Sustainable Development Goals

Sustainable Development Goals

UN GLOBAL GOALS

Via Agenda 2030, the UN has set 17 Sustainable Development Goals (SDGs). The goals include financial, social and environmental values. To achieve these goals, governments, civil society and business need to work together. The Stena Group works actively to ensure that its activities contribute to achieving the SDGs.

By integrating sustainability in the Stena Group’s core activities, Stena contributes in a positive way to achieving the Sustainable Development Goals. Yet Stena’s activities also have a certain negative impact on the SDGs. Below, the SDGs with greatest relevance for the Stena Group are presented. For each SDG, there is a summary of the Group’s impacts and risks, as well as a link to Stena AB’s four focus areas.

 

#5 Reduced inequalities

Stena’s focus area:

Employees

 

Relevant targets for Stena AB:
5.1 Eliminate discrimination of women and girls
5.5 Ensure full participation of women in leadership and decision making positions

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  • Stena is dedicated to achieving a better gender balance throughout the company. All business areas have the goal of achieving a better gender balance in their boards and management groups.
  • Compliance with Stena’s code of conduct and policies will prevent discrimination.

  • Stena is active in several sectors where it is – and has been historically – a challenge to get a good gender mix among the employees.

 

 

#7 AFFORDABLE AND CLEAN ENERGY

Stena’s focus area:
Environment

 

Relevant targets for Stena AB:
7.3 Double energy efficiency
7.2 Increase the use of renewable energy globally
7.A Ensure access to research and technology and invest in clean energy

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  • In its maritime activities, Stena has begun to conduct sea transport on alternative fuels, electrification and energy-efficient tonnage. The use of shore-side electricity for Stena Line’s vessels began more than 30 years ago (1991).
  • Stena Property aims to reduce its climate footprint by half up to 2030, compared to the 2018 level. Another goal is to increase the number of properties that are self-sufficient on renewable energy, aiming for ten properties by 2024.
  • Blomsterlandet is set to reduce energy consumption in its properties and is also increasing the production of electricity through solar panels on the properties they owns.
  • More and more of Stena’s activities are solely based on green electricity, and the transition to climate-neutral transport is ongoing.

  • Many of Stena’s activities use large amounts of energy and fossil fuels, leading to significant emissions of greenhouse gases.

 

#8 DECENT WORK AND ECONOMIC GROWTH

Stena’s focus area:
Employees and community

 

Relevant targets for Stena AB:
8.2 Promote economic growth through diversifying, technological innovation and upgrading.
8.4 Improve resource efficiency in consumption and production
8.5 Full employment and decent working conditions with equal pay for equal work
8.6 Promote employment, training and internships for youths
8.7 Eradicate forced labour, trafficking and child labour
8.8 Protect employee rights and promote safe and secure working conditions for all

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  • Stena’s corporate culture is characterised by care and inclusion, which strengthens the company’s position as an attractive employer and increases the level of engagement among employees.
  • Stena’s Code of Conduct sets requirements for decent working conditions and these are integrated into the contracts between Stena and the shipyards. During most of the shipyard projects, Stena has its own staff on location. This makes it easier to ensure that the contract terms are respected.
  • Stena conducts ambitious and pro-active safety work in all of its operations. Relevant policies are in place and all employees are regularly trained in order to maintain safe operations.
  • Through responsible and growing business operations, Stena contributes to value -adding and economic growth wherever the company operates in terms of taxes and employment, among other things, for thousands of people all over the world.
  • Stena strives to promote youth employment by hiring 300 summer workers every year at Stena Property. Projects within the framework of Relationship Management promote employment by offering internships, for example.

  • Stena is a global operator, with activities in tough onshore and offshore environments, which presents risks related toworking conditions, and the health and safety of employees, suppliers and customers.
  • Stena uses shipyards located around the world for construction and repairs, where there is a potential risk that Stena’s demands on working conditions and safety routines are not always adhered to in the supplier chain.

 

#9 INDUSTRY, INNOVATION AND INFRASTRUCTURE

Stena’s focus area:
Environment, Employees and Community

 

Relevant targets for Stena AB:
9.1 Create sustainable, resilient and inclusive infrastructures
9.5 Increase investments in research and technological capacity within the industry sector
9.4 Upgrade all industry and infrastructure for increased sustainability

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  • The various Stena companies make important contributions to society, such as transport, electricity generation and technical development
  • Maritime transport is a climate-effective freight consignment method, compared with many types of land-based transportation, and will be an important means of transport in a sustainable society. Maritime transport is needed for maintaining vital infrastructure and ensuring access to goods essential for fulfilling people’s most vital needs.
  • Stena’s vessels are testbeds for new innovation and the transition to sustainable infrastructure. Examples include the AI pilot at Stena Line.
  • Stena develops new collaborations and promotes strategic port locations/routes, in order to offer customers several intermodal alternatives for Stena Line’s customers.

