Sandvik AB 2020 AR2
The report highlights Sandvik's performance during the 2020 fiscal year, which was heavily impacted by the Covid-19 pandemic. Despite a decline in demand in key segments like aerospace and automotive, the company maintained an adjusted operating margin of 16.9% and generated strong cash flow. Sandvik updated its strategy to focus on growth, digitalization, and sustainability, introducing six strategic objectives for 2025. Key sustainability achievements included reducing CO2 emissions by 18% and total waste by 18% compared to 2019, and increasing the share of women in managerial positions to 18.5%.
Company: Sandvik AB
Sector: Industrials
Country: Sweden
Year: 2020
Type: AR2
Pages: 148
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Sandvik AB
Annual Report
The report highlights Sandvik's performance during the 2020 fiscal year, which was heavily impacted by the Covid-19 pandemic. Despite a decline in demand in key segments like aerospace and automotive, the company maintained an adjusted operating margin of 16.9% and generated strong cash flow. Sandvik updated its strategy to focus on growth, digitalization, and sustainability, introducing six strategic objectives for 2025. Key sustainability achievements included reducing CO2 emissions by 18% and total waste by 18% compared to 2019, and increasing the share of women in managerial positions to 18.5%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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