United for a sustainable industry

Sustainability is a key element of the business area’s DNA. Sustainability based on social, environmental and economic responsibility is the core of our mission, vision and business concept as well as being the starting point for how we control and monitor our operations.

Sustainable operational control

The UN SDGs, the Global Compact and Alligo AB:s Code of Conduct form the basis for the business area’s sustainability work. A Sustainability Policy has been implemented, along with numerous other policies. A clear target process is also in place – where the goals from management level are broken down into individual action plans through regional, local and department-specific operational plans. In these plans, financial goals are supplemented with social and environmental goals as well as specific goals for Momentum Industrial related to documented customer value, so-called “industry improvements.”

A number of the business area’s companies are certified in accordance with ISO 14001:2015 Quality management systems and ISO 9001:2015 Environmental management systems. Momentum Industrial also follows ISO 26001:2010 Social responsibility.

A responsible value chain

The business area’s shared mission – United for a sustainable industry – explains our mission. Our purpose is to contribute to a sustainable industry together with our stakeholders, with a focus on people, environment and finances. A safer and healthier work environment, maximised life cycles, more environmentally friendly industrial processes and good business ethics are examples for key parameters to enable a sustainable industry.

Sustainable customer relationships

The business area’s overall customer offering comprises sustainable products and services, guided by a belief in value rather than price, quality rather than quantity, a high level of business ethics and the best choice for customers. Using this as our compass, we want to help our customers’ employees, environment and finances to grow and flourish over time. A central tool in this work is the industry improvements that Momentum Industrial offers, which demonstrate the value that our products and services provide for the customer from a work environment, environmental and financial perspective. These industry improvements are carried out together with the customer and are signed off by the customer with the aim of securing a shared view of the value that our sustainable solutions provide for the customer.

During 2020, we also held skills-enhancing webinars for more than 1,000 customers. Development projects were implemented together with partners such as SKF, with the aim of further strengthening the mutual value we give to the customer. Partnered with Enersize, Momentum Industrial has also developed a new service in the form of leakage reduction of compressed air, which in turn lead to energy savings and CO2 emission reduction

656 industry improvements

During 2020, 656 industry improvements were implemented in Momentum Industrial. Of these, 30 percent resulted in an improved work environment, 46 percent in a lower environmental impact and a full 93 percent resulted in improved finances. The total financial improvement amounted to approximately MSEK 95.

A sustainable workplace

Within the business area’s various companies, proactive and systematic work is carried out to strengthen our employer brand throughout the employee cycle – from recruitment to termination of employment and everything in between. The focus areas for this work include health and safety, leadership, competence development, equal treatment, and communication and, in 2020, we have refined all parts of our HR process.

We are convinced that training and competence development are crucial to employee satisfaction. On this basis, we offer a solid training package for our employees and managers. In the wake of the ongoing COVID-19 pandemic, an additional training initiative was implemented for employees put on part-time work, and several health-promoting initiatives were arranged within the organisations. During the autumn, an equal treatment project was started within Momentum Industrial, which is targeted at all employees and managers and aims to survey the status of equal treatment based on the seven grounds of discrimination stipulated in Swedish law.

In 2020, physical meetings were replaced by digital meetings, which had a positive effect on the business area’s internal climate footprint. A new Company Car Policy was also implemented to further reduce our internal fossil carbon emissions. A chemicals project was carried out in the workshops and in all warehouses to ensure a healthy and safe environment for our employees and to minimise the number of chemicals in the workshops and on the warehouse shelves.

A sustainable supply chain

In order to quality assure our contribution to a sustainable industry, we work actively with sustainability in our supply chain. Our Supplier Code of Conduct is based on the UN Global Compact and serves as the hub in our supplier process – from potential new suppliers to the monitoring of existing suppliers. The aim behind all of this work is to protect human rights, promote fair employment terms and ensure healthy and safe work conditions, responsible handling of environmental issues and sustainable business ethics in our supply chain.

During 2020, supplier assessments and audits were conducted in accordance with our annual plan, and our development-focused supplier dialogues related to sustainable products and services continued.

The business area’s operations work actively to ensure a responsible approach and sustainable products throughout our supply chain, but the main focus is on the suppliers that account for the largest purchase volumes, as less than 3 percent of Momentum Industrial’s suppliers represent approximately 80 percent of the purchase volumes. Of these approximately 30 suppliers, Momentum Industrial is already engaged in active partnerships with half of them based on shared goals and action plans.

Looking ahead

In 2021, all of us in the business area are looking forward to continuing our development work by assuming further responsibility within our value chain. Our greatest potential to contribute to sustainable development lies in ensuring a sustainable supply chain downstream and sustainable customer choices and solutions upstream. Satisfied employees are a requirement for succeeding in this work. Our efforts to build a more sustainable and attractive workplace will remain a focus area in 2021, as will our efforts to reduce our own negative environmental impact. The key to all relationships is good communication and information exchanges. As such, we plan to carry out refined stakeholder dialogues with our employees, customers and suppliers in 2021 – all with the aim of following our mission – United for a sustainable industry!