NF12 GRI index - Sandvik Annual Report 2022

GRI Content Index

Statement of use

Sandvik has reported in accordance with the GRI standards for the period 2022.01.01–2022.12.31

GRI 1 used

GRI 1: foundation 2021

Applicable GRI Sector Standards

N/A

Standard and disclosure		Page	Comments
GRI 2: General disclosures 2021
General disclosures
2-1	Organizational details	Sandvik Mining and Rock Solutions Corporate Governance Report Note G2 Segment information
2-2	Entities included in the organizations sustainability reporting	Group total Corporate Governance Report Note G31 Business combinations Note P12 Shares in Group companies Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
2-3	Reporting period, frequency and contact point	Corporate Governance Report Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Key figures, Group total
2-4	Restatements of information	Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up)
2-5	External assurance	President and Group Executive Management, business areas and Group functions External auditor Internal control over financial reporting Auditors’ report Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Assurance report Annual General Meeting Definitions
Activities and workers
2-6	Activities, value chain and other business relationships	Value-creating offerings Sandvik Mining and Rock Solutions Sandvik Rock Processing Solutions Sandvik Manufacturing and Machining Solutions Group total Sustainability Governance Note G31 Business combinations Note NF9 Sustainable supplier management
2-7	Employees	Note NF4 Whistleblowing (Speak Up) Note NF5 Compliance Note NF6 Employees Note NF7 Health and Safety	iii and e) Information unavailable/incomplete We lack a Group-wide system for collection of number of non-guaranteed workers
2-8	Workers who are not employees	Note NF8 Environmental footprint	Entire disclosure 2-8 not applicable, Sandvik does not have a significant portion of workers who are not employees
Governance
2-9	Governance structure and composition	Corporate Governance Report Board of Directors Note NF6 Employees Note NF7 Health and Safety	vi, vii) Data unavalible/incomplete. Data does not include minority groups. The competence of the board is described on pages 56–57. It is not specified related to the impacts.
2-10	Nomination and selection of the highest governance body	The Sandvik Way Ownership structure and AGM Nomination committee Board of Directors	iv) Data unavailable/incomplete. Data unavailable/incomplete. The competence is described on pages 56–59. It is not specified related to the impacts.
2-11	Chair of the highest governance body	Nomination committee Board of Directors Board of Directors Group Executive Management
2-12	Role of the highest governance body in overseeing the management of impact	Nomination committee Board of Directors Sustainability Governance Materiality assessment	b, i, ii, c) Information incomplete/unavailable. Due diligence is not one single defined process but part of many different polices and procedures across Sandvik and an integrated part of the Sandvik way.
2-13	Delegation of responsibility for managing impacts	The Sandvik Way Ownership structure and AGM Nomination committee Board of Directors Board Committees Risk management Sustainability Governance
2-14	Role of the highest governance body in sustainability reporting	The Sandvik Way Ownership structure and AGM Nomination committee Board of Directors Board Committees President and Group Executive Management, business areas and Group functions External auditor Internal control over financial reporting Sustainability Governance Materiality assessment Annual General Meeting Definitions
2-15	Conflicts of interest	Nomination committee Board of Directors Note G29 Transactions with related parties Note G30 Supplementary information to the cash flow statement, group total	b) ii Data unavailable/incomplete. Not currently available.
2-16	Communication of critical concerns	Board of Directors Board Committees
2-17	Collective knowledge of the highest governance body	Board of Directors
2-18	Evaluation of the performance of the highest governance body	Nomination committee Board of Directors Board Committees
2-19	Remuneration policies	Group total Development in business areas Corporate Governance Report The Sandvik Way Ownership structure and AGM Nomination committee Board of Directors Note G4 Personnel information and remuneration of management
2-20	Process to determine remuneration	Group total Development in business areas Corporate Governance Report The Sandvik Way Ownership structure and AGM Nomination committee Board of Directors Note G4 Personnel information and remuneration of management
2-21	Annual total compensation ratio	Note G4 Personnel information and remuneration of management	a, b) Data unavailable/incomplete. The data is incomplete and missing the ratio. The remuneration (SEK) is available in the Remuneration Report 2022 on website home.sandvik. c) Data unavailable/incomplete. Due to the decentralized organization Sandvik cannot comply the data.
Strategy, polices and practices
2-22	Statement on sustainable development strategy	Strong earnings in a challenging world
2-23	Policy commitments	Sustainability Governance Materiality assessment Code of Conduct Compliance Human rights and fair labor conditions Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Note NF10 Community involvement Note NF11 EU taxonomy	ii) Information incomplete/unavailable. Due diligence is not one single defined process but part of many different polices and procedures across Sandvik and an integrated part of the Sandvik way.
2-24	Embedding policy commitments	Nomination committee Board of Directors Board Committees President and Group Executive Management, business areas and Group functions External auditor Internal control over financial reporting Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Note NF5 Compliance Note NF6 Employees Note NF9 Sustainable supplier management
2-25	Processes to remediate negative impacts	Sustainability Governance Materiality assessment Code of Conduct Compliance Human rights and fair labor conditions
2-26	Mechanisms for seeking advice and raising concerns	Materiality assessment Code of Conduct Compliance Human rights and fair labor conditions Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Note NF5 Compliance Note NF6 Employees
2-27	Compliance with laws and regulations	Note G24 Other provisions Note G25 Other liabilities Note G26 Accrued expenses Note G27 Contingent liabilities and pledged assets Note NF4 Whistleblowing (Speak Up)	a, b) Data unavalible/incomplete. We report on significant fines
2-28	Membership associations	Note NF3 Code of Conduct
Stakeholder engagement
2-29	Approach to stakeholder engagement	Note NF2 Stakeholder dialogues
2-30	Collective bargaining agreements	Note NF8 Environmental footprint	b) Data unavailable/incomplete. The working conditions and terms of employment of employees not covered by collective bargaining agreements are based on Sandvik Code of Conduct and local country legislation

