Examples of contribution to the Sustainable Development Goals

Sandvik contributes to achieving the Sustainable Development Goals (SGDs) according to the UN’s 2030 Agenda. By integrating the SDGs into our operations and strategy, we work to create a positive impact on society and the environment.

Good health and well-being

Sandvik is committed to a healthy and safe work environment with a vision of zero harm. There are health and well-being programs accessible for all employees and health and safety issues are fully integrated into our operations. Our battery-electric underground offering reduces heat and emissions, thereby improving working conditions and lowering mining customers’ ventilation costs.

Gender equality

Sandvik is aiming to have women representing one-third of its managerial positions by 2030. We have formed partnerships with organizations such as Female Leader Engineer and International Women in Mining.

Clean water and sanitation

We recognize water as a shared resource and manage the withdrawal and discharge processes in adherence to local permits. All wastewater from production processes either undergoes appropriate treatment (within our facilities or through third-party operations) before being released back to recipients, or is circulated and reused. We support local community engagement projects to improve water quality and availability.

Affordable and clean energy

Sandvik has signed agreements to procure fossil-free energy across various markets. We are continuously implementing measures to enhance energy efficiency and increase the use of renewable energy at our sites.

Decent work and economic growth

We are focused on creating a diverse and inclusive workforce where innovation and new perspectives can thrive. We support all employees through identifying their talents and providing the right tools for personal growth and career development in a learning culture.

We are committed to achieving zero harm to people. Our mining automation solutions offer the potential for remote work and contribute to a safer and healthier work environment.

Industry, innovation, and infrastructure

Digitalized manufacturing enables a closed-loop production system that yields increased productivity, minimized waste, and enhanced quality. Sandvik has expanded its digital offering to automate and connect the entire component manufacturing value chain, from design and planning, to production and verification. Our goal is to establish an end-to-end digital offering that is agnostic and automates the machining process.

Responsible consumption and production

Contributing to a circular society is material to Sandvik. The ‘Sandvik Sustainability Award in Memory of Sigrid Göransson’ for 2024 highlighted Sandvik Machining Solutions’ Customer Recycling Program. Sandvik has been running buy-back programs for many years to retrieve used carbide tools, such as round tools, drills or inserts, from customers and recycle them into new products. The new program, with the purpose to increase the circular business model and retrieve more than 90 percent of the sold carbide volumes, has digitalized the buyback process for used tools, enhancing compliance and efficiency, and reduced the need for virgin materials.

Our Screening Solutions division in Jandakot (Australia) has developed a process to refurbish and reuse screens, feeders and exciters, thereby extending the life of the equipment and improving sustainability.

Climate action

In 2023, our GHG reduction targets received approval from the Science Based Targets initiative (SBTi). We are committed to achieving net-zero GHG emissions across the entire value chain by no later than 2050. Our near-term objectives include achieving a 50 percent reduction in absolute Scope 1 and 2 GHG emissions by 2030, a 30 percent reduction in absolute Scope 3 emissions and a 90 percent reduction in absolute Scope 1 and 2 GHG emissions by 2040. All targets have 2019 as the base year.