Policies and reporting guiding sustainability

SRV’s values form the strong foundation on which we build our operations:

• We are a company people enjoy working with.
• Our professional expertise delivers results.
• Our enthusiasm carries us forward.

Code of Conduct and responsible partnership

SRV’s Code of Conduct provides a sustainable basis for all our activities. Responsible conduct helps ensure that SRV continues to be regarded as a trusted and valued partner among clients, subcontractors and other stakeholders.

Sustainability programme and the ESG framework

SRV’s key sustainability themes are brought together in a sustainability programme that follows the ESG framework. The aim is to support the implementation of strategic objectives and strengthen business competitiveness in a changing operating environment. SRV also seeks to be an innovative and continuously developing professional in sustainability matters.

Sustainability policy and practical guidelines

SRV’s sustainability work is guided by the company’s sustainability policy, published on 1 December 2023.
Read more:

• SRV’s sustainability policy

Practical guidelines complement and clarify the principles outlined in SRV’s Code of Conduct and company policies. SRV also requires subcontractors and other partners to comply with the Code of Conduct.

Governance and responsibilities

The Board of Directors approves sustainability-related policies and principles and is committed to the targets set in the sustainability programme. The Corporate Executive Team is responsible for sustainability work, which is led by the Senior Vice President, Development. Practical work is carried out by the Sustainability and HSEQ Manager in cooperation with the business units and support functions. Safety development is led by the HSEQ Manager, and environmental matters are overseen by the Environmental Manager.

Sustainability reporting

SRV’s sustainability reporting is based on relevance and clarity. We comply with statutory and industry-wide reporting requirements and provide timely and understandable information to support decision-making for both internal and external stakeholders. The information needs of investors and financiers continue to grow, making sustainability data an increasingly important part of business decisions.

Risk management and legislation

Changes in legislation, such as amendments to the Accounting Act and the new Corporate Sustainability Reporting Directive (CSRD), require more precise identification and management of sustainability-related risks. SRV’s risk management function is responsible for identifying, reporting and managing these risks.

Strategic risks relate particularly to the impacts of climate change, while operational risks include environmental harm, accidents, the grey economy, working conditions in the supply chain and reputation. Respect for human rights is also part of the risk assessment process.