Storskogen supports business units’ sustainability initiatives

Various sustainability issues are important to all Storskogen’s business units. The most material topics differ between business units depending on sector and geographical location. Storskogen supports the business units in their efforts to reach Group-wide sustainability targets, manage risks and pursue opportunities for increased competitiveness. These efforts are central to Storskogen’s value creation and involve ongoing support, training, shared tools, networking and several other initiatives.

Annual and Sustainability Report 2024

Three focus areas

Storskogen’s efforts for a sustainable development are built on the sustainability areas Environmental, Social and Governance (ESG).

Environmental

In March 2025, Storskogen’s climate targets were approved in accordance with the Science Based Targets initiative.

Undertaking

We undertake to minimise our environmental impact and contribute to preserving the planet’s resources through the following actions:

Reducing greenhouse gas emissions.
Promoting a circular economy.

Short-term climate targets

Scope 1 and 2: Reduce absolute greenhouse gas emissions by 59 percent by 2034 from the base year 2023. Storskogen also has an internal milestone target of decreasing absolute greenhouse gas emissions by 42 percent by 2030.
Scope 3: Reduce greenhouse gas emissions by 64 percent per SEKm of value added by 2034 from the base year 2023.

Long-term climate targets

Scope 1 and 2: Reduce absolute greenhouse gas emissions by 90 percent by 2050 from the base year 2023.
Scope 3: Reduce greenhouse gas emissions by 97 percent per SEKm of value added by 2050 from the base year 2023.

Outcome 2024

Scope 1 and 2: Greenhouse gas emissions increased by 9 percent.
Scope 3: Greenhouse gas emissions increased by 9 percent per SEKm of value added.

Climate Transition Plan (PDF)

Social

Undertaking

Storskogen is committed to promoting social justice, safety and well-being, both internally and outside of its own operations, through the following actions:

Fair and safe working conditions.
Respect for human rights.

Targets

Gender distribution in the range of 40–60 percent among employees in senior roles in Storskogen’s central organisation.
Gender distribution in the range of 40–60 percent among the people appointed by Storskogen to business units’ boards (on an aggregated level).
100 percent of purchasers shall undergo relevant training.
All business units shall make risk assessments of their suppliers.
High-risk suppliers shall sign the Supplier Code of Conduct and be evaluated.

Outcome 2024

41 percent women and 59 percent men in senior roles.
27 percent women and 73 percent men on the boards.
81 percent of purchasers completed relevant training.
73 percent of the business units carried out the surveying, of which 35 percent identified potential high-risk suppliers.
87 percent of these included requirements in agreements.

Governance

Undertaking

We commit to maintaining high business ethics and governance standards through the following
actions:

Zero tolerance for corruption.
Business conduct and anti-corruption training.

Targets

0 cases of corruption and bribery.
100 percent of employees in risk-exposed roles shall participate in business conduct and anti-corruption training.

Outcome 2024

0 cases of corruption and bribery.
72 percent completed the training.

Storskogen's commitment to human rights issues

Storskogen shall respect and protect fundamental human rights. This means that as a minimum, Storskogen shall comply with the UN Global Compact and the Universal Declaration of Human Rights and assess human rights issues to identify, counteract and mitigate any negative impact in Storskogen’s organisation and value chain.

ESG library

ESG documents

Annual and Sustainability Report 2024

Climate Report 2023

TCFD Report 2024

ESG Questionnaire

Guidelines and policies

Sustainability is a prerequisite for our business units to remain relevant – today and in the future. As a long-term owner, we support them in this strategically important work.

Amelie Nordin, Head of Sustainability

Whistleblowing service

Storskogen strives to maintain a transparent business climate and high business ethics. We value the safety and respect of everyone affected by our business. Our whistleblowing service allows you to anonymously sound the alarm if you suspect something that is not in line with our values and ethical principles or that may seriously affect our organisation or the life or health of an individual person. To ensure an anonymous means of communication, our whistleblowing service is administrated by an external service provider, WhistleB. All messages are encrypted.

Whistleblowing service