or Compulsory Labor 
  • UN Global Compact: UNGC principle 10 (anti-corruption), UNGC principle 7 and 8 (Environment),
  • Sustainable development goals: SDG 16 (peace, justice and strong institutions)
  • Legislation and directives: REACH and RoHS directives, WEEE compliance 

 

We invest in safety and well-being

 

 

Safety, employee care, health

 

  • GRI G4 Indicator: Occupational health and safety
  • Management systems: OHSAS 18001

 

We build the most competent teams

 

 

Employee empowerment, equality

 

  • GRI G4 indicators: Training and education, Diversity and equal opportunity, Freedom of Association and Collective Bargaining, Non-discrimination, 
  • Sustainable Development Goals:  SDG 5 (Gender equality and women’s empowerment), SDG 8 (sustainable economic growth and decent work for all).

 

We use resources responsibly and efficiently

 

 

Climate change, emissions from transport, energy

 

  • GRI G4 Indicators: Energy, Emissions
  • Sustainable Development Goals: SDG 12 (responsible consumption and production), SDG 6 (clean water and sanitation)
  • UN Global Compact: UNGC principles 7 and 8 (environment)
  • Management systems: ISO 14001