Ethics and Sustainability Board
The Group has an Ethics and Sustainability Board, which establishes the principles for the Group’s sustainability work and follows up cases of alleged non-compliance with Securitas’ Values and Ethics Code. The board meets regularly and comprises the Group’s President and CEO, SVP General Counsel, SVP Group Communications and People, Chief Business Ethics Compliance Officer, and Group Sustainability Officer. In 2022, we also formed a Sustainability Council.
The council consists of two parts:
- At the top level is the Executive Board, with the divisional presidents and function heads as members and the Group’s President and CEO as chairman. The Executive Board is supported by the sustainability leaders from each division/function.
- The Sustainability Council executes on Securitas’ sustainability strategy, follows up and advice on progress of ongoing sustainability initiatives to achieve the agreed sustainability targets, and ensures that the sustainability activities contribute to business value. The Sustainability Council meets quarterly.
Our system for managing our work related to environmental, social and governance areas comprises six key components:
1. Securitas’ Values and Ethics Code
One of the company’s most important policies, Securitas’ Values and Ethics Code stipulates the basic principles that Securitas expects its employees and business partners to always follow.
2. Employee training
All Securitas employees undergo training in Securitas’ Values and Ethics Code. An in-depth training program is available in over 30 different languages, either as an e-learning course or a classroom training. Relevant employees also receive training in other core policies, such as the anti-bribery and anti-corruption policy.
3. System for reporting non-compliance
The Securitas Integrity Line is a Group system used for reporting cases of non-compliance with Securitas’ Values and Ethics Code. All employees are encouraged and expected to report any cases of non-compliance, with the assurance that the reporter will not be subjected to any negative consequences. Also external parties can file reports in the system.
4. Risk management
Securitas’ enterprise risk management process includes deciding on the Group’s major risk focus areas for the coming years. These are risks that Securitas’ Group Management assigns special focus, including regular follow up. Among the major risks are non-compliance in the business ethics area, not being able to increase diversity and inclusion, and not being able to meet environmental targets.
5. Monitoring
To meet the demands of clients and other stakeholders with respect to increased transparency and communication, Securitas AB publishes a sustainability report that follows the Global Reporting Initiative (GRI) Universal Standards. KPIs are tracked and followed up on a regular basis.
6. Group Sustainability Officer
The Group Sustainability Officer leads the Group’s ongoing sustainability work and, in addition to following the regular reporting line, also reports to the Board of Directors’ Audit Committee.
Other responsibiities
Responsibilities include coordination of sustainability activities across the Group, which involves working closely together with other core functions. Other responsibilities include stakeholder engagement on sustainability issues and supporting the business in sustainability matters.
