The Stena Metall Group seeks to be exemplary in responsible material handling. Through its Code of Conduct, it seeks to actively contribute to sustainable value chains. Its open dialogue with local communities and other stakeholders seeks to make a positive contribution to society.
In order to achieve a circular economy, all the operators in a value chain must integrate environmental and societal issues into their business strategies. Innovations and technological developments are made easier in markets that are free of constraints such as corruption and lack of regulatory compliance.
In 2012, the Stena Metall Group adopted a code of conduct. This was revised in January 2017, with amendments concerning economic sanctions, diversity and human rights. The code of conduct is based on the principles of the UN’s Global Compact regarding labor legislation, environment issues, human rights and anti-corruption and is communicated with employees and business partners in order to ensure consensus on key areas.
During the financial year, focused anti-corruption work was carried out, including training for managers in many parts of the Group. A number of companies, Stena Technoworld and Stena Recycling in Sweden and Poland among them, have conducted their own training programs. In 2017/2018, anti-corruption work will be expanded to include further training and tools for risk mapping that are coordinated with the internal governance function.
The Group receives input for its strategic sustainability work from regular dialogue with customers, employees, creditors, politicians and those who live and work close to its facilities. Stakeholder dialogue aids development work by contributing to new business ideas. It also gives customers and other partners the opportunity to benefit from the Group’s research and expertise. Stena Recycling’s customer seminars are a valued form of dialogue that deal with topics such as lean-inspired resource management and the handling of hazardous waste. It also has regular meetings with representatives from local authorities and communities. Stena Aluminium’s Good Neighbor initiative in Älmhult is one such example.
As legislation is continuously being developed, it is important that theory goes hand-in-hand with working practice and established business models. Legislation should support the development of well-functioning markets. The Stena Metall Group offers its knowledge of how economic measures and legislation affect circular flows and resource efficiency.
The Group’s participation in forums and expert groups, such as the European Innovation Partnership, allows experience to be exchanged. Equally important is the continuous dialogue with decision-makers at both EU and national level. During the financial year, several ministers and other politicians visited the Group’s facilities in order to discuss recycling and resource management.
The Group and its companies are committed to supporting sustainable development in society as a whole. With operations in around 200 locations, the companies seek to be a positive force in local communities.
The Group aims to promote increased integration and is a member of the Öppet Hus mentoring association that helps young adults - particularly those who have recently arrived in Sweden – to gain a foothold in the labor market. Through the Jobbsprånget initiative, the Group supports new graduates. Representatives of Stena Metall also regularly teach and give lectures at schools, colleges and universities. Students are also welcome to visit Stena facilities for research purposes. These activities enrich the Group and its employees, while giving individuals the opportunity to make positive changes.
For several years, Stena Technoworld has hired Samhall employees. Samhall offers jobs to people who struggle to enter the labor market and have been designated Europe’s most sustainable company in the European Business Awards. During the financial year, the Group signed an agreement with Samhall regarding cleaning services.
The Group has been awarded an EU contract for maritime safety work. In order to fulfill this, Stena Oil has a ship that can be quickly converted to deal with oil spills in the Baltic Sea.
For three years, the Stena Circular Economy Award has rewarded Swedish high school students who show particular interest in sustainability issues. In 2017/2018, Stena Recycling in Poland will launch a scholarship focusing on research into circular economics.
At the end of 2016/2017, Stena Recycling formed a collaboration with The Perfect World Foundation, an organization that works towards a more sustainable world. In 2017, it is focusing on the large amounts of plastic in the world’s oceans and the company is offering its expert knowledge towards discovering solutions. In Sweden, Stena Recycling continues its commitment to the Haga Initiative, which seeks to reduce industrial emissions and demonstrate the benefits of climate strategies to businesses.