Committing to Sustainable Development Goals
We have defined our most significant impacts with regard to the UN Sustainable Development Goals. Our environmentally sound technologies can make our customers’ operations more sustainable, and we take action every day to combat climate change. We have integrated the SDGs into our Sustainability Agenda 2020 and GRI Index.
In September 2015, the United Nations launched the 2030 Agenda for Sustainable Development as a framework for shared action for all countries, companies, NGOs and other stakeholders. The Agenda includes 17 Sustainable Development Goals (SDGs), which set out a global development agenda for 2030, with objectives for social, economic and environmental dimensions. As part of our commitment to the Agenda 2030 and the SDGs, we have identified the most relevant goals for us, and examined our impacts on them.
Defining our impacts
Outotec’s impacts on the SDGs were analyzed through an internal workshop, involving members of our extended Sustainability Working Group. The team identified the most important SDGs for each of Outotec’s most material topics. The core Sustainability Working Group summarized the results based on the aggregated outcome, and voting at the workshop. Eleven of the SDGs were identified as most relevant overall, with two SDGs where we have indirect impact. The analysis and approach to the SDGs were presented to the Executive Board, who approved our commitment.
Outotec’smost significant impacts on the SDGs are created by our technologies. By putting safety first, we reduce the risk of accidents relating to the use of our technologies. Applying our technologies also reduces the pollution and contamination of air, water and soil (Goal 3).
In line with the goals set by the UN General Assembly, we upgrade our customer’s operations to make them more sustainable (Goal 9), while also improving energy efficiency (Goal 7), keeping resource efficiency in the forefront. Through our offering and the development of our technologies, we support actions to combat climate change every day (Goal 13). We also increase the efficiency of water use by reducing the amounts of fresh water needed in our processes, and by increasingly recycling and safely re-using water, thus decreasing the amounts of wastewater (Goal 6). With our solutions for renewable energy, we help to make cities more sustainable by enhancing sustainable urbanization (Goal 11). With equal opportunities as one of our most material topics, our sustainability targets aim to increase women’s opportunities for leadership to promote gender equality (Goal 5).
We also cooperate with universities on R&D (Goal 4), and drive technological upgrades and innovations that will improve resource efficiency in production (Goal 8). By requiring sustainable practices along our supply chain, we promote the wider adoption of sustainable management practices, thus enabling our clients to use natural resources efficiently (Goal 12). We have zero tolerance for corruption, and continuously train our own employees on anti-corruption topics, while also requiring compliance from our business partners (Goal 16).
In addition to the above, we have identified an indirect impact of our partnerships with our customers, suppliers, and other business partners (Goal 17) towards two SDGs in connection with our business operations. Further, Outotec is firmly committed to the principle of equal opportunities, and implements non-discriminatory company policies and practices globally (Goal10).
By developing and delivering our technologies we take action to combat climate change every day.
Our targets towards SDGs
To measure our commitment and contribution to the SDGs, we have integrated the SDGs into our own Sustainability Agenda. Our long-term targets reflect our core value ‘Commitment to sustainability’, and we have found that our most material topics also closely reflect the goals set in the UN’s global 2030 Agenda for Sustainable Development:
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We plan to update our Sustainability Agenda 2020 during 2017 to include longer-term goals in line with the SDGs.