Governance and compliance

We aim to ensure efficient and value-creating decision-making by clearly defining the division of roles and responsibilities among shareholders, the Board of Directors and the Group Executive Management.

All shareholders are entitled to exercise their voting rights in the highest decision-making body, the Annual General Meeting of Shareholders.

Sandvik’s employees are given the opportunity to gain insight into and exert an influence over the company’s operations through their union representatives, since they are entitled to union representation on the Board under Swedish legislation.

Governance framework

Sandvik's corporate governance is managed through the governance framework The Sandvik Way.


As a company we are committed to conducting our business with honesty, integrity and high ethical standards.


We always strive to act as a good corporate citizen and all tax activities must be carried out in compliance with applicable laws and regulations.