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CORPORATE RESPONSIBILITY Raising our ambitions During the year, Trelleborg further developed and raised ambitions for the four focus areas of its Corporate Responsibility (CR) strategy Trelleborg and the Global Compact Since 2007, Trelleborg has been affiliated with the UN Global Compact network, an initiative to promote responsible business practices in the areas of the environment, labor, human rights and anti-corruption. GRI G4 Guidelines and external auditors Trelleborg’s 2015 CR Report is based on GRI G4, the latest version of the Global Reporting Initiative’s Sustainability Reporting Guidelines. The report has been prepared in accordance with the Core options. PricewaterhouseCoopers has reviewed and assured compliance with this option, with a focus on the most significant CR issues. Refer to the Assurance Report on page 112. See the GRI Content Index on page 54. For more information and a detailed GRI Content Index, refer to the full 2015 CR Report, which can be downloaded from www.trelleborg.com/ About Us/Corporate Responsibility. Over the past year, it has become clear how climate issues have become crucial in global efforts to build a more sustainable society, and Trelleborg naturally has a role to play in this process. I am pleased to say that we have achieved our 15 by 15 climate target, refer to pages 48-51 for more information. Also in respect of other accountability issues, we are constantly raising the bar and advancing our positions through, for example, our Excellence initiatives. Other key events from the past year that will be important for Trelleborg and other major industrial companies are the UN sustainable development goals, and the refugee crisis and its effect on many countries. In 2014, we analyzed and defined the most significant areas for Trelleborg’s responsibility toward our stakeholders and society, which culminated in our four focus areas Regulatory compliance, Resources, Diversity and Community involvement. Overall, these four focus areas remain relevant as a means for addressing our CR requirements and challenges. 2015 was devoted to developing and raising our ambitions in each area. The main features of the work reflect our overall priorities in the areas, while the various measures they have led to are described on the coming pages. Regulatory compliance. Wherever Trelleborg conducts operations, we respect laws, rules and human rights, and always promote ethical business practices. We have therefore decided that with high priority to further develop our work with training and information in these areas. This also applies to our suppliers, who we urge to comply with our Code of Conduct and the guidelines of the UN Global Compact. Resources. We seek to eliminate all wasteful use of resources, and to be a safe and secure workplace. We want our Group objectives to feel relevant at unit level, in order to get closer to our day-to-day operations and improvement needs. Looking forward, energy and climate change are key areas for all units, whereas water consumption and solvent emissions, for example, are problems that only affect a relative few. We should therefore concentrate our work in these areas to such units. Diversity. We work actively to show how diversity is a positive thing for us, and we take pride in being a global company that values expertise where it exists. We always recruit locally, both leaders and employees, since our own composition should reflect the diversity of our markets and customers. For us, diversity means having a balanced age and gender mix across our business operations. Community involvement. Trelleborg cultivates good local relationships wherever we are in the world by participating in various community activities. In several places, this commitment is reinforced through selected youth development projects (see page 53). Our ongoing school projects in Sri Lanka and Brazil are good examples, and the recent initiatives in India will strengthen this further. These were the most important features of our CR work during the year, both within the company and across our value chain. Looking forward, it is highly probable that Trelleborg’s most important contribution will be to make society as a whole more sustainable through the products and solutions that we offer. We usually say: Innovation that accelerates development in a sustainable manner. Read more about how our sustainable innovation can increasingly be combined with business on pages 4 and 32-33. Peter Nilsson, President and CEO 42 Annual Report 2015 Trelleborg AB GRI: G4-1, G4-15, G4-16, G4-19, G4-33, G4-56
CORPORATE RESPONSIBILITY Materiality is based on stakeholder expectations This is the second time that Trelleborg has based its report on G4, which are the most recent GRI Sustainability Reporting Guidelines. The focus lies on those sustainability aspects that key internal and external stakeholders consider most significant. Trelleborg combines these aspects in four focus areas: Regulatory Compliance, Resources, Diversity and Community Involvement. 2015 Materiality Analysis Significance to stakeholders’ perceptions and decisions IMPORTANT VERY IMPORTANT • Open and honest communication • Corporate governance and transparency • Environmental performance for products • Labor/Management relations • Investment and divestment practices • Risk and crisis management • Public policy and lobbying • Talent attraction and retention • Training and development IMPORTANT • Compliance with legislation and human rights • Corruption and bribery • Anti-competitive behavior • Use of hazardous chemicals • Diversity • Community relations VERY IMPORTANT • Supplier practices • Energy and climate • Emissions • Waste • Occupational health and safety The determination of key stakeholders for Trelleborg is based on the degree of mutual dependency, and the impact of Trelleborg’s operations on these groups. Key stakeholder groups with mutual and direct relationships with the company and its activities can be found across the value chain – Customers, Employees and Suppliers. Another key group with a strong mutual relationship is Shareholders, including potential owners, meaning investors. Suppliers Shareholders Employees Society Customers Significance of financial, environmental and social impact Materiality analysis. Materiality analyses have been conducted since 2007 with the assistance of internal and external stakeholders to ensure that the com - pany’s CR efforts and communication actually respond to stakeholder expectations and the impact of Trelleborg’s operations on these groups. The predominant aspects in the outcome of these analyses have consistently been expectations on Compliance with laws and human rights, Measures against corruption and bribery and Measures against anti-competitive behavior, as well as a number of key environmental aspects for the industry such as Energy consumption, Emissions and Handling hazardous chemicals. For some stakeholder groups, other aspects such as Diversity, Community relations, Open and honest communication, Corporate governance and transparency and Environmental performance for products have also emerged as highly significant. Four focus areas. Trelleborg combines the most material aspects from the analysis in four focus areas: Regulatory compliance, Resources, Diversity and Community involvement. The image below shows how various aspects are allocated to each of the focus areas. For a detailed overview of how the sustainability aspects are allocated to each of the focus areas, refer to the Index on page 54. In terms of sustainability issues, all citizens with a connection to Trelleborg’s operations comprise a stakeholder group, which is most clearly exemplified by those who are directly affected, such as those living close to Trelleborg’s plants. In addition, those citizens defined as Society stakeholders are more indirectly represented by the media, researchers and students, for example, whose interaction with the company mainly takes the form of personal meetings and other dialog and communication via, for example, the CR and Annual Report, websites and social media. Trelleborg’s focus areas and material aspects Correct is correct • Anticorruption/Code of Conduct • Social and Environmental Compliance • Human rights • Child and forced labor • Freedom of association • Supply chain responsibility Your difference makes the difference • Age, ethnicity and gender Regulatory compliance D iv e r sit y Resources C o m m u nit y inv olv e m e n t Raising the bar • Health and safety • Energy • Climate impact • Water • Emissions to air (VOCs) • Waste • Chemicals We contribute to a better society • Community development GRI: G4-15, G4-18, G4-19, G4-24, G4-25, G4-26 Annual Report 2015 Trelleborg AB 43
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