Standard and disclosure		Page	Comments
GRI 3: Material topics 2021
Disclosures on material topics
3-1	Process to determine material topics	Sustainability Governance Materiality assessment
3-2	List of material topics	Sustainability Governance Materiality assessment
3-3	Management of material topics	Sustainability Governance
GRI 205: Anti-corruption 2016
3-3	Management of material topics	Materiality assessment Code of Conduct Compliance Human rights and fair labor conditions
205-1	Operations assessed for risks related to corruption	Note NF4 Whistleblowing (Speak Up) Note NF5 Compliance Note NF6 Employees
205-2	Communication and training about anti-corruption policies and procedures	Note NF4 Whistleblowing (Speak Up) Note NF5 Compliance Note NF6 Employees
205-3	Confirmed incidents of corruption and actions taken	Note NF1 About this report Note NF2 Stakeholder dialogues Note NF3 Code of Conduct Note NF4 Whistleblowing (Speak Up) Note NF5 Compliance Note NF6 Employees
GRI 301: Materials 2016
3-3	Management of material topics	Sustainability Governance
301-1	Materials used by weight or volume		Information unavailable/incomplete for the entire disclosure. Data is available in some divisions but not complied for the whole of Sandvik.
301-2	Recycled input materials used
301-3	Reclaimed products and their packaging materials
GRI 302: Energy 2016
3-3	Management of material topics	Sustainability shift Sustainability Governance Materiality assessment Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF7 Health and Safety Note NF8 Environmental footprint
302-1	Energy consumption within the organization	Note NF7 Health and Safety Note NF8 Environmental footprint	c, iii and d, iii) Information unavailable/incomplete No separate data on cooling consumption
302-2	Energy consumption outside of the organization	Note NF7 Health and Safety Note NF8 Environmental footprint	Information unavailable/incomplete Incomplete data of energy consumption outside of the organisation.
302-3	Energy intensity	Note NF7 Health and Safety Note NF8 Environmental footprint
302-4	Reduction of energy consumption		Entire disclosure Information unavailable/incomplete
302-5	Reductions in energy requirements of products and services		Entire disclosure Information unavailable/incomplete
GRI 305: Emissions 2016
3-3	Management of material topics	Sustainability shift Sustainability Governance Materiality assessment Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF7 Health and Safety Note NF8 Environmental footprint
305-1	Direct (Scope 1) GHG emissions	Targets and target fulfillment Note NF7 Health and Safety Note NF8 Environmental footprint
305-2	Energy indirect (Scope 2) GHG emissions	Targets and target fulfillment Note NF7 Health and Safety Note NF8 Environmental footprint
305-3	Other indirect (Scope 3) GHG emissions	Targets and target fulfillment Note NF7 Health and Safety Note NF8 Environmental footprint	a, b, c, d) Information unavailable/incomplete.
305-4	GHG emissions intensity	Targets and target fulfillment Note NF7 Health and Safety Note NF8 Environmental footprint
305-5	Reduction of GHG emissions	Targets and target fulfillment Note NF7 Health and Safety Note NF8 Environmental footprint
305-6	Emissions of ozone-depleting substances (ODS)		Entire disclosure Not applicable. Not a material topic
305-7	Nitrogen oxides (NO_X), sulfur oxides (SO_X), and other significant air emissions		Entire disclosure Not applicable. Not a material topic
GRI 306: Waste 2020
3-3	Management of material topics	Sustainability shift Sustainability Governance Materiality assessment Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF8 Environmental footprint
306-1	Waste generation and significant waste-related impacts	Note NF8 Environmental footprint
306-2	Management of significant waste-related impact	Sustainability shift Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF8 Environmental footprint
