Scenic view close to Nolato’s headquarters in Torekov, Sweden

RESPONSIBLE BUSINESS CONDUCT

Long tradition of sustainability work

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.

Nolato developed a tradition of responsible business conduct at an early stage, and caring about people and the environment became a natural element of this work right back when the company was first established in 1938. Today this responsible approach is described in the Group’s values document, The Nolato Spirit, and the concept of sustainable development is firmly rooted in the company’s strategy plans as well as day-to-day operations.

 

A systematic and targeted approach

Nolato’s commitment to sustainable development has its origins in fundamental work within health and safety and the environment. Satisfying legal requirements within these areas was naturally important for Nolato’s management, but from an early stage they realized the importance of working systematically and with a future-oriented approach.

  • In the 1990s several important steps were taken, for example Nolato was quick to introduce the certified environmental management system (ISO 14001) at its production plants.
  • In the 2000s, work was developed and intensified in several areas to include a clearer strategy and long-term sustainable development targets.
  • In 2010, sustainability work was linked to the ten principles in the UN Global Compact and in 2016 to the 2030 Agenda and the Sustainable Development Goals. 

Transparency has gradually increased, and over the past 11 years Nolato has published sustainability reports according to global guidelines and standards. The latest issues of the sustainability report kan be read or downloaded on this page.

2020 in brief 

Despite the global pandemic, there was a continued strong interest in sustainability issues. Nolato’s sustainability work was marginally affected by the pandemic, and essentially all scheduled measures were carried through. Updates to our Code of Conduct and policies, along with new sustainability targets demonstrate our persistently high level of ambition. Climate change and the role of plastics in society continued to be a topic of concern for the Group’s stakeholders. 

Several projects were implemented, with the aim of increasing the use of bio-based plastics and recycled plastic raw materials. Progress and positive results were also achieved in other priority areas such as energy efficiency, health and safety and social responsibility. 

The Group’s sustainability work was reported to the Global Reporting Initiative (GRI), UN Global Compact and Nasdaq Listing Center (ESG; Environment, Social, Governance). Separately, we also reported under the Carbon Disclosure Project (CDP). 

Further work

In 2021 we will continue to work with our customers on the goal of developing products with a lower carbon footprint that contribute to a circular economy. Nolato will offer sustainable alternatives relating to choice of raw materials, product design, production technologies and transportation. We will forge ahead with internal measures on effective use of resources and preventive activities that make for a safer, more stimulating work environment. 

Work to adapt to the EU taxonomy for sustainable activities and introduce TCFD guidelines (Task Force on Climate-related Financial Disclosures) has been initiated and will continue throughout 2021.

our sustainability report

select year

OUR VALUES DOCUMENT

Glenn Svedberg, Director of Sustainable Affairs Nolato

Glenn Svedberg

Director of Sustainable Affairs

Focus on the near future

The key strategic issues for Nolato are reducing the carbon footprint from raw materials, production plants and products, along with preparing ourselves for the impact of climate change on the Group’s value chain. Our sustainable development strategy is therefore focused on addressing challenges in the near future, while equipping ourselves to respond to future expectations and requirements. The strategy encompasses targets and activities within social responsibility, business ethics, financial responsibility and the environment. It includes the following areas: 

  • We aim to create business opportunities through responsible conduct and transparent communication. Opportunities are created for us and our customers through resource-efficient production methods and the development of products with a low environmental impact. 
  • We reduce risk and costs through preventive measures, risk analysis and investments in modern technology. Issues relating to energy and carbon emissions are particularly prioritized and are subject to long-term targets. Regarding the use of materials, we aim to increase the percentage of recycled plastic raw material and the use of bioplastics. 
  • Using ISO standards and concepts such as lean manufacturing, Medical Excellence and 5S, we create a systematic approach to, and credibility for our sustainability work. 
  • We involve our employees through a safe, gender-equal and stimulating work environment. Sustainability work should be a factor that encourages new employees to apply to the company. 
  • Nolato is a good corporate citizen and reliable business partner through the company’s application of sound business principles and good ethics. Preventing corruption is an important aspect of this work and something we have undertaken in accordance with the principles of the UN Global Compact. 
A green heart

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. 


More to read

STORIES

Design for the environment

Ensuring at the development phase that a new product is easily recyclable is one of the most effective ways of making it environmentally sustainable.

STORIES

Working for a sustainable future

Constantly ensuring that everything Nolato does is sustainable and in harmony with the environment, social responsibility and business benefit is vitally important to us.

STORIES

Smaller carbon footprint from plastic pharma containers

A life cycle analysis shows that replacing glass with plastic containers can significantly cut the carbon footprint.