Management approach

SCA’s overall management approach to economic value creation is based on the premise that maintaining financially sound business operations is dependent on these operations being environmentally and socially sound. Economic strength and stability is a prerequisite for environmental investments and socially responsible decisions that generate long-term financial growth. SCA’s aim is to achieve maximum value for its shareholders and other , such as employees, customers and society, with minimum adverse effects. SCA has a number of policies and management systems in place to achieve and follow up its economic value creation. This chapter describes SCA’s work related to its most important economic and financial aspects.

Strategic components

Policy

Sustainability Policy

Targets and KPIs

Financial targets

People and nature innovations

Hygiene solutions

Management systems, programs and certifications

IFRS

Innovation processes

Life cycle management

External charters or initiatives

Stakeholders
Groups of people with whom an organization has active relationships, and with whom effective dialog is necessary to the functioning of the business. Shareholders, authorities, customers, employees and professional associations are all stakeholders in SCA’s business activities.
Code of Conduct
Is a formal statement of the values and business practices of a company. A code is a statement of minimum standards, together with a pledge by the company to observe them and to also require its contractors, subcontractors and suppliers, to observe them.
Life cycle assessment, LCA
A method of assessing the environmental impact of a product, taking account of its entire lifespan from raw material extraction to waste disposal.
UN Global Compact
A strategic platform for sustainable business. Today, Global Compact is the world’s largest voluntary initiative with more than 12,000 signatories from 145 countries who have committed to work according to the Global Compact’s ten principles concerning human rights, labor, the environment and anti-corruption.