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

“As we look back on 2022, we can be very proud of what we have achieved in terms of sustainability, with environmental certifications, taxonomy alignment, life cycle assessments, climate and vulnerability assessments, new processes for supplier monitoring and not least the ISO 9001, 14001 and 45001 certification of the entire Malaysian operation.”

– Jon Mellqvist, Head of Sustainability, SIBS

Commitment to UN Global Compact

We are a participant of the UN Global Compact and have committed to following the Ten Principles on human rights, labour, the environment and anti-corruption. The principles have been implemented at all the companies in the Group and apply to employees and supply chains in Sweden and Malaysia. Our progress is reported to stakeholders regularly and a Communication on Progress (CoP) is published annually via the UN Global Compact, containing information about our work with the Ten Principles and our contribution to the Global SDGs.

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.