IF12 GRI-index
GRI Content Index
Statement of use
GRI 1 used
Applicable GRI Sector Standards
Sandvik has reported in accordance with the GRI
standards for the period 2024.01.01–2024.12.31
GRI 1: foundation 2021
N/A
GRI 2: General Disclosures 2021
The organization and its reporting practices
| Standard and disclosure | Page | Comments | ||||
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2-1 |
Organizational details |
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2-2 |
Entities included in the organization’s sustainability reporting |
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2-3 |
Reporting period, frequency, and contact point |
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2-4 |
Restatements of information |
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2-5 |
External assurance |
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Activities and workers
| Standard and disclosure | Page | Comments | ||||
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2-6 |
Activities, value chain, and other business relationships |
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2-7 |
Employees |
iii and e) Information unavailable/incomplete. We lack a Group-wide system for collection of number of non-guaranteed workers. |
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|
2-8 |
Workers who are not employees |
Entire disclosure 2-8 not applicable. |
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Governance
| Standard and disclosure | Page | Comments | ||||
|
2-9 |
Governance structure and composition |
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2-10 |
Nomination and selection of the highest governance body |
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2-11 |
Chair of the highest governance body |
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2-12 |
Role of the highest governance body in overseeing the management of impacts |
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2-13 |
Delegation of responsibility for managing impacts |
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2-14 |
Role of the highest governance body in sustainability reporting |
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2-15 |
Conflicts of interest |
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2-16 |
Communication of critical concerns |
Not disclosed, due to confidentiality. |
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2-17 |
Collective knowledge of the highest governance body |
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2-18 |
Evaluation of the performance of the highest governance body |
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2-19 |
Remuneration policies |
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2-20 |
Process to determine remuneration |
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2-21 |
Annual total compensation ratio |
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Strategy, policies and practices
| Standard and disclosure | Page | Comments | ||||
|
2-22 |
Statement on sustainable development strategy |
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2-23 |
Policy commitments |
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. |
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|
2-24 |
Embedding policy commitments |
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2-25 |
Processes to remediate negative impacts |
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2-26 |
Mechanisms for seeking advice and raising concerns |
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2-27 |
Compliance with laws and regulations |
a, b) Data unavailable/incomplete. We report on significant fines |
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|
2-28 |
Membership associations |
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Stakeholder engagement
| Standard and disclosure | Page | Comments | ||||
|
2-29 |
Approach to stakeholder engagement |
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|
2-30 |
Collective bargaining agreements |
b) Data unavailable/incomplete. The working conditions and terms of employment of employees not covered by collective bargaining agreements are based on the Sandvik Code of Conduct and local country legislation |
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GRI 3: Material Topics 2021
Disclosures on material topics
| Standard and disclosure | Page | Comments | ||||
|
3-1 |
Process to determine material topics |
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|
3-2 |
List of material topics |
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|
3-3 |
Management of material topics |
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GRI 205: Anti-corruption 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
iii) Not applicable. Positive impacts are not material. |
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|
205-1 |
Operations assessed for risks related to corruption |
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|
205-2 |
Communication and training about anti-corruption policies and procedures |
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|
205-3 |
Confirmed incidents of corruption and actions taken |
c) Information unavailable/incomplete |
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GRI 301: Materials 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
301-1 |
Materials used by weight or volume |
Information unavailable/incomplete for the entire disclosure materials 2016. Data is available in some divisions but not compiled for Sandvik as a whole. |
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|
301-2 |
Recycled input materials used |
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|
301-3 |
Reclaimed products and their packaging materials |
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GRI 302: Energy 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
302-1 |
Energy consumption within the organization |
c, iii and d, iii) Information unavailable/incomplete. |
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|
302-2 |
Energy consumption outside of the organization |
Information unavailable/incomplete. |
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|
302-3 |
Energy intensity |
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|
302-4 |
Reduction of energy consumption |
Entire disclosure information unavailable/incomplete |
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|
302-5 |
Reductions in energy requirements of products and services |
Entire disclosure information unavailable/incomplete |
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GRI 303: Water and Effluents 2018
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
303-3 |
Water withdrawal |
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GRI 304: Biodiversity 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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GRI 305: Emissions 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
305-1 |
Direct (Scope 1) GHG emissions |
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|
305-2 |
Energy indirect (Scope 2) GHG emissions |
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|
305-3 |
Other indirect (Scope 3) GHG emissions |
c) Information unavailable/incomplete |
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|
305-4 |
GHG emissions intensity |
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|
305-5 |
Reduction of GHG emissions |
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|
305-7 |
Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions |
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GRI 306: Waste 2020
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
306-1 |
Waste generation and significant waste-related impacts |
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|
306-2 |
Management of significant waste-related impacts |
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|
306-3 |
Waste generated |
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306-4 |
Waste diverted from disposal |
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|
306-5 |
Waste directed to disposal |
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GRI 308: Supplier Environmental Assessment 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
308-2 |
Negative environmental impacts in the supply chain and actions taken |
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GRI 401: Employment 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
401-1 |
New employee hires and employee turnover |
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|
401-2 |
Benefits provided to full-time employees that are not provided to temporary or part-time employees |
Entire disclosure information unavailable/incomplete |
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GRI 403: Occupational Health and Safety 2018
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
403-1 |
Occupational health and safety management system |
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|
403-2 |
Hazard identification, risk assessment, and incident investigation |
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403-3 |
Occupational health services |
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|
403-4 |
Worker participation, consultation, and communication on occupational health and safety |
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|
403-5 |
Worker training on occupational health and safety |
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|
403-6 |
Promotion of worker health |
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|
403-7 |
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships |
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|
403-8 |
Workers covered by an occupational health and safety management system |
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|
403-9 |
Work-related injuries |
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|
403-10 |
Work-related ill health |
Entire disclosure information unavailable/incomplete. Explanation on the omission is available in NF7, under ‘reporting principles’ |
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GRI 405: Diversity and Equal Opportunity 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
405-1 |
Diversity of governance bodies and employees |
iii) Not applicable. Sandvik does not track information on e.g. minority or vulnerable groups |
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|
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. |
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GRI 408: Child Labor 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
408-1 |
Operations and suppliers at significant risk for incidents of child labor |
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GRI 409: Forced or Compulsory Labor 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
409-1 |
Operations and suppliers at significant risk for incidents of forced or compulsory labor |
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GRI 414: Supplier Social Assessment 2016
| Standard and disclosure | Page | Comments | ||||
|
3-3 |
Management of material topics |
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|
414-2 |
Negative social impacts in the supply chain and actions taken |
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