Sandvik AB 2016 AR2
The report highlights Sandvik's transition to a more decentralized business model, consolidating its operations into three main business areas: Sandvik Machining Solutions, Sandvik Mining and Rock Technology, and Sandvik Materials Technology. In 2016, the company achieved its lowest lost time injury frequency rate (LTIFR) in history at 1.7. Sandvik also introduced groundbreaking products, including battery-driven underground mining equipment and digitally connected intelligent tools. Additionally, the company made progress in circular economy practices, with 78% of its metallic raw materials derived from recovered materials.
Company: Sandvik AB
Sector: Industrials
Country: Sweden
Year: 2016
Type: AR2
Pages: 156
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Sandvik AB
Annual Report
The report highlights Sandvik's transition to a more decentralized business model, consolidating its operations into three main business areas: Sandvik Machining Solutions, Sandvik Mining and Rock Technology, and Sandvik Materials Technology. In 2016, the company achieved its lowest lost time injury frequency rate (LTIFR) in history at 1.7. Sandvik also introduced groundbreaking products, including battery-driven underground mining equipment and digitally connected intelligent tools. Additionally, the company made progress in circular economy practices, with 78% of its metallic raw materials derived from recovered materials.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Employees