AVK CSR 2023-24 web - Flipbook - Page 19
Our global presence
As we operate in countries where compliance
with human rights, occupational health and
safety, environmental and climate protection
as well as anti-corruption are not necessarily a
given due to existing culture and legislation, we
are aware of the risk that our Group values are
violated.
Because of this, we focus on compliance with
our policies in all Group companies, and we
support this effort with ongoing audits in our
management systems. The most significant
risks will be assessed in the following sections.
Environment and climate
We estimate that the main risk related
to climate impact is a lack of attention to
minimising energy consumption. In addition,
it is important to focus on material use and
waste management to minimise the impact on
the local environment and support a circular
economy.
To minimise our climate impact, we have
developed an environmental and climate
strategy. We are focused on ensuring
compliance with our environmental policy and
work to continuously strengthen the policy to
minimise the environmental and climate impact
of the Group and our suppliers. We elaborate
further in the section “Our environmental and
climate effort”.
Employee relations
As a Group of companies with numerous
industrial production facilities, we consider
work-related accidents a significant risk
and hence a high priority area. Additionally,
individual companies within AVK will pay
attention to mental health and safety. Read
more about initiatives within both areas in
this report under the section “Our social
responsibility”.
Human rights
We assess that the risk of human rights
violations is most pronounced among workers
further down the value chain, particularly in
cases involving forced labour and unequal
rights. We have more control over the suppliers
in the value chain the closer they are to
us. That is why we work systematically on
registration, control, and follow-up via audits
and further development of the collaboration
with our suppliers. This is further elaborated on
in the section “Our governance”.
Anti-corruption and bribery
As a global Group of companies, we assess
corruption risks in some of the countries
in which we operate. AVK does not accept
any kind of action that may be considered
corruption or bribery. We have zero tolerance
for such incidents and consider it a gross
misconduct that may result in disciplinary
actions. The management of all our companies
have signed our compliance manual with a
requirement of compliance with national and
international laws on anti-corruption and
bribery. We will address this in the section “Our
governance”.
The AVK Sustainability Policy
We recognise that our global presence
requires high ethical standards throughout
our organisation and in all our actions.
We want to be a responsible and credible
company with the ability to balance
economic, environmental, and social
matters.
This means that:
• The AVK Group supports the UN
Sustainable Development Goals (SDG).
Our main area of attention is the goals
relating to clean water and sanitation
(SDG 6) and industry, innovation, and
infrastructure (SDG 9) as these areas
represent our core business. In addition,
AVK also contributes to other goals. We
consider SDG 17 on partnerships for
sustainable development to be crucial to
achieving the other SDGs.
• We ensure that sustainable initiatives
are fundamental to our production
and that we have a healthy and safe
work environment. We focus on the
environment and long-lasting solutions
and have achieved certifications that we
are proud of:
• ISO 9001 – Quality management
• ISO 29001 - Quality management in
the oil and gas industry
• ISO 14001 – Environmental
management
• ISO 45001 – Occupational health
and safety
• ISO 50001 – Energy management
AVK Sustainability report 2023/2024 | 19
