Sustainable enterprise

Our sustainability strategy guides our actions to achieve a sustainable society and reduced climate impact in line with the Paris Agreement. We work with our customers, suppliers and partners to implement sustainability throughout the value chain. Our Sustainability Policy, Code of Conduct and Environmental Policy are based mainly on the OECD Guidelines for Multinational Enterprises, UN Global Compact, 2030 Agenda and the Global Sustainable Development Goals. To live up to our Code of Conduct and policies, we carry out well-structured work with focus areas, goals and action plans, as well as a thorough process for following up on ourselves and our suppliers.

Sustainability report

We report annually on the progress of our sustainability efforts.

Sustainability report

Our sustainability report has been prepared in accordance with the Swedish Annual Accounts Act and the EU's new sustainability reporting standards, the European Sustainability Reporting Standards (ESRS), as well as the EU Taxonomy Regulation. The report covers the entire SIBS Group on a consolidated basis.In the report, we have assessed our impacts, risks and opportunities across the entire value chain – from suppliers and subcontractors, through our own operations, to how our products and services are used and disposed of. The depth of the assessment varies by area, based on where the impacts and risks are most significant.

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Our Commitment to Responsible Business Conduct

We align our business with the Ten Principles of the UN Global Compact on human rights, labour, the environment and anti-corruption. These principles are embedded across all companies in the Group and apply to employees and supply chains in Sweden and Malaysia.

Certifications within the SIBS Group

SIBS’ management system is certified according to EN 1090, ISO 9001, and ISO 14001, and for production and construction also according to ISO 45001. We are also accredited according to BOPAS Planning and BOPAS Manufacturing, as well as for conducting energy declarations.

SIBS Malaysia has obtained ISO certification for its quality, environmental, and occupational health and safety management system.

Since we started with our first factory in 2017, we have worked systematically on processes and the working environment. The certification process not only provides us with a solid foundation for continuous improvement of our processes but also proves that we have a well-functioning management system.

Energy-efficient buildings

Since the start of 2016, SIBS has been particularly focused on energy-efficient construction. To this end, we have implemented a building system that boasts good U-values, FTX ventilation (exhaust and supply air ventilation with heat recovery) and other smart solutions, such as underfloor heating in every apartment in Sweden. This enables lower temperatures in the heating circuit, in turn allowing us to make our heat pumps more efficient. Our properties are also fitted with solar panels, energy-efficient appliances, low-flow fixtures and LED lighting, which helps to reduce energy consumption.

A seven percent reduction in energy use
As a result of these measures, we saw an actual 7 percent reduction in energy use in 2022 compared with 2021. This shows the positive impact of our focus on energy optimisation, and also underlines the importance of continuing to implement measures that can contribute to a more sustainable future.