Work on sustainability issues is an integral part of Nolato’s strategy for growth and value creation and is a natural part of our day-to-day work.
Scenic view close to Nolato’s headquarters in Torekov, Sweden
RESPONSIBLE BUSINESS CONDUCT
Nolato and sustainable development
Preventive and targeted initiatives enable Nolato to create value for customers, employees, shareholders and other stakeholders. Our objective is to be customers’ first choice within sustainable development.
Nolato’s sustainable development strategy is focused on addressing challenges in the near future, while equipping ourselves to respond to future expectations and requirements. It encompasses targets and activities within social responsibility, business ethics, financial responsibility and the environment. An important aspect of the strategy is taking a systematic approach to developing resource-efficient production methods and products with a small carbon footprint.
Nolato is moving in the right direction within these areas, but the challenge of improving products’ environmental attributes requires continued in-depth cooperation with raw material suppliers and customers.
For Nolato, sustainable development means:
Preventive measures:
Nolato should be the experts regarding the impact of our business on people, the environment and society. Risks and costs can be reduced through preventive measures, risk analysis and investments in modern technology.
Responsibility and transparency:
Nolato complies with international guidelines, principles and standards for sustainable development, including via being a signatory to the UN Global Compact. The long-term targets set out the road map for our sustainability work and our progress and setbacks are reported transparently, according to international standards for sustainability reporting.
Reduction of carbon emissions:
The key strategic issues for Nolato are reducing the carbon footprint from raw materials, production plants and products, and preparing ourselves for the impact of climate change on the Group’s value chain.
New business opportunities:
We generate environmental and business benefits by developing innovative products with a smaller carbon footprint.
2021 highlights
Nolato’s sustainability work was only marginally affected by the global pandemic and many initiatives were able to continue as planned. However, there were fewer training courses and in-person meetings with customers than in previous years. Climate change and the role of plastics in society continued to be topics of concern for the Group’s stakeholders. This was reflected in a number of customer projects relating to bio-based or recycled plastic raw materials. Positive results were also achieved in other areas such as energy efficiency, health and safety, and social responsibility.
Annual Report 2021 with the Sustainability Report
Earlier sustainability reports
select year
Glenn Svedberg
Group Sustainability Director
The Nolato Spirit
Nolato has a long tradition of responsible business conduct. It’s part of our com-pany’s spirit to be a good employer and corporate citizen, to take responsibility for what we do and always apply sound business ethics. We believe that a future-oriented, responsible approach is not only necessary from a sustainability perspective, but also creates opportunities and business benefits. Especially when combined with our firm focus on efficiency and professionalism.
ABOUT US
The Nolato Spirit
Nolato believes that living by strong values is the key to good business. That is why these core values are at the heart of every decision the company makes.
Customers’ expectations of Nolato
Customer expectations and requirements are gradually changing and are affected by legislation in different countries, particularly by new approaches to sustainable development within business.
Customer requirements for the introduction of ISO 14001, the phasing-out of hazardous chemical substances and compliance with specific legislation have been in place for some time. The same is true regarding requirements for a code of conduct and for customers’ and Nolato’s sustainability aims to be passed further along the supply chain.
Customer interest in recycled and bio-based raw materials is increasing and enquiries about the carbon footprint of products are growing. During the year, a rising number of customers used the CDP (Carbon Disclosure Project) reporting system to obtain detailed information about the carbon footprint from the manufacture of their products at Nolato’s production plants.
Integral part of our business model
Nolato’s sustainability work is a natural element of our business concept and business model, and by creating safe and stimulating workplaces, minimizing environmental impact and generating lasting value for our shareholders and stakeholders, Nolato is benefitting both business and society.
Customers often approach us with a concept or an initial sketch of a new product, and by becoming actively involved in the development process, Nolato is able to help ensure functional, cost-effective products reach the market. Traditional success factors include experience, knowledge of the materials and processes, involvement early on in the project, expert project management and a sound knowledge of customers and markets.
One increasingly important success factor is that our knowledge of sustainable production methods can help reduce the carbon footprint of our customers’ products. We can make a real difference by presenting sustainable solutions relating to choice of raw materials, product design, production technologies and transportation. Greater use of bio-based and recycled polymers reduces our carbon footprint from a life cycle perspective. Product design for sustainable development can help make the products easier to recycle and/or extend their lifespan. We are prepared to decline assignments that are incompatible with our sustainability ambitions.
STORIES
Nolato’s new Head of Sustainability
Sustainable development is one of the most important aspects of running a business today. It’s about continually reducing the company’s negative impact on people and the environment, or simply taking on our share of responsibility.
STORIES
Shrinking our carbon footprint
Nolato is cutting its global carbon emissions by purchasing renewable electricity in China, taking an important step towards the target of reducing its carbon footprint by 80% by 2025.
STORIES
Nolato purchases electricity from new solar farm in southern Sweden
As a further step towards sustainable operations, Nolato purchases electricity from new solar farm in southern Sweden.