Veoneer is focused on supporting the United Nation’s Sustainable Development Goal #3 — halving the number of global deaths and injuries from road traffic accidents.
Environment:
Our Board of Directors have set ambitious targets related to the climate:
- Carbon neutral in own operations by 2030 (own manufacturing and tech centers)
- Carbon neutral products by 2039 (from sourcing to disposal)
- Carbon neutral company by 2040
More goals set to limit our environmental footprint:
- 100% of our manufacturing facilities are ISO 14001 certified
- Reduce waste
- No significant spills and fines
Social:
Veoneer business is to deliver automotive safety electronics that car manufacturers and drivers can trust with their lives if necessary.
Priority focus is placed on preventing quality defects from impacting both Veoneer’s customers as well as the end-consumer.
- Non-conforming events, serial (NCE-S) – 15% annual reduction
- Non-conforming events, prototype (NCE-P) – maintain actual level
Veoneer’s goal is to offer a healthy workplace with zero workplace accidents where people can grow.
- Incident rate, measured as number of reportable injuries per 200,000 employee hours of exposure: 2.0
- Severity rate, measured as total days away from work due to a work-related reportable injury and/or illness below 20.0
Governance:
Veoneer has high ethical standards and a number of targets have been set in order to maintain and foster a culture of highest ethical standards.
- 100% Annual Code of Ethics Certification
- No legal or regulatory fines, or settlements associated with violations of bribery, corruption, or anti-competitive standards
A number of e-learnings have been created and our associates are expected to conduct the following trainings periodically as per Company Compliance Program.
| Course Name | Targeted Trainees |
|---|---|
| Code of Conduct | All indirect employees* |
| Records Management | All indirect employees* |
| Conflicts of Interest | All indirect employees* |
| Whistle-blowing | All indirect employees* |
| Anti-Corruption & Anti-Bribery: Beating Bribery | Targeted positions** |
| Antitrust: Competing Fairly | Targeted positions** |
| Preventing Discrimination and Harassment in the Workplace | All indirect employees* |
| *All indirect employees: employee with computer **Targeted positions: sales /account management / purchasing / Managers, Directors, Executives / logistics/production control / customs / compliance / internal audit / head office / human resources / legal / engineering / quality. Plus any employee interacting with emerging markets (e.g. individuals in machine build, APS central group, Finance Central group, etc.) |
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