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 2025

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 2025

Scope 1 and 2: Greenhouse gas emissions decreased by 12 percent (compared to the base year).
Scope 3: Greenhouse gas emissions increased by 6 percent per SEKm of value added (compared to the base year).

Climate Transition Plan (PDF)

Social

Undertaking

Storskogen is committed to promoting well-being within its own operations, through ensuring fair and safe working conditions.

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).

Outcome 2025

45 percent women and 55 percent men in senior roles.
28 percent women and 72 percent men on the boards.

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.
Supply chain management.

Targets

0 cases of corruption and bribery.
100 percent of employees in risk-exposed roles shall participate in business conduct and anti-corruption training.
All in-scope business units shall conduct risk assessments of suppliers.
All high-risk suppliers shall sign Supplier Code of Conduct or equivalent requirement in agreements.
All high-risk suppliers subject to contractual requirements shall be evaluated for compliance.

Outcome 2025

0 cases of corruption and bribery.
72 percent completed the training.
88 percent of in-scope business units conducted risk assessment of suppliers in full or in part (72 percent conducted risk assessment in full).
87 percent of high-risk suppliers have requirements included in agreements.
69 percent of high-risk suppliers subject to contractual requirements have been evaluated.

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.

Responsible supply chain management

Storskogen operates through a decentralised business model with diverse supply chains across industries and geographies. To manage sustainability‑related risks in the value chain, the Group applies a risk‑based and proportionate approach to supplier engagement, governance and follow‑up.

ESG documents

Annual and Sustainability Report 2025

Climate Report 2024

TCFD Report 2024

ESG Questionnaire

Supply Chain Management

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