SWEP Sustainability Report 2020

A note from our President

Our first priority is people’s safety

During my 19 years at SWEP, looking after the safety and wellbeing of our staff has always been a top priority. As the COVID-19 pandemic continues to cause chaos throughout the world, the importance of protecting people has become even clearer. At SWEP, we acted quickly and decisively to protect our staff and their families from the virus. We put together a multi-level task force that helped us disseminate best practices throughout the company. At the same time, this setup also let individual sites make the safety decisions most appropriate to their own circumstances, taking into account advice and regulations from their local governments. The result has been a comprehensive yet flexible response, involving social distancing, working from home, protective equipment, and hygiene initiatives wherever appropriate. The pandemic has had an impact on all of us, how we work and how we are able to live our lives. At SWEP, we have done all we can to stay safe, but also to help each other stay motivated, engaged and positive. While doing so, we've also endeavored to help our customers through this rough year. A key reason why we’ve adapted well to the challenges of 2020, I believe, is that we know that the work we do makes a positive impact on the world. We make products that improve resource efficiency and enable renewable energy. Even with the singularly tough business conditions in 2020, the demand for these qualities continued to grow. The drive towards fossil- free energy is accelerating, and that offers opportunities (in both legacy business and new markets) for us to contribute to a cleaner planet. Innovation and efficiency are at the heart of what we do, and we’ve continued to bring these values to the world in 2020. By constantly upgrading and fine-tuning our solutions, we provide our customers with increasing levels of efficiency. We’ve found inventive ways to reduce our own carbon footprint too. For example, we have adopted greener logistics and delivery options, and found innovative ways to save energy (our Landskrona plant’s involvement in the ectogrid™ project is a great example of this). It’s been a unique year with unique challenges, and I’m proud of the way we’ve adapted and persevered without compromising our sustainability principles. These principles are exemplified by our ongoing commitments to the UN Sustainable Development Goals, and to becoming a carbon neutral organization by 2030. Our dedication to sustainability is relentless, so let’s continue our excellent work together.

At SWEP, we have done all we can to stay safe, but also to help each other stay motivated, engaged and positive.

Ulrika Nordqvist, President SWEP