Annual Report 2023 (PDF)
GRI index 2023 (PDF)

CEO Peter Nilsson (from Annual Report 2023):

"Sustainability is an ongoing and natural focus area for us, and we strive to work with it because it gives us a clear advantage. I speak about Trelleborg’s strengthened sustainability profile with pride when I present our future and how we are planning to

increase our profitability with a less cyclical business."

Peter Nilsson Trelleborg CEO

Environment 2023

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Climate

Focus and target: Trelleborg presented new climate targets in 2023 for the period extending to 2030, following dialog with the Science Based Targets initiative. These targets also address Scope 3 emissions across the value chain.


Outcome 2023: Both in total and relative to sales, CO2 emissions from continuing operations fell in 2023, which is primarily attributable to the ongoing transition to renewable/fossil-free electricity. Trelleborg’s systematic measures for energy efficiency also contributed to the results, which at the end of the three-year period (2021–2023) yielded a decrease of 60 percent in CO2 emissions in relation to sales compared with the base value of 6.6 metric tons/SEK M from 2020.

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Renewable/fossil-free electricity 

Focus and target: The proportion of renewable/fossil-free energy is to gradually increase, both for direct and indirect energy, in line with the Group’s climate target. For renewable/fossil-free electricity, the target is to achieve 80 percent by 2025.

Outcome 2023: 36.0 percent (24.7) of total energy consumption from continuing operations is from renewable/fossil-free sources, a 45-percent increase mainly due to purchased renewable electricity and self-generated electricity at facilities.

Social 2023

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Health and safety

Focus and target: The target for fatalities is 0. For machinery defined as high-risk equipment, a long-term project is under way to replace or minimize risks in existing equipment.

The number of accidents is to steadily decrease. For the full year 2023, the target

was to achieve an LWC of <1.0 in the production units and to also start to present

performance measures for non-manufacturing units.

 

Outcome: 2023 showed a 26-percent decrease in the LWC rate since last year, a

continued improvement in the context of Safety@Work.

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Diversity

Focus and target: To clarify the Group’s ambition, a target was set during 2023 to have at least 30 percent female managers at management levels 1–5 in the Group by the end of 2030.


Outcome: The percentage of women at manager levels 1–5 of the organization for continuing operations was 21 percent at the end of 2023. This year’s report covers a broader group of managers than in previous years, and thus there is no comparison with 2022.

 

Local development

Focus and target:

Trelleborg supports local communities through various community activities. All workplaces with more than 50 employees must have a plan for their social engagement.


Outcome 2023: In 2023, 100 percent (100) of Trelleborg’s workplaces globally with more than 50 employees engaged in community activities with ongoing involvement. Special  programs promoting the development of children and young people comprise a central focus for the local commitment. In connection with sports sponsorship – another focus area  youth and community development activities are prioritized. A third focus area is voluntary employee initiatives in social or environmental projects. In addition to units with  more than 50 employees, activities aligned with Trelleborg’s focus on social engagement are conducted at the majority of the Group’s smaller units.

Suppliers

Focus and target:

The goal is to only work with suppliers who adhere to applicable sections of Trelleborg’s Code of Conduct. Reviews, including self-assessments, are to be completed with at least

90 percent of the reported relevant purchasing spend, including both new and established supplier relations. Site visits with an audit of “at-risk suppliers” (selection based on

geographic and material risk assessment) have previously been supplemented the self-assessments. In previous years, site visits have focused on textile suppliers, chemicals suppliers and natural rubber suppliers. Audit activities were minimal in 2020–2023, partly due to the pandemic and partly as there were very few new suppliers in these areas.


Outcome 2023:

For continuing operations, supplier reviews were carried out corresponding to 86.0 percent (86.2) of the reported relevant purchasing spend in the production units. No supplier relationships (0) were terminated in 2023 for reasons related to the Code of Conduct. 

For the Group, supplier reviews were carried out corresponding to 86.8 percent (88.8) of the reported relevant purchasing spend in the production units. No supplier relationships (1) were terminated in 2023 for reasons related to the Code of Conduct.

 

Governance 2023

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Anti-corruption and competition law 

Focus and target: Local governance in accordance with the Code of Conduct and local legislation. All  significant cases in terms of fines and sanctions are reported to Group Legal and are included in reporting. The Compliance Task Force is a central forum for all compliance issues


Outcome 2023:

For continuing operations, no material breaches of laws and permits were reported during the year (1). For the Group, the number was 0 (1).

 

Whistleblower cases

Target: Trelleborg’s Whistleblower Policy  implies that every employee is
entitled to report suspicions of legal or regulatory violations without any repercussions.

 

Outcome: For continuing operations in 2023, a total of 26 matters (31) were
reported via the whistleblower system and other channels, concerning
alleged harassment, safety deficiencies, injustices, or conflicts
of interest. Relevant action was taken where necessary.
For the Group in 2023, a total of 27 matters (31) were reported via
the whistleblower system and other channels, concerning alleged
harassment, safety deficiencies, injustices, or conflicts of interest.

Environment

 2023  2022  2021  2020  2019 
 Total CO2 emissions, metric tons  160,520  317,000 349,200  358,400  429,400 
 CO2 emissions, metric tons per SEK M  4.1  7.1  9.8  10.9 11.7
 Proportion of renewable energy, %  26.9  15.2 11.1  10.3  3.6 
 Waste, metric tons  35,017  48,427 50,329  46,300  54,600 
 Waste, metric tons per SEK M  0.9  1.1 1.4  1.4  1.5 
 VOC emissions, metric tons  281 612  724  659 564 
 VOC emissions, metric tons per SEK M  0.007 0.014  0.020  0.015  0.019 
 Water use, m3  935,689 2,272,760  2,437,261  2,188,522  2,305,325 
 Water use, m3 per SEK M  23.8 50.9 68.4  66.7  63.0 

Social
 2023
 2022
2021 
2020 
2019
Child and Forced Labor
Number of reported cases
  0 0  0  0  0 
 Lost Work Cases               133 192 239  231  361 

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Download the Annual Report 2023

During 2023, Trelleborg’s net sales increased 14 percent compared with the preceding year as a result of the new platform for higher growth, completed acquisitions and a positive impact from exchange rates. The Group’s sales, operating cash flow and earnings, excluding items affecting comparability, were the best to date for Trelleborg.

trelleborg-annual-report-2023
Annual Report 2023 (PDF)
Johan-Wijk

Johan Wijk

Vice President Group Excellence ＆ Sustainability
Tel: +46 731 531 395
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Patrik Romberg Trelleborg's SVP Group Communications and Human Resources

Patrik Romberg

Senior Vice President Group Communications & Human Resources
Tel: +46 410 670 94
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