Sustainability Governance

SUSTAINABILITY GOVERNANCE

BE Group’s Board of Directors bears ultimate responsibility for sustainability efforts and continuously monitors that operations meet the statutory and regulatory requirements imposed on the company. The Board of Directors has delegated the establishment of the framework for sustainability work to the Group Management Team and the Board of Directors regularly reviews the work through the Audit Committee. The Group Management Team handles strategic issues, targets, follow-up and communications. The managing director of the respective unit bears the operating responsibility and sets local goals and plans that are subsequently followed up by the Group Management Team. This work is held together by a sustainability coordinator who reports to the President and CEO.

Policy and code of conduct

BE Group is supported by several policies and guidelines in its sustainability work: such as the code of conduct, core values, environmental policy, information policy, Safety first policy, anti-corruption policy, sanction policy, the code of conduct for suppliers and the whistleblower policy. Subsidiaries shall comply with these ethical guidelines and policies and the managing director of each company is responsible for their application in the operations.

BE Group’s code of conduct provides guidelines for business ethics and anti-corruption, and this is complemented with an anti-corruption policy. The policy has been translated into the local languages within the Group and clarifies the Group’s framework and rules of conduct.

The company’s whistleblower service is published on the website and BE Group has a policy to meet the requirements in each country in which the company operates. A whistleblower committee receives and handles possible cases together with an external advisory party.

Dialogue with key stakeholders

BE Group strives to maintain an open dialogue with its identified key stakeholders to ensure that their needs and expectations are met. Their insights provide valuable input for the company’s ongoing development. The following stakeholder groups have previously been identified: customers, employees, shareholders, suppliers, and society. Dialogue with these groups has been conducted through, among other channels, personal meetings, customer and employee surveys, supplier meetings, investor events, networks, collaboration projects, and union consultations. Stakeholder dialogue is carried out on specific issues based on the need to understand stakeholders’ perceptions of the company, to provide relevant information, and to address stakeholders’ needs. 

Investors and owners expect the company to act responsibly and to work proactively to ensure a resilient and sustainable business. Customer surveys are conducted regularly.