PDF Document 4.74 MB - Investment AB Latour

ENVIRONMENTAL AND BUSINESS BENEFITSACTIVE ENVIRONMENTAL CHOICES– a strategic matter for businessCaring about the environmentis part of Latour’s companyculture. This is expressed in theway we think and act, in ourdaily operations, when we setup strategies and when weconsider investments andacquisitions.Latour and its subsidiaries have afar reaching focus on environmentalissues, be it product development,choice of partners or selection ofinput goods in production.Strategic mindsetLatour strives to identify solutions thatsatisfy all four driving forces describedin the column to the right of thisspread.When managing holdings Latourendeavors to make environmental issuescentral to product development. Thismeans environmental measures areembedded in our business and the rightenvironmental choice is intended to leadto greater sales and profitability.SEK 37.3 billionEnergy savings via Swegon’s productssince 1994.Our ambition is to create productsthat lead to lower environmental impactand better finances for our customersthroughout the entire life cycle of aproduct.Board level responsibility andmanagementThere is an inherent expectation ofcontinuous progress in the Group. Allboards in the wholly owned industrialoperations regularly report theirprogress in sustainable developmentaccording to the four driving forces inthe column to the right of this spread.In addition, the subsidiaries are ISOcertified and by other industry-specificsystems with high demands, like thosein the automotive industry.Billions of savingsProduct development in the whollyowned subsidiary Swegon is anexample of how Latour’s philosophyhas been put into practice. Swegonis a leader in the ventilation industrySwegon’s efficient ventilation solutions have contributed to energy savings equivalentto 12.2 million mid-sized homes’ annual consumption of household electricity since 1994,according to the company’s calculations.10 LATOUR ANNUAL REPORT 2012