Sustainability

• In the Environmental area, there is a climate target to reduce the Group’s carbon emissions, a target to increase the proportion of renewable/fossil-free electricity, and a circularity target to increase the proportion of recycled or bio-based raw materials. 
  
  
• In the Social area, there is a target within health and safety focused on reducing work-related accidents. There is also a target within local development that includes projects where the Group supports local communities, a supplier target that requires suppliers to conduct a self-assessment in accordance with Trelleborg's Code of Conduct, and a diversity target that illustrates Trelleborg's strive for a balanced gender distribution.
  
  
• In the Governance area, there are targets for zero tolerance toward violations of business conduct regulations, anti-bribery and corruption legislation, and training targets for employees to meet in this area.  
  ​

In addition to the externally communicated sustainability targets, Trelleborg has several internal intermediate targets and activities in each area that support efforts to achieve the overall targets. In Trelleborg’s annual Sustainability Reports, Trelleborg’s work with each material matter is described in relation to policies, measures, targets and the year’s outcome.  

Read more about Trelleborg’s sustainability targets and outcomes on pages 8–9 of the 2024 annual report.

Significant reductions in water usage are continuously made and are included as one of the general environmental key performance indicators reported for all facilities where water is primarily used for cooling and washing in the manufacturing processes. Reduced usage is most critical at production sites where water scarcity exists or is expected, such as in China, the USA, and Malta.

 

The primary data source for assessing Trelleborg's impact on water resources in areas with high water stress levels is risk assessments made with the WWF Water Risk Filter tool. In the 2024 analysis, the area of limited water resources was not deemed material.

 

Read more about the group's water usage on pages 118 and 127 in the 2024 annual report.

Trelleborg follows local regulations to protect and preserve biodiversity during the establishment, expansion, and manufacturing of its operations. The Group will continue to map the specific situation of each facility and initiate discussions and local initiatives for biodiversity in the surrounding area by, for example, creating outdoor environments that attract pollinators.

The primary data source for assessing Trelleborg's negative impacts on biodiversity is risk assessments made with the WWF Biodiversity Risk Filter tool. In the 2024 materiality analysis, the area of biodiversity was not deemed material.

Read more about the Group's work on biodiversity on pages 118, 127, 131, and 154 in the 2024 annual report.

 

The health and safety of the company’s own workforce and insourced staff have always been a priority for Trelleborg. The safety work is primarily conducted through the long-standing programs Manufacturing Excellence and Safety@Work, which strive to prevent and minimize risks of injuries and accidents.

 

The target is to continuously reduce work-related injuries that lead to more than one day's absence – Lost Work Cases (LWC). Each year, a global Safety Day is also held with various activities around the world to highlight the importance of safety.

 

In addition, Trelleborg works on preventive measures for mental and physical health.

 

Read more about how Trelleborg works with safety on pages 11, 24, and 146–147 in the 2024 annual report.

Trelleborg's current processes have been developed in collaboration with Save the Children regarding child labor and Transparency International regarding guidelines for, among other things, anti-corruption.

 

A well-developed whistleblower function and policy allow every employee and external stakeholder to anonymously and without repercussions report suspected legal or regulatory violations and serious breaches of the Code of Conduct in their own language.

 

An example of an action is in-depth analyses of individual suppliers based on purchase value, geographical location, and industry/product category. With the help of an external system, the analyses will be conducted and evaluated by the procurement organization. The next step will be to define further actions such as dialogue with suppliers, support with action plans, possible visits, and, as a last resort, termination of the relationship.

Read more about Trelleborg's work on human rights on pages 121 and 152 in the 2024 annual report.

The Code of Conduct reflects our support and operation in accordance with the ten principles of the UN Global Compact, the general views expressed in the International Labour Organization (ILO) conventions, the OECD guidelines for multinational enterprises, and the UN Declaration of Human Rights.

 

 A review with self-assessment must be conducted for at least 90 percent of the reported relevant purchase value, including new and established supplier relationships.

 

 Access Trelleborg's Code of Conduct here.

 

The ambition is for all significant production units to implement and maintain a certified environmental management system in accordance with ISO 14001, as described in the Group's Environmental Policy. In addition to ISO 14001, several units within the Trelleborg Group also work with OHSAS 18001, ISO 13485, ISO 45001, and ISO 50001.

 

Read more on pages 131 and 165 in the 2024 annual report.

Trelleborg has also conducted a double materiality analysis, which forms part of the overall risk assessment.

 

Read more about risk assessment within Trelleborg on pages 40, 50–51 in the 2024 annual report.