Sustainability targets
Momentum Group has chosen to focus on three of the UN Global Goals, where we believe we have the greatest opportunity to contribute and influence. Within the Group, subsidiaries are free to choose additional targets and to pursue quality and environmental certification initiatives.
Environment
Minimising climate impact along the entire value chain
We contribute to achieving SDG 13 both directly through the emissions generated from our own operations and indirectly through the emissions arising in other parts of the value chain. Our direct emissions are primarily linked to business travel and the energy we use in our leased premises. We have an impact on indirect emissions through our purchases, our procured transports and, not least, the influence we exert on our customers to make decisions that reduce the climate impact of their production.
- Our products and services can demonstrate a quantifiable reduction in climate impact for our customers.
- Efficient transportation.
- Purchases of fossil-free or climate-neutral electricity.
Outcome 2024
-
Emissions from company cars
– 12 % -
Proportion of fossil-free/climate-neutral electricity
86 %
Social
Ensure sustainable workplaces in our value chain
Momentum Group aims to be a sustainable workplace where health, safety, equal treatment and the work environment are in focus. Human rights and labour law are of central importance in our value chain. In practice, this SDG is managed through our subsidiaries’ systematic work environment efforts and our Code of Conduct. Decent labour conditions promote economic growth that is achieved without environmental damage, unsafe work and work environments, improprieties and irregularities. Sustainable workplaces means to us:
- A safe work environment that promotes good health.
- Opportunities for the development of competencies and work methods.
- Participate actively in the society where we are active.
- Act responsibly in business.
- Good work conditions in our value chain.
Outcome 2024
-
Share performance reviews
89 % -
Percentage of women on the board
40 % -
Employed for more than 10 years
34 %
Governance
Working for a sustainable industry
“Together for a sustainable industry” describes our mission. This is something our companies work towards every day and that takes a tangible form in the industrial improvements they implement. By collaborating with market- leading suppliers of high-quality products and offering innovative solutions, we help our customers improve their productivity, optimise their processes and achieve their sustainability goals. By developing our offerings and through skills development, our employees can help customers to make more deci-sions that contribute to making the industry more sustainable. Examples include more efficient resource use and more technology and industrial processes with a lower negative environmental impact. Working for a sustainable industry by increasing the proportion of suppliers that have agreed to follow our Code of Conduct, or have themselves adopted a corresponding Code of Conduct, and increasing the number of proven industrial improvements. This means for us:
- Long-term partnerships with suppliers of high-quality products.
- Helping the customer make sustainable choices.
- Offering high-quality products and services with a long service life.
- Extending the service life of machinery and production facilities.
Outcome 2024
-
Proportion of purchases from CoC-classed suppliers
83 % -
Number of industrial improvements
686