  • Stena’s maritime activities generate emissions that degrade air quality and can contribute to excessive noise, among other things.
  • The maritime fleet can only be replaced over a long cycle, and Stena traditionally maintains its vessels for long-term use (between 15-40 years). This extended use of well-maintained assets is positive. However, the rate of technical development within shipping is high, so using older tonnage may be a drawback from a sustainability aspect, with a negative impact on the goal of upgrading to sustainable infrastructure

 

#11 SUSTAINABLE CITIES AND COMMUNITIES

Stena’s focus area:
Environment, Employees and Community

 

Relevant targets for Stena AB:
11.1 Safe housing at affordable prices
11.3 Inclusive and sustainable urbanisation
11.6 Reduce the negative environmental impact of cities
11.7 Create safe and inclusive green areas for all

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  • Stena Property provides secure homes for many families from different backgrounds. Based on providing rental properties, affordable homes are ensured for many people. Stena also invests in developing new types of housing. These include Co-living, which offers private bedrooms and bathrooms, but where the tenants share other spaces with the other residents. This type of housing is mainly a way to provide young people with housing, as the housing queues in the cities are long while credit restrictions can make it difficult for them to enter the housing market.
  • Active responsibility for the positive development of the communities/areas where Stena Property operates. This covers both the social dimension and the environmental dimension; i.e. ensuring that constructions and renovations are as sustainable as possible. The work also includes involving residents in designing green areas and outdoor spaces outside the properties.

  • Climate and environmental impacts from Stena Property, such as energy use, transport, biological diversity, waste handling and water use, and stormwater management.
  • In many cities where Stena Property are present, there are challenges with social instability, insecurity, economic vulnerability and alienation.

 

#12 RESPONSIBLE CONSUMPTION AND PRODUCTION

Stena’s focus area:
Environment and Community

 

Relevant targets for Stena AB:
12.5 Substantially reduce the amount of waste
12.2 Sustainable management and use of natural resources
12.4 Responsible management of chemicals and waste
12.8 Raise public awareness of sustainable lifestyles

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  • Stena Line has the goal of improving waste handling and increasing recycling of materials by 2.5% per year. They have also been working actively for many years to increase the proportion of eco-labeled cleaning products on board, in 2020 64% of all the cleaning products on their vessels operating in Scandinavia were eco-labeled
  • Blomsterlandet continuously trains it staff so they inform and their customers about how to carry out sustainable gardening. They also work actively with increasing the amount of waste that can be recycled, and, along with its suppliers, evaluate if they can reduce the amount of packaging in goods delivery.
  • Blomsterlandet aims to contribute to, and wants to assist its customers in, making sustainable purchases. As an example, sales of products with the KRAV label have increased, including plants appreciated by pollinators – something that contributes to biodiversity.

  • Use of plastics and chemicals in both marine and onshore activities, and the increase in demand for disposable plastic items as a consequence of the pandemic.

 

#13 CLIMATE ACTION

Stena’s focus area:
Environment and Community

 

Relevant targets for Stena AB:
13.1 Strengthen the resilience against, and ability to adjust to, climate related catastrophes
13.3 Increase knowledge and capacity to manage climate change

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  • Stena has great focus on minimising greenhouse gas emissions. Several of Stena’s business areas in shipping are working on trying out different renewable alternatives, as well as electrification, both internally and along with partners. They are also working on action plans in order to proactively manage the challenges related to this area.

  • Many of Stena’s activities consume large amounts of fossil fuels, leading to green- house gas emissions.
  • Stena has a need to extend the time perspective concerning the impact of climate-related risks on its activities, and to increase knowledge and capacity for the handling of these risks

 

#14 LIFE BELOW WATER

Stena’s focus area:
Environment

 

Relevant targets for Stena AB:
14.1 Reduce marine pollution
14.3 Reduce ocean acidification
14.2 Protect and restore eco systems
14.C Implement the UN convention on the Law of Sea

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  • Stena strives to reduce its impact on marine ecosystems by working continuously to minimise risks of oil spills through proactive measures and staff training.
  • Installation of ballast cleaning systems on the vessels also substantially reduces the risk of disrupting marine eco systems.
  • For many years, Stena has been using only environmental friendly hull paints on its vessels .
  • Since the start, Stena has supported the Ocean Health Index, which is the UN’s recommended index to measure the health of the world’s oceans. Stena is also part of the “Friends of The Ocean” initiative, which is supported by the UN and the World Economic Forum.

  • Stena’s maritime activities have a negative impact on marine ecosystems via emissions to water, disruption of marine ecosystems, noise and the potential risk of oil spills.

 

#15 LIFE ON LAND

Stena’s focus area:
Environment

 

Relevant targets for Stena AB:
15.5 Protect biodiversity and natural habitats
15.8 Prevent invasive foreign species on land and in marine eco systems
15.A Increase financial resources in order to protect and use eco systems and biodiversity in a sustainable way

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  • Stena undertakes environmental impact assessments (before new constructions), sets requirements for its suppliers and adheres to the Ballast Water Management Convention.

  • Stena’s shore-based and maritime activities present the risk of negative impacts on ecosystems and biodiversity.

 

#17 PARTNERSHIPS FOR THE GOALS

Stena’s focus area:
Community

 

Relevant targets for Stena AB:

17.17 Encourage efficient partnerships

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  • Stena seeks to be an active and dedicated corporate citizen that contributes to positive social development. Stena supported direct and indirect the work performed by organisations
    in civil society and academia with an amount of SEK 24 million in 2020.
  • Stena is a member of the Maritime Anti- Corruption (MACN) network, which seeks to reduce corruption in the shipping industry.
  • Examples of collaborations related to sustainable development is the Swedish Shipowners’ Association and several other nations’ shipowner associations (the UK Chamber of Shipping, the Royal Association of Netherlands Shipowners), ECSA (European Community Shipowners’ Associations) and Lighthouse. Blomsterlandet, together with the Swedish Society for Nature Conservation and Stena Property, collaborates with the Red Cross and local City Missions in Sweden.