Sandvik AB 2017 AR2
The report highlights Sandvik's strong financial performance in 2017, achieving its financial targets ahead of schedule with a 16% increase in adjusted EBIT and a 26% rise in share price. The company successfully advanced its decentralization strategy, shifting decision-making closer to customers across its three business areas. Key structural changes included the divestment of Sandvik Process Systems and Sandvik Mining Systems, creating a more focused, high-performing core business. Additionally, Sandvik made significant progress in sustainability, reducing its carbon emissions by 2% and achieving an all-time low Lost Time Injury Frequency Rate of 1.6.
Company: Sandvik AB
Sector: Industrials
Country: Sweden
Year: 2017
Type: AR2
Pages: 156
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Sandvik AB
Annual Report
The report highlights Sandvik's strong financial performance in 2017, achieving its financial targets ahead of schedule with a 16% increase in adjusted EBIT and a 26% rise in share price. The company successfully advanced its decentralization strategy, shifting decision-making closer to customers across its three business areas. Key structural changes included the divestment of Sandvik Process Systems and Sandvik Mining Systems, creating a more focused, high-performing core business. Additionally, Sandvik made significant progress in sustainability, reducing its carbon emissions by 2% and achieving an all-time low Lost Time Injury Frequency Rate of 1.6.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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
Workplace Fatalities
Employees