Sustainability

Understand the real value of the business

Stena’s sustainability work is based on the Group’s common values, and is focused primarily on issues related to the environment, safety, community involvement and employees.

The Stena Group contributes to society in various ways. Activities in Shipping and Ferry Lines involve the transportation of goods, vehicles, raw materials and passengers. The transport stimulates increased trade and ensures that some of the global energy needs are met. Stena is also a major producer of renewable electricity in Sweden and provides many people with safe accommodation in the Group’s properties. Stena companies provide work for 15,000 people and they are important as customers of many suppliers in the shipping industry, particularly shipyards where newbuildings are carried out.

Priority sustainability issues The sustainability issues identified as most important for Stena are related to the environment, safety, community involvement and employees. This report presents examples of how Stena AB works on sustainability in these areas. Environmental sustainability is mainly about energy efficiency measures on land and at sea aimed at reducing consumption and therefore the impact on the environment. Shipping is the most environmentally friendly mode of transport in relation to cargo volume, and about 90% of world trade is conducted over the oceans. However, there are major advantages – both environmental and economic – to be gained from improving the efficiency of operations and reducing energy consumption.

Innovation and new approaches are an important part of the work in this area. Stena has a vision of zero accidents and systematically prioritises safety work in order to safeguard the work environment for employees, and also to increase the safety of passengers and transported goods, and accommodation in the Group’s properties. Stena is involved in and takes responsibility for society and the development of the industries in which it operates. Community involvement is demonstrated by a long list of local activities in the areas where the Group’s companies operate and by support of selected international projects. The focus is on engagement where there is a reciprocal exchange. Employees are the Group’s most important asset. Stena works to ensure its employees are developed and emphasises how important it is that they should have the right skills.