Environment and Climate Impact
Contributing to a better environment and reducing climate impact is at the top of our agenda. We measure and reduce our consumption of energy and consumables, optimize business travel and adapt requirements when making purchases of goods and services.
Ratos’s significant environmental impact is created through its companies. Ratos expects every company to identify its environmental impact and implement an environmental policy. The companies’ sustainability reports contain information concerning climate impact, energy consumption, waste management and water consumption. Our companies have integrated a sustainability focus into their operations. One of Ratos’s sustainability focus areas is to increase the share of climate- reporting companies. Framework agreements for climate reporting systems and support are offered to all companies to facilitate their work. During the year, ten of the 13 companies in the Ratos Group conducted climate reporting. The target is for all of the Ratos Group companies to conduct climate reporting from 2022. In 2021, a Group-wide initiative was carried out to implement the new EU Taxonomy. Training and support for how reporting is to be conducted pursuant to the new requirements took place for all of the companies in the Ratos family.
A growing number of retail companies and brands are setting goals for reducing their use of plastic. HL is part of the solution.
It has become the first company in the world with a similarly sized range to launch an initiative for sustainable retail design using renewable or recycled materials: HL Sustainable Choice.
The concept and solution were the result of a collaboration with the IVL Swedish Environmental Research Institute and the Royal Institute of Technology in Stockholm, Sweden. Its purpose is to identify recycled and bio-based materials that have the right characteristics in order to create a high-quality product.