Sustainability

We are in business to create a sustainable future and ongoing value, not only for our customers, partners and stakeholders, but also for society at large. We want to grow for the benefit of our shareholders and our employees as well as for the well-being of society and the environment in which we live and work. In this rapidly changing world, sustainability has to be integrated into the way we do business, targeting those areas where we can have the most impact. In doing this, we align with the most widely used definition of sustainability that was introduced by the United Nations (UN) in 1987: meeting the needs of the present without compromising the ability of future generations to meet their own needs.

Transitioning towards a more sustainable and resilient SHV family of companies, requires taking an integrated approach that recognises that these challenges - and their solutions - are interrelated. Our Groups work on multiple topics, some of them specific to their industry or geography. However, we can have more impact on some topics when we approach them together. As such we have defined three focus areas that contribute to SDG 8, 13 and 17. These topics were carefully selected after conducting a materiality assessment with more than 5,000 stakeholders and with backing from all SHV Groups.