306-3	Waste generated	Note NF8 Environmental footprint
306-4	Waste diverted from disposal	Note NF8 Environmental footprint
306-5	Waste directed to disposal	Note NF8 Environmental footprint
GRI 308: Supplier Environmental Assessment 2016
3-3	Management of material topics	Note NF9 Sustainable supplier management
308-1	New suppliers that were screened using environmental criteria	Note NF9 Sustainable supplier management
a. Percentage of new suppliers that were screened using environmental criteria.
308-2	Negative environmental impacts in the supply chain and actions taken	Note NF9 Sustainable supplier management
GRI 401: Employment 2016
3-3	Management of material topics
401-1	New employee hires and employee turnover	Note NF8 Environmental footprint
401-2	Benefits provided to full-time employees that are not provided to temporary or part-time employee		Entire disclosure information unavailable/incomplete No global information collected
401-3	Parental leave		Entire disclosure information unavailable/incomplete. No global information collected
GRI 403: Occupational Health and Safety 2018
3-3	Management of material topics	Sustainability shift Agile through cycle Sustainability Governance Materiality assessment Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety
403-1	Occupational health and safety management system	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-2	Hazard identification, risk assessment, and incident investigation	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-3	Occupational health services	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-4	Worker participation, consultation, and communication on occupational health and safety	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-5	Worker training on occupational health and safety	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-6	Promotion of worker health	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-7	Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	Sustainability Governance Materiality assessment Code of Conduct Compliance Human rights and fair labor conditions Employees Environment, Health and Safety (EHS)
403-8	Workers covered by an occupational health and safety management system	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-9	Work-related injuries	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
403-10	Work-related ill health	Human rights and fair labor conditions Employees Environment, Health and Safety (EHS) Note NF6 Employees Note NF7 Health and Safety Note NF8 Environmental footprint
GRI 405: Diversity and Equal Opportunity 2016
3-3	Management of material topics
405-1	Diversity of governance bodies and employees	Note NF8 Environmental footprint	ii) Not applicable. Sandvik do not track information on e.g. minority or vulnerable groups
405-2	Ratio of basic salary and remuneration of women to men		Entire disclosure information unavailable/incomplete not possible to collect information required on significant locations of operations
GRI 408: Child Labor 2016
3-3	Management of material topics	Sustainability Governance Note NF9 Sustainable supplier management
408-1	Operations and suppliers at significant risk for incidents of child labor	Note NF9 Sustainable supplier management
GRI 409: Forced or Compulsory Labor 2016
3-3	Management of material topics	Sustainability Governance Note NF9 Sustainable supplier management
409-1	Operations and suppliers at significant risk for incidents of forced or compulsory labor	Note NF9 Sustainable supplier management
GRI 414: Supplier Social Assessment 2016
3-3	Management of material topics	Sustainability Governance Note NF9 Sustainable supplier management
414-1	New suppliers that were screened using social criteria	Note NF9 Sustainable supplier management
414-2	Negative social impacts in the supply chain and actions taken	Note NF9 Sustainable supplier management