Good results through successful sustainability work
Stena’s sustainability work must be business-oriented and systematic. The aim is to discover new business opportunities, reduce negative impact and developing the brand, while also identifying and managing risks. The sustainability issues identified as most important for Stena are related to the environment, safety, community involvement and employees.
Sustainability issues were given an even greater focus in all parts of Stena AB in 2017, and the work is supported and encouraged by the Group’s executive management and Board.
Each business unit has a sustainability coordinator and twice a year, the central sustainability department reports to the Audit Committee, which is a committee of Stena AB’s Board.
Stena is a large group with many different operations, but also with a great deal of interaction across company boundaries. Coordinated working methods in key areas contribute to a common structure for sustainability work.
As part of this work, a process called SuStenability was introduced during the year, in order to create increased commitment and a clearer structure for the sustainability work already being carried out within the Group.
Each business area is required to describe its value chain and identify the most important issues in its business in terms of environmental, social and economic conditions. The issues identified as most important at an aggregated level for Stena include energy consumption, emissions to air and water, health and safety and business ethics.
As part of the SuStenability process, all business areas also review the risks that may exist in their business in connection with the value chain, and more specifically the environment, personnel and social conditions, human rights and anti-corruption. More information about identified risks can be found in Stena’s sustainability report.
The companies in the Group had different starting positions when the SuStenability work began and have therefore reached different stages in the process.
Not all parts are in place yet, but this is a process that will continue to be a major focus area in 2018.
SUSTAINABILITY WORK IN 2017
Many different projects and initiatives have been implemented in Stena’s priority sustainability areas during the year. The environmental work involves, among other things, various ways of reducing emissions to air, which in turn will reduce the Group’s climate impact. An example of this is that all companies are working to reduce their energy consumption in different ways.
In 2017, Stena Property’s reduction in heating and electricity consumption in its areas corresponded to consumption in a town with about 30,000 inhabitants. Ballingslöv works continuously to reduce environmental impacts, particularly in energy consumption, transport, solvents in colour processes and waste. The company’s catalytic purification plant reduces solvent emissions from manufacturing by around 95 percent.
During the year, a shore-based power facility was installed in the port of Trelleborg, which means that 33% of the vessels in Stena Line’s route network now have connection to shore-based power.
In order to maintain a high level of safety and minimise the number of accidents, continuous training is conducted throughout the Group. Stena Line Bridge Resource Management (BRM), a three-day training course in safety aimed at strengthening the shared safety culture, started during the year.
During the year, a new virtual training simulator for fire drills was launched at Northern Marine Group’s training facility by Clyde Training Solutions in cooperation with Tritec Marine.
Stena’s opportunities to influence sustainable development are enhanced through different types of collaborations and joint initiatives in the industry. In June 2017, Stena was one of 13 leading enterprises to sign an agreement at IMO’s head office in London.
The participants have entered into a global alliance to move shipping towards a sustainable future, within the framework of a collaboration called the Global Industry Alliance, GIA.
THE UN’S GLOBAL SUSTAINABILITY GOALS
Stena can contribute to fulfilling the UN’s global sustainability goals in various ways and has identified eight goals as particularly relevant.