June 21, 2021, 13:00
Sdiptech launches long-term sustainability goals
The business model of Sdiptech AB (publ) for several years has been to acquire and develop leading niche companies with products and services that contribute to more sustainable, efficient and secure societies. The company is now take one more step, launch four long-term sustainability goals.
Sdiptech’s business philosophy is that companies with sustainable business models and low sustainability risks have better conditions for profitability and long-term growth, which is clarified in the company manual for the responsible investment. To ensure Sdiptech’s role as responsible acquirer and owner, three approaches are used: exclusion (opt-out), inclusion (opt-in) and influence (development of existing businesses). Sdiptech’s sustainability goals have been developed using the same methodology, with the company’s materiality analysis as the basis.
Sdiptech’s long-term sustainability goals:
All companies acquired by Sdiptech must contribute to one or more of the UN Global Goals for Sustainable Development
Sdiptech must reduce its carbon dioxide intensity (CO2e / turnover) of its own operations by 50% in five years (between 2021 and 2026)
By 2030, Sdiptech must be equal between the sexes (men and women represented in a range of 40 to 60%) in management positions
All companies in the Sdiptech group must have incentives linked to objectives linked to sustainable development.
âOur greatest opportunity to contribute to increased social and climate sustainability is externally on the income side through the products and services of our business units, contributing to increased sustainability, efficiency and security in our societies. It is the heart of our business and something that we consolidate into our sustainability goals. Going forward, we will work just as much on internal issues by expanding and helping our existing businesses to make even more sustainable long-term decisions, which is also set out in our goals. We have recently taken many important sustainability steps, but now we are working to further strengthen our position, âsays Jakob Holm, President and CEO of Sdiptech.
Sdiptech uses measurable key figures, evaluated and monitored annually. The collection of measurable data will be communicated on an ongoing basis, including in Sdiptech’s sustainability report.
âThe four objectives follow a clear structure that fits both in the process of acquiring new businesses and in the development work of existing businesses. The fact that we tie incentives to sustainability goals, both for individual business units and for the group as a whole, has an important signal value that fits well into our decentralized model, âsays My Lundberg, Sustainable Development & IR Manager at Sdiptech.
For more information, please contact:
Jakob Holm, VD, +46 761 61 21 91, [email protected]
Bengt LejdstrÃ¶m, CFO, +46 702 74 22 00, [email protected]
My Lundberg, Sustainable Development & IR Manager, +46 703 61 18 10, [email protected]
The information has been sent for publication, through the contact person indicated above, on 21 June 2021, at 13:00 THIS IS.
Sdiptech Series B ordinary shares trade on Nasdaq Stockholm under the short name SDIP B with ISIN code SE0003756758.
The preferred shares of Sdiptech are traded under the short name SDIP PREF with the ISIN code SE0006758348.
Further information is available on the company’s website: www.sdiptech.com
Sdiptech is a technology group that acquires and develops market-leading niche operations that help create more sustainable, efficient and secure societies. Sdiptech has a turnover of around SEK 2,000 million and is based in Stockholm.