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strategy to drive positive
change and reduce risk
An important part of Ericsson’s
ambition is to be a responsible and
relevant driver of positive societal
change.
Ericsson’s ambition
Grow faster than the market with best-in-class margins
Our commitment to sustainability and CR
is essential to achieving this ambition, and
to create value for our employees, customers,
shareholders and society.
As a leader in the ICT industry, our aim
is to provide significant and measurable
contributions to a sustainable Networked
Society.
The Networked Society
The Networked Society goes beyond more
than 50 billion connected devices. It is the
result of people starting to use those connections
to make their lives, businesses
and society better and more efficient. We
facilitate this development through our
ideas and solutions, our products and
services, and our partnerships.
In our vision of a Networked Society,
every person and every industry is
empowered to reach their full potential. We
believe a better, more sustainable world
will take shape when 21st century infrastructure
is used to deliver services more
effectively and promote social inclusion.
Integrated across the business
Sustainability and CR is integrated in
Ericsson’s business strategy, target-
Customer
Leading ICT
transformation partner
Employees
Attract, develop and
retain best talent
setting and risk management process
which involves Regions, Business Units
and Group Functions.
Governance
Sustainability and CR policies are part of
our governance system and applied globally
across the business. These include
the Sustainability Policy, Code of Conduct,
Code of Business Ethics and Occupational
Health and Safety Policy. The Code of Business
Ethics is periodically acknowledged
by all employees.
The Ericsson Sustainability and CR
Steering Group is comprised of senior
executives who approve the strategy and
Shareholder
Shareholder
value creator
Society
Responsible and
relevant driver of
positive change
targets that support our commitments. For
more information on governance, see p.11.
Measuring progress
To track our performance, we report on a
range of objectives, risks, and achievements
associated with our most material
issues and aim for continuous improvements
over time.
Focused strategy
Our Sustainability and CR strategy
(see below) remains constant, focused
on reducing risks and increasing positive
impacts in society.
Our sustainability and CR strategy
Our Sustainability and CR strategy is focused on driving positive change in three main areas: Responsible Business Practice, Energy, Environment
and Climate Change, and Communication for All. Each area includes specific goals upon which we measure progress year on year.
Undisputed leader in
energy and environment
Trusted partner by conducting
business responsibly
Improve performance
of our own operations
Technology for Good
Impact and Scale
Demonstrate ICT and
low-carbon benefits
Responsible Business Practice
Energy, Environment
and Climate Change
Communication for All
6 Ericsson | Sustainability and Corporate Responsibility Report 2014