Review of 2012 – EUR - Skanska

Skanska’s role in the communitySkanska develops and builds homes, workplaces, schools, hospitals, highways — environmentsfor people, built by people. This obligates to think long-term and responsibly, for sustainability,while remaining open to the views of everyone impacted by the operations.Skanska endeavors to act responsibly in the communitieswhere it has operations and to consequently strengthenrelationships in home markets and create a sense ofpride among both internal and external stakeholders.Being a responsible and appreciated member of thecommunity encompasses both the manner in which toexecute projects and the manner in which to contributeto the community in general. In the home markets,Skanska contributes with the expertise by increasingknowledge about safety, the environment and technology.Skanska also supports other local community initiativesthat are in line with the local operations and the Codeof Conduct.Policy for Skanska’s role in the communitySkanska’s Corporate Community Involvement (CCI)policy is part of the Company’s social action plan withinSkanska’s Sustainability Agenda. The policy will createthe framework for uniform and consistent actionsthroughout the entire company, with a focus on ourhome markets.Skanska’s community initiatives are primarily directedtoward education in three areas by sharing know-howand experience, that can promote positive socialdevelopment.Safety – contribute knowledge in the area of safety, andsupport safe workplace initiatives.Green know-how – support local green educationinitiatives connected with the built environment.Technical know-how – actively spread technical knowledgeto enable smart solutions for the community.Skanska can also participate in other types of communityactivities requested by local community groups,provided that education have first been offered butdeclined.Skanska’s community involvement should not beconfused with sponsorship, which is a marketing activityconnected to business operations and regulated by aseparate sponsorship policy.CCI entails active involvement, by the Company andits employees. Participation must be based on Skanska’score competence and be in line with the Code of Conduct.Particular emphasis is placed on potential partners alsomaintaining high ethical standards.The community activities are coordinated by localbusiness units in the home markets and supported bya Group-wide network for exchanging experience.Operations impact social developmentCustomers and usersSkanska’s earnings are achieved throughwell-executed projects that are profitablefor the Company, as well as for customersand users. Skanska continuously buildsup knowledge of its customers by maintaininga presence in selected markets.ShareholdersA financially strong and sound companyis the foundation for capital marketconfidence in Skanska. Through financialsynergies, good control systems andrisk management procedures, Skanskacreates the prerequisites for a positivereturn to its owners.EmployeesSkanska’s success is highly dependent onits employees. Offering a secure, healthyand stimulating job environment basedon mutual respect is vital for attracting,developing and retaining the bestemployees.Suppliers andsubcontractorsSkanska’s supplier relationships reflecta high level of integrity and businessethics. Skanska also expects its businesspartners to live up to the principles ofthe Group’s Code of Conduct.16 Skanska’s role in the community Skanska Review of 2012 – EUR version