Sandvik AB 2023 Annual Report with Sustainability Disclosures
Company: Sandvik AB
Sector: Manufacturing
Country: Sweden
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 168
The report describes Sandvik's 2023 sustainability strategy, including SBTi-approved targets to reach net zero GHG emissions by 2050 and reduce Scope 1 and 2 emissions by 50 percent by 2030. It reports 71 percent waste circularity, 34 percent renewable energy and a tragic workplace fatality during the year. The company performed a double materiality assessment covering material impacts, risks and opportunities. PwC provided limited assurance over the Sustainable Business Report and reasonable assurance over selected waste, emissions and women-in-management KPIs.